SpeakEasy Cannabis Club Ltd. announced that it has entered into an extraction agreement and a consulting agreement (the "Consulting Agreement") and together with the Extraction Agreement, (the "Agreements") with RC Frontier Labs Ltd. ("RCFrontier Labs") effective January 8, 2021. The Agreements bring marketing, processing equipment, intellectual property and years of extraction and formulation experience to the SpeakEasy processing facility. RC Frontier Labs brings all equipment necessary to allow SpeakEasy to enter the cannabis concentrate market immediately. SpeakEasy's outdoor crop is perfectly suited to create high quality value added products and with its low cost, gives SpeakEasy an advantage in the market. RC Frontier Labs brings years of experience in the legal extraction market. Entering into the Agreements with RC Frontier Labs is expected to save the Company significant upfront cost and years of learning. The Company's focus has been on growing high quality cannabis and management believes it has all the traits necessary to be among the best in the industry at cultivation and growing flower, and combined with the relationship with RC Frontier Labs, it further believes the Company will be among the best at producing value added cannabis products. SpeakEasy has a significant amount of product that was grown at an industry leading low cost, and as such, entering into the value added markets with such a large advantage gives SpeakEasy a leg up on many in the industry.