SubsidiaryCompany Name Change

The Board of Cannasouth Limited (NZX:CBD) confirms that its 100% owned subsidiary, Cannasouth Plant Research New Zealand Limited, is changing its name to Cannasouth Bioscience Limited, effective 23rd September 2020. The name change better reflects the company's activities as it transitions from a research and development company operating in accordance with Ministry of Health research licences, to product development and sales activity pursuant to the recent commercial licence granted to the company under the Medicinal Cannabis Scheme that came into effect 1st April 2020. -ENDS- For further information visit www.cannasouth.co.nz or contact: Mark Lucas CEO, Cannasouth Limited Email: mark.lucas@cannasouth.co.nz Mobile: 021 484 649 End CA:00360343 For:CBD Type:GENERAL Time:2020-09-24 12:26:44