Emerald to Issue Shares in lieu of Cash due under for Verdélite Acquisition

Emerald Health Therapeutics, Inc. (EMH.V) (“Emerald” or the “Company”) today announced that the vendors (the “Vendors”) of Verdélite Sciences, Inc. and Verdélite Property Holdings, Inc. (collectively, “Verdélite”) have elected to receive $7.5 million of the $22.5 million they were to receive as the final payment for their shares of Verdélite in shares of Emerald valued on the five-day volume-weighted average price of the common shares of Emerald on the TSX Venture Exchange, discounted 10%, calculated as of April 30, 2019. See the Company’s news release dated May 2, 2018 for more details on the Verdélite acquisition.  Emerald is to pay the remaining $15 million of the purchase price to the Vendors on or before May 30, 2019.

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