PUF Ventures Inc. (CSE: PUF) (Frankfurt: PU3) (OTCPK: PUFXF), announces that it plans to spin out its wholly owned subsidiary Natures Hemp Corp. by way of a plan of arrangement.  Pursuant to the proposed Plan of Arrangement, the shareholders of the Company are expected to receive shares in Natures Hemp.  The Company plans to finalize the Plan of Arrangement and announce full details within the next month.  The Plan of Arrangement will have to be approved by the shareholders of the Company and the Supreme Court of British Columbia.  Natures Hemp currently is a private issuer and will be raising additional capital to fund its operations.

About PUF Ventures Inc.

PUF Ventures Inc. is a growth oriented and diversified company focused on the international cannabis industry. It has ownership in several cannabis companies: AAA Heidelberg, Solaris Nutraceuticals Pty Ltd., and Natures Hemp Corp., and is actively pursuing other opportunities within the industry. PUF has an option to purchase 100% of AAA Heidelberg Inc., a private Ontario company and advanced applicant for an ACMPR license. Solaris Nutraceuticals is building the largest medical cannabis greenhouse in the Southern Hemisphere.