Creso Pharma Limited entered into a strategic Heads of Agreement ("HOA") with leading natural, sustainable health and lifestyle brand supplier Martin & Pleasance Pty Ltd. ("Martin & Pleasance") to bring Creso's suite of cannabis based products to the Australian market. Martin & Pleasance has its own in-house regulatory team and an extensive workforce directly servicing over 4,000 pharmacies in Australia and New Zealand, as well as online channels, grocery and practitioner suppliers. Creso advises that its collaboration with Martin & Pleasance is progressing very well. Both parties are currently sharing information to progress potential regulatory pathways for low-dose CBD products and defining business cases, which will allow Creso to considerably grow its footprint with Australian pharmacies.