Mr. Derek Ivany reports

PUF VENTURES PROVIDES HEALTH CANADA UPDATE

PUF Ventures Inc., further to its news release of Aug. 22, 2016, has upgraded from position 20 to position 17 in respect of its Health Canada MMPR (marijuana for medical purposes regulations) application for AAA Heidelberg.

Derek Ivany, the company's president and chief executive officer, stated: "The company is now in the 17th spot with Health Canada and we are very optimistic about the future of PUF. Today, certain management will be meeting at the AAA Heidelberg facility in London, Ont., with our local advisers to discuss our final preparation plans as we move forward towards the final inspection."

The company is making additional moves to ensure it is well positioned for the existing medical marijuana market as well as the anticipated future recreational market.

About PUF Ventures Inc.

PUF is moving into the medical marijuana sector by purchasing a 100-per-cent interest in AAA Heidelberg, a private Ontario company that is in the process of applying for an MMPR licence. Although the company cannot guarantee nor estimate the timing for the issuance of a licence to AAA Heidelberg, it is the company's goal to become the next publicly traded Canadian company to be granted a new medical marijuana production licence.

VapeTronix, a wholly owned subsidiary of the company, is in the process of expanding its 1313 brand of electronic cigarettes and associated technologies.

We seek Safe Harbor.