Sunshine Earth Labs Ltd. Provides Corporate Update

VICTORIA, BC, March 2, 2023 /CNW/ - Sunshine Earth Labs Ltd. ("Sunshine Labs" or the "Company") a Canadian-based biosciences company that aims to bring a safer supply of drugs to the global market, has published a corporate update highlighting the progress that has been made since receiving its Health Canada Dealer's License for Psilocybin on May 20, 2022.

Operational Highlights - 9-month Update:

• The Company received an amendment to its Controlled Drug and Substances Dealer's License to legally possess, produce, sell and distribute MDMA on September 29, 2022.
• The Company received an amendment to its Controlled Drug and Substances Dealer's License to legally possess, produce, sell and distribute Coca Leaf and Cocaine on November 15, 2022.
• The Company received an amendment to its Controlled Drug and Substances Dealer's License to legally possess, produce, sell and distribute Opium and Morphine and Diacetylmorphine on January 12, 2023.

Health Canada Licenses were issued to Oryx BioMed Ltd., a wholly owned subsidiary of Sunshine Earth Labs Ltd. 

"We are incredibly proud of the progress we have made in the last year," said Donovan Edwards, Sunshine's CEO.  "Since inception, we have been proactively pursuing amendments to our Dealer's License to include MDMA, Coca Leaf, Cocaine, Opium, Morphine, and Diacetylmorphine to position ourselves as a legitimate safer supply partner. We will continue to work on securing global trade relationships to import ethically sourced medical products for safer supply."

About Sunshine Earth Labs Ltd:
Sunshine Earth Labs Ltd (the Company) is building international partnerships to provide a safer supply of drugs to Canada and the global market. Their Health Canada Dealer's License was originally issued for the research, production, & sales of Psilocybin. It was then amended to include MDMA, Coca Leaf, & Cocaine. Our most recent amendments include Morphine, Diacetylmorphine (DAM/heroin), and Opium. The executive is working to actively build international partnerships to provide a Safer Supply under the guidelines of the CDSA.

 https://www.sunshinelabs.life/

SOURCE Sunshine Earth Labs Ltd.

Donovan Edwards, CEO, [phone], [email protected]; Andrew Pike, Investor Relations, [phone], [email protected]