CULT Food Science Adds Experienced Founder and Operator, Joshua Errett, to Expand Operations to the Silicon Valley

TORONTO - CULT Food Science Corp. ("CULT" or the "Company") (CSE: CULT) (OTC: CULTF) (FRA: LN0), an innovative investment platform with an exclusive focus on cellular agriculture that is advancing the development of novel technologies to provide a sustainable, environmental, and ethical solution to the global factory farming and aquaculture crises, announces that it has recently appointed Joshua Errett as its VP of Product Development.

Mr. Errett is a proven operator and founder with experience in commercialising cell-based consumer products. He co-founded Because Animals, Inc. ("Because Animals") in 2016 as the world's first cultured meat pet food company. Joshua worked as its Chief Operating Officer as well as leading the entity's finance, sales and marketing efforts. Because Animals was both a bioscience company, with two labs and approximately 20 scientists working to scale cultured meat for commercial pet food, as well as a fully operational pet food company, with products in Petco, Chewy and other independent stores around the United States.

Highlights from Joshua's career include but are not limited to:

• Being credited as an inventor on all patents for Because Animals' future cellular agriculture products;
• Helping raise US$7M in funding for the Company; and
• Being awarded the Grand Prize for pet food innovation at the 2020 Petcare Innovation awards, sponsored by Purina.

Mr. Errett operates from the Bay Area of San Francisco, California. This is expected to allow CULT to accelerate new product development and expand its operations to the Silicon Valley Region.

Management Commentary

"I am excited to add Joshua as a member of the CULT team. He will be pivotal in the expansion of CULT's operations, new product development and other company efforts. His extensive experience in both cellular agriculture and as an experienced operator are expected to be vital in exploring new ways CULT can build value and be on the leading edge of cellular agriculture," said Lejjy Gafour, CEO of CULT.

"The CULT platform is one of the most ambitious and comprehensive in the field of cellular agriculture. It has endless potential to impact the world's food supply and so I'm thrilled to be a part of it," added Mr. Errett.