Vancouver, British Columbia – The press wire – July 07, 2021 – Gaia Grow Corp. (the “Company” or “Gaia”) (CSE: GAIA) (CNSX: GAIA.CN) (Frankfurt: GG0) has started the expansion of its extraction laboratory – TruExtracts (Calgary) Inc. (“TRU“). The square footage will increase from 11,672 square feet to 28,526 square feet. The additional floor space will be used to add more treatment rooms, extraction capacity and facilitate the deployment of the treatment technology developed by Canna Stream Solutions Ltd. (“CSS“).

All of the laboratory’s processing rooms are currently occupied for product manufacturing. The expansion is expected to meet the expected volume and ensure short-term extraction and production capacity.

“The expansion of TruExtracts is the first step in rolling out CSS and processing all of Gaia’s ground CBD,” said Frederick Pels, CEO of Gaia. “We are looking to take control of the cannabis extraction market, and with this expansion we will have the capacity to do so. I look forward to informing our shareholders as Canna Stream, TRU and Gaia work together to bring efficiency and sustainability to the cannabis industry.

“With the current processing space at full capacity, this expansion will allow the launch of a host of new products currently under development,” said Andre Sinclair, COO of TruExtracts. “The expansion also allows for a good integration of Canna Stream and gives us the footprint for extraction on an industrial scale. “

Acquisition of Canna Stream Solutions Ltd.

The Company also confirms that it has completed the previously announced acquisition of all of the outstanding share capital of CSS. In consideration for the acquisition of CSS, the Company issued 12,500,000 ordinary shares (the “Counterpart actions“) to existing shareholders of CSS at a deemed price of $ 0.10 per matching share.

The Company is independent of CSS and of each of its shareholders. The acquisition of CSS does not constitute a fundamental change for the Company, nor has it resulted in a change of control of the Company, within the meaning of applicable securities laws and the policies of the Canadian Stock Exchange. The counterpart shares are subject to resale restrictions in accordance with applicable securities laws until October 24, 2021.

For further information regarding CSS, readers are referred to the press release issued by the Company on June 17, 2021.

Debt settlement

The Company also announces that it has settled an unpaid debt of $ 37,500, owed to an arm’s length creditor, in consideration for the issuance of 750,000 common shares at a deemed price of $ 0.05 per share. The shares are subject to a legal retention period of four months and one day following their issue.

TruExtracts

TruExtracts Laboratories were created for high capacity extraction to meet global demand. TruExtracts is one of Western Canada’s largest cannabis and hemp processors, this state-of-the-art facility in Calgary features supercritical carbon dioxide CO2, ethanol, butane and pentane and solvent-free extraction . Health Canada licensed and operational. The expansion is underway to reach an area of ​​28,526 square feet. Services include toll processing, THC, CBD extractions and isolates, as well as white label service and THC and CBD cannabis products.

More information can be found at https://truextractslabs.com/

Canna Stream Solutions

CSS develops critical technologies for the storage, transport and treatment of cannabis waste (physical and chemical). Specifically, they have applied for a provisional patent in the United States in the chemical extraction and fractionation of cannabinoids and monoterpenes from cannabis flower and biomass using their solvent system which is significantly more efficient than the ethanol. This gives CSS the ability to significantly manage the costs of high throughput processing and extraction of cannabis and hemp biomass.

The company will diligently post updates via videos on the company’s official YouTube channel https://www.youtube.com/channel/UC7tbvsY5gl2CrlsESYkbbgw

Please join the conversation on our GAIA Group Telegram Group at https://t.me/gaiagrow and visit us online at https://www.gaiagrow.com/

For more information, please contact:

Frederick Pels, President and CEO

(403) -991-7737

[email protected]

The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.

CAUTIONARY AND FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. Forward-looking statements and information are often, but not always, identified by the use of words such as “appear”, “seek”, “anticipate”, “plan”, “continue”, “estimate”, “approximate”, ” expect “,” may “,” will “,” plan “,” predict “,” potential “,” target “,” intend “,” could “,” could “,” should “,” believe “,” would “and similar expressions.

Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of the Company’s management for the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Because forward-looking statements and information deal with future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently expected due to a number of factors and risks. These include, but are not limited to, risks associated with the hemp industry in general, such as operational risks related to cultivation; competition; incorrect assessment of the value and potential benefits of various transactions; ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals and changes in legislation, including, but not limited to, tax laws and government regulations. Therefore, readers should not place undue reliance on the forward-looking statements, timetables and information contained in this press release.