The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014, as retained as part of the law of England and Wales. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Press release

20 October 2022

Cellular Goods PLC

('Cellular Goods' or 'the Company')

Launch of gift set collection for festive season

Cellular Goods (LSE: CBX), a UK-based wellness company providing premium consumer products formulated with lab-produced cannabinoids, is pleased to announce the launch of a collection of four festive gift packs for the Christmas season containing products from Cellular Goods' 'Look Better' skincare range.

The new 'Gift Better' collection comprises the Rejuvenate & Glow gift, containing Cellular Goods' 'mini' size Cannabinoid Face Serum 15ml in limited edition festive packaging; Calm & Soothe, containing the Company's Cannabinoid After Shaving Moisturiser, a camomile scented candle, a vegan leather reusable vanity bag, and a luxury silk sleeping eye mask; Nourish & Relax, containing Cellular Goods' Cannabinoid Face Oil, a camomile scented candle, a luxury silk sleeping eye mask and a vegan leather reusable bag; and Rejuvenate & Indulge, comprising the Company's 'mini' size Cannabinoid Face Serum 15ml and the full size Rejuvenating Night Cream 50ml, a camomile scented candle, a luxury silk sleeping eye mask and a vegan leather reusable vanity bag.

The festive 'Gift Better' range will enable Cellular Goods to introduce its premium-quality skincare products containing lab-produced cannabinoids to a wider group of consumers at attractive price points.

The launch follows the introduction of three new rejuvenating skincare products and shipping to the US market from last month. The Rejuvenate & Glow gift has a recommended retail price of £45, the Calm & Soothe set of £65, the Nourish & Relax set of £85 and the Rejuvenate & Indulge set of £125.

The gift set collection launches alongside the current rejuvenating marketing campaign featuring Helena Christensen, and the Christmas giftsets will be promoted across digital advertising channels over the coming months.

The Rejuvenate & Glow gift is available for purchase from today on the Company's ecommerce site, www.cellular-goods.com, Amazon and across premium cannabinoid retailer Voyager's brick-and-mortar stores in Edinburgh, St. Andrews, and Dundee. The Calm & Soothe set, the Nourish & Relax set and the Rejuvenate & Indulge set will be available for purchase later in October.

Darcy Taylor, interim CEO of Cellular Goods, commented: "The festive period is a peak season for retailers. With the launch of Cellular Goods' gift set collection, we are very well positioned to meet this increasing demand and broaden our footprint by offering a range of convenient and attractive gifting sets so that more consumers can experience all the skincare and wellness benefits of lab-made cannabinoids."

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About Cellular Goods PLC:

Cellular Goods is a UK-based wellness company that provides premium products based on lab-made cannabinoids. It was established in August 2018 to develop efficacy-led and research-backed cannabinoid-powered wellness products. The initial focus is on three product verticals: Feel Better, Look Better and Function Better. These three verticals encompass Cellular Goods' premium CBG skincare and CBD wellness with the first products launched in December 2021. The Company's shares are listed on the main market of the London Stock Exchange. www.cellular-goods.com