CannaPharmaRX, Inc. announced that it has expanded its board of directors from three seats to five. The board deemed this expansion was in the best interest of the corporation as it coincides with an expansion of operations. The following person(s) were elected to the Board to fill the newly created directorships until the next annual meeting of stockholders of the corporation: Mr. Anthony Panek, age 38, is a corporate mergers and acquisitions attorney and venture capital investor with expertise in capital raising formation and growing businesses.

He has worked with private equity and venture capital funds to allocate capital to emerging growth companies and works with emerging growth companies, both public and private, to raise capital and acquire assets and corporate talent. He has been an investor in many emerging growth companies and private funds investing in similar companies. He works with companies from a business and legal perspective to navigate and manage growth challenges facing emerging growth companies and helping companies complying with their SEC reporting obligations.

He completed the Venture Capital Certificate Program at Startup@Berkeley Law. Mr. Panek was selected to serve on the Company's Board based upon his experience as an attorney and venture capital and private equity investor helping emerging companies raise capital, comply with SEC reporting and governance requirements, and his work with other cannabis companies. Mr. Adam Mindle, age 52, is a transactional attorney with extensive experience in structuring, negotiating and documenting sophisticated joint ventures, secured financing and mergers and acquisitions related to real estate, healthcare and technology companies.

In 2010, Mr. Mindle co-founded Greystone Law Group LLP. Prior to co-founding Greystone Law Group LLP, Mr. Mindle was a partner in the Los Angeles officer of Orrick, Herrington & Sutcliffe LLP. Mr. Mindle is a veteran authority on real estate, finance and corporate transactions having represented real estate developers, private equity funds, pension funds, REITs, public and private companies and institutional lenders in connection with the acquisition and disposition of real estate assets, secured financing and joint ventures.

During his three-decade career, Mr. Mindle has guided numerous start-up companies, mature organizations, pension funds, REITs and other public and private companies through a myriad of sophisticated transactions valued in billions of dollars. The third and final board position will look to be filled in the near future. Mark Branson has chosen to step down from his current position on the Board.