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Discover Wellness Solutions Announces Approval Of New Ticker Symbol WLNS

Calgary, Alberta, January 6, 2021 – Discover Wellness Solutions Inc. (formerly RMMI Corp.) (“Discover Wellness” or the “Company”) (CSE: WLNS), a licensed producer and processor under the Cannabis Act (Canada), is pleased to announce that the Canadian Securities Exchange (the “CSE”), pursuant to the name change that was approved by the Company’s shareholders on December 22, 2020, has approved the use of the ticker WLNS. Discover Wellness will trade on the Canadian Securities Exchange (the “CSE”) under the symbol “WLNS” effective January 6, 2021. Additionally, the Company has hired ARU Global Inc. to raise investor awareness for an initial period of six months for $4,500 per month.

The Company’s name change from “RMMI Corp.” to “Discover Wellness Solutions Inc.” and new ticker is part of a strategy to better reflect the Company’s current operations which are more focussed on the much larger CBD market and away from cultivation of cannabis. The new name more closely aligns with the Company’s vision to establish its cost leadership in CBD extraction with a focus on the non-psychoactive space, to create value for shareholders

“The name change is part of strategy to rebrand our Company and focus attention on our wellness strategy.” commented Peter Cheung, Interim Chief Executive Officer and Chief Financial Officer.

The Company would like to issue a correction in relation to the press release (“PR”) issued on December 29, 2020 and titled, “RMMI Announces Completion of Name Change to Discover Wellness Solutions, Takes Possession of 550,000 kg of High-CBD Biomass and Completes Strategic Alliance with SynerGenetics Bioscience”.  The title and text in the PR should be changed to 550,000 lbs and that all references to “kgs” should be changed to “lbs”.

In connection with taking possession of the first 550,000 lbs of high-CBD hemp biomass pursuant to the Company’s previously announced Hemp Contribution Agreement and the completion of the SynerGenetics Bioscience Inc. Strategic Alliance agreement, the Company has issued 19,734,000 common shares. It is a transformational deal as this purchase of hemp for Discover Wellness common shares and contingent consideration translates to a working capital savings of over $5 million and results in SynerGenetics Bioscience Inc. becoming a major shareholder and strategic partner to the Company.

— Discovery Wellness Solutions (ticker – WLNS:CSE)

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Eason Chen is a chartered professional accountant with over 15 years of experience in corporate governance, corporate finance, financial reporting, Canadian and cross-border listings. He previously held senior managerial position at Ernst & Young LLP, MNP LLP and numbers of public listed companies. He is currently a CFO of a public listed company on the Canadian Securities Exchange and the chairman of audit committee of a public listed company on London Stock Exchange.

Eason Chen, CPA, CA

Eugene is a partner at Shea Nerland LLP, with over 20 years experience as a securities, corporate finance and mergers & acquisitions lawyer. He acts for and is a trusted advisor to emerging and growth-oriented companies on corporate finance, securities and mergers & acquisition matters. Eugene has provided extensive advice on initial public offerings, private placements, take-over bids, stock exchange listings, shareholder and proxy related matters, securities reporting, regulatory compliance and mergers & acquisitions.

EUGENE CHEN, B.SC., LLB

Dave is a senior financial executive with over 35 years of experience. His career includes leadership roles in financial reporting, capital markets and risk management in public and private companies in Canada, the US and internationally. Mr. Guebert is a CPA, CA (Alberta), and has his CPA designation in Pennsylvania. He has served as CFO of a number of public and private enterprises and is a longstanding director of Merus Labs, a specialty bio-pharmacy company listed on the TSX and NASDAQ exchanges. Dave is also a director of Legend Power Systems listed on the TSX-V.

DAVE GUEBERT, CPA, CA

Tony is an expert in the health and benefits insurance industry. With over 25 years of experience, Tony brings a unique perspective to the Discover Wellness Solutions Board of Directors. Tony is the founder and President of Fairfield, Watson & Lewis Inc., one of the largest independent employee benefit consulting firms in Western Canada; the President of FWC Benefits Inc., a health and dental claims payment company; and President of Benefit Evolution Advisory, a recently-acquired, Edmonton-based employee benefits consulting firm.

TONY FAIRFIELD

Surinder is a talented plant scientist and researcher with over 10 years of experience. He manages the scientific, research and technological operations of Discover Wellness Solutions. Surinder received his Ph.D. from McGill University and has served as a plant scientist at the University of Saskatchewan. He has received numerous awards, a patent on a brewing-process, and is widely recognized in the field of plant molecular biology and biochemistry. He is experienced in the study and practical application of cannabis cultivation and cannabis oil extraction.

DR. SURINDER SINGH, B.SC., M.S., PH.D.

Chief Scientist

Manish has over 12 years experience in the capital markets. Over ten years as an Equity Research Analyst with various boutique investment banking firms in Toronto; where he covered a wide range of sectors ranging from Technology, Gaming, FinTech and Telcos. He also spent a year with a gold mining company as their Investor Relations and Corporate Development Director. Manish has an MBA in Finance from Cardiff University and B.Com (honors) from Delhi University. He has also completed his CFA.

MANISH GRIGO

Chief Strategy Officer

Sunny has nearly a decade of experience in quality assurance and regulatory management in the international pharmaceutical products industry. Sunny received his Master of Pharmacy in 2008 and served as a research scientist for a number of years.

SUNNY DABAS, B.PHARM., M. PHARM.

QUALITY ASSURANCE MANAGER

Peter is a senior financial professional who brings over 20 years and over 40 billion dollars worth of experience to Discover Wellness Solutions in accounting, treasury, corporate finance, mergers and acquisitions, strategic planning, governance, operations and investment banking. Peter was most recently CFO and Corporate Secretary of Ceiba Energy Services Inc. (TSX-V) and the VP Finance and CFO of Petrobank Energy & Resources Ltd (TSX). Peter is passionate about his community and has served on a number of for-profit and not-for-profit Boards.

PETER CHEUNG - CPA, CA

INTERIM CEO AND CFO

Peter is a senior financial professional who brings over 20 years and over 40 billion dollars worth of experience to Discover Wellness Solutions in accounting, treasury, corporate finance, mergers and acquisitions, strategic planning, governance, operations and investment banking. Peter was most recently CFO and Corporate Secretary of Ceiba Energy Services Inc. (TSX-V) and the VP Finance and CFO of Petrobank Energy & Resources Ltd (TSX). Peter is passionate about his community and has served on a number of for-profit and not-for-profit Boards.

Mike Stuart

Head of Sales , Intel