Wellnex Life Limited (ASX:WNX) Launch of medicinal Cannabis brand Wellness Life for the growing Special Access Scheme (SAS)

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Price Sensitive Announcement – 16 August 2024

Overview:

Wellnex Life Limited has announced that with their joint venture partner OneLife Botanicals, it has successfully launched the new medicinal cannabis brand – Wellness Life. Wellness Life has commenced sales in July with product being prescribed by registered medical professionals in Australia and dispensed by pharmacies.

Wellness Life provides patients high quality Australian medicinal cannabis products, with distribution of
Wellness Life being facilitated by one of Australia largest medicinal cannabis distributors to pharmacies in
in the Entourage Effect.

Industry experts Dr Mihindu Jayasuriya and Dr Tony Farag have been appointed as senior medical advisors for Wellness Life to complement the previous appointment of Dr Sylvia Victor (as the lead on the JV) to both provide training, education and to prescribe Wellness Life products to patients.

Dr Jayasuriya and Dr Farag have commenced training to select pharmacies on the medicinal cannabis
market and more specifically on Wellness Life. This will accelerate the knowledge on Wellness Life in both
pharmacies and more importantly with registered practitioners which will increase the brand awareness in
the medical community.

Highlights:

  • Wellnex Life with Joint Venture partner OneLife Botanicals – OneLife Botanicals – OneLife Botanical Medicinal Cannabis – has successfully launched new medicinal cannabis brand -Wellness Life with first prescriptions dispensed
  • Wellness Life with its full range of medicinal cannabis products is available to be ordered
    by pharmacies via The Entourage Effect – The Entourage Effect Portal
  • Appointment of Dr Mihindu Jayasuriya and Dr Tony Farag as clinical senior medical
    advisors for Wellness Life

Company Notes:

George Karafotias, CEO of Wellnex Life, commented, “The launch of Wellness Life is an exciting
development, and we are well positioned to take advantage of the growing demand for prescription
medicinal cannabis. We have quality Australian product manufactured by OneLife Botanicals, an
experienced team led by Dr Sylvia Victor and great partners which makes this project very exciting.”

Full ASX Announcment: WNX_Launch_of_Medicinal_Cannabis_Brand_Wellness_Life_for_SAS.pdf (yourir.info)

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