CannaRoyalty President Afzal Hasan to Present at Three Major Cannabis Industry Events

CannaRoyalty to participate in National Cannabis Industry Association's (NCIA) 5th Annual Cannabis Business Summit & Expo 2018, Canaccord Genuity 38th Annual Growth Conference and Benzinga Cannabis Capital Conference

OTTAWA, July 23, 2018 /CNW/ - CannaRoyalty Corp. (CSE: CRZ) (OTCQX: CNNRF) ("CannaRoyalty" or the "Company"), a leading North American cannabis products and brands company, announced today that it will be presenting in three major cannabis industry events. CannaRoyalty President and General Counsel, Afzal Hasan will be speaking at NCIA's 5th Annual Cannabis Business Summit & Expo 2018 in San Jose on July 27, the Canaccord Genuity 38^th Annual Growth Conference in Boston on August 08 and at the Benzinga Cannabis Capital Conference in Toronto on August 17.

At the epicenter of the U.S. cannabis movement, the fifth edition of the NCIA's Annual Cannabis Business Summit & Expo, hosted by the cannabis industry's only national trade association will be held at the San Jose McEnery Convention Center. Afzal Hasan will be a part of a panel discussion regarding the implementation of intellectual property business models for the multi-state expansion of cannabis brands. The panel will begin at 5:45pm (ET) on July 27, 2018.

The Canaccord Genuity 38^th Annual Growth conference will bring together some of the world's most innovative companies and institutional investors and will be held at InterContinental Boston. Afzal Hasan will be presenting at 3:00pm (ET) on Wednesday, August 08, 2018. The webcast can be accessed on the day of the conference here.

The Benzinga Cannabis Capital Conference, in its first edition, is a gathering of cannabis entrepreneurs and investors in North America and will be held at Arcadian on 401 Bay Street. Afzal Hasan is scheduled to present at 10:40am (ET) on Friday, August 17, 2018.

About CannaRoyalty

CannaRoyalty is a North American cannabis consumer product company currently focused on building a leading distribution business in California, the world's largest regulated cannabis market. By building a world-class logistics platform and supporting contract manufacturing assets, the Company intends to support the growth of new and established cannabis brands. The Company believes California, home to some of the world's most discerning consumers and a nexus of information and trends, will be the point of inception for the global cannabis brands of the future. CannaRoyalty has developed a diversified portfolio of assets within the cannabis sector, including research, infrastructure and intellectual property to support our existing brands, partner products and distribution networks. The Company's leadership and staff combines passion and a hands-on understanding of the cannabis industry, with proven financial and legal expertise. CannaRoyalty's shares trade on the Canadian Stock Exchange (CSE) under the symbol CRZ and in the US on the OTCQX under the symbol CNNRF.

Forward Looking Statements

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in CannaRoyalty's periodic filings with Canadian securities regulators. When used in this news release, words such as "will, could, plan, estimate, expect, intend, may, potential, believe, should," and similar expressions, are forward- looking statements.

Forward-looking statements may include, without limitation, statements relating to the Acquisitions, the execution of the Company's strategy, new opportunities, future growth and other statements.

Although CannaRoyalty has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in target companies or projects that are engaged in activities currently considered illegal under US federal law; changes in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry and; regulatory or political change.

There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. CannaRoyalty disclaims any intention or obligation to update or revise such information, except as required by applicable law, and CannaRoyalty does not assume any liability for disclosure relating to any other company mentioned herein.

SOURCE CannaRoyalty Corp.

Please contact Marc Lustig, [email protected], 1-844-556-5070, www.cannaroyalty.com; Jonathan Ross, CFA, LodeRock Advisors Inc., [email protected], 416-283-0178