Canadian Imperial Venture Corp. (TSXV:CQV.H) (the 'Company') announces that Pideka SAS ('Pideka'), the wholly owned Colombian subsidiary of Ikanik Farms, Inc. ('Ikanik Farms' or 'Ikanik'), announces the results of its COVID-19 study conducted by a third party laboratory, using agronomically certified genetics cultivated in 'Casa Flores', Pideka's state-of-the-art cannabis camp located in Colombia.

'We are pleased to announce the results of our COVID- 19 study and the positive implications to the virus replication cycle,' said Brian Baca, CEO of Ikanik Farms. Pideka provided University of Antioquia's ('UdeA') Immunovirology Group with samples from multiple agronomically certified strains cultivated at Casa Flores. The analysis was conducted by UdeA and concluded the strains inhibited up to 62.5% of SARS-CoV-2

About Universidad De Antioquia

Universidad de Antioquia is a public university founded in 1803. Its main campus is located in the city of Medellin, Colombia; additionally, it has other campuses and facilities in the nine regions of the department of Antioquia, Colombia. The purpose of Universidad de Antioquia is to pursue, develop and spread knowledge in the fields of humanities, science, arts, philosophy, and technology through research, teaching and outreach activities. The university consists of 25 academic units divided into 14 faculties, four schools, four institutes and three corporations that together offer around 130 undergraduate programs. Moreover, it offers 58 specializations, 46 medical specialties, 57 master's programs and 23 PhD programs, for a total of 184 graduate programs.

About Ikanik Farms

Ikanik Farms is creating a dynamic portfolio of cannabis brands aimed to support global pharmaceutical demand, rooted in health and wellness, action sports and unified with passion. Ikanik's leadership brings decades of expertise in R&D, cultivation, retail, branding, and corporate finance with the ambition to build the world's most iconic, vertically integrated 'seed-to-sale', 'MNO' Multi-National Operator. Ikanik Farms' currently has operations located in California and Colombia, through its pharma division Pideka which holds both GMP_PHARMA and (GACP) Good Agricultural and Collection Practice certifications for the Casa Flores, operating facility.

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