Phivida Holdings Inc. Announces Change of Venue for Annual General Meeting of Shareholders to be held on March 26, 2020

VANCOUVER and SAN DIEGO, March 20, 2020 /CNW/ - Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) ("Phivida" or the "Company") announces a change of venue for its upcoming annual general meeting of shareholders scheduled to be held on Thursday March 26, 2020 in Toronto, Ontario. The location of the meeting has been changed from the offices of Gowling WLG (Canada) LLP at 100 King Street and will now be held at the Marriott Downtown at CF Toronto Eaton Centre, King Conference Room, at 525 Bay Street, Toronto, ON, M5G 2L2. To ensure no adverse impact to shareholders, the anticipated start time for the meeting has been kept the same at 1:00PM, Toronto time.

ABOUT Phivida Holdings Inc.
Phivida Holdings Inc. is a CBD-centric holding group with assets in technology, publishing and consumer packaged goods (CPG). Headquartered in Vancouver BC, with operations in San Diego, Toronto and Belgrade, the company produces a line of CBD infused foods and beverages (OKI), and CBD topicals and supplements (VIDA+), in addition to managing and operating two CBD-related, online retail marketplaces under the brand names Bloomgroove and Wikala. Greencamp is the company's online publication and knowledge center on CBD sector news. For more information, visit phivida.com.

Disclaimer/Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information within the meaning of applicable securities laws. Forward-looking information in this news release relate to future events or future performance and include statements about the Company's Annual General Meeting (AGM). Any forward-looking information in this news release are based on assumptions believed by management to be reasonable, including assumptions regarding the AGM.  Since forward-looking information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated or implied due to a number of factors and risks, including but not limited to the following:  risks related to the COVID-19 virus and the government response that may affect the AGM; the ability of the hotel to host the AGM; the ability of necessary personnel to attend to the administration of the AGM due to mandated quarantine or COVID-19 related restrictions.  Accordingly, readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release are made as of the date of this news release and no undertaking is given to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the policies of the Canadian Securities Exchange. The forward-looking information contained in this news release are expressly qualified in their entirety by this cautionary statement. Neither the Canadian Securities Exchange nor its Regulation Services Provider has reviewed or accepted responsibility for the adequacy or accuracy of this release.

SOURCE Phivida Holdings Inc.