Naturally Splendid Enterprises Ltd. provides the following updates. The Company has reviewed the CBD edibles opportunity and has strategically adapted strategy for this emerging market. Naturally Splendid, will continue to focus core strengths manufacturing nutritious food, with plant-based ingredients in SQF2 Certified food manufacturing facility while the market for edibles continues to evolve. In 2019 many companies involved in the cannabis industry began to tighten their budgets and and/or reduced the scope of projects given the state of the cannabis market in Canada. That trend is continuing into 2020. It is prudent for Naturally Splendid to adjust strategies to best suit these challenging times for the cannabis industry. Therefore, after a thorough review, the agreements with AlternaMedz Canada Holdings Inc. and Prairie Pure (1159705 BC Ltd.) have been terminated.