Canbiola, Inc. entered into an Employment Agreement dated October 21, 2018 (the Teeple Agreement) with Stanley L. Teeple (Teeple). Pursuant to the Teeple Agreement, Teeple agreed to serve as the Company's Chief Financial Officer (CFO) and Secretary (Secretary) for an initial term of four (4) years. Teeple was also appointed as a Director of the Company.

Prior to joining the Company, Teeple was engaged with Solis Tek, Inc., a California-based publicly traded corporation, as Senior Vice President, Corporate Secretary, and Chief Compliance Officer from 2017 to 2018.