GlobeNewswire Inc | Dec 17, 2021 07:57PM EST

December 18, 2021

VANCOUVER, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (InMed or the Company) (Nasdaq: INM), a leader in the development, manufacturing and commercialization of rare cannabinoids, today confirmed that, at its annual general meeting of shareholders held on December 17, 2021 (the Meeting), all of the matters put forward before shareholders for consideration and approval as set out in InMeds notice of meeting and management information circular, dated October 28, 2021, were approved by the shareholders. In particular, shareholders approved the election of all director nominees to hold office until the next annual meeting of shareholders or until their successors are elected or appointed. Results of the vote for the election of directors at the Meeting are set out as follows:

Director Votes For Withheld Votes Number Percentage Number PercentageEric A. Adams 2,960,270 93.98% 189,717 6.02%Adam Cutler 2,980,880 94.63% 169,107 5.37%William J. Garner 2,957,803 93.90% 192,184 6.10%Andrew Hull 2,980,096 94.61% 169,891 5.39%Catherine Sazdanoff 2,902,565 92.14% 247,422 7.86%

InMed filed a report of voting results on SEDAR at www.sedar.com on December 17, 2021.

About InMed: InMed Pharmaceuticals is a global leader in the development, manufacturing and commercialization of rare cannabinoids. Together with its subsidiary, BayMedica LLC, the Company has unparalleled cannabinoid manufacturing capabilities to serve a spectrum of consumer markets, including pharmaceutical and health and wellness. InMed is a clinical-stage company developing a pipeline of rare cannabinoid therapeutics and dedicated to delivering new treatment alternatives to patients that may benefit from cannabinoid-based pharmaceutical drugs. For more information, visitwww.inmedpharma.com and www.baymedica.com.

Investor Contact: Colin ClancySenior Director, Investor RelationsT: +1 604 416 0999E: cclancy@inmedpharma.com

Edison Group:Joe Green/Laine YonkerT: +1.646.653.7030/+1.646.653.7035E: jgreen@edisongroup.com / lyonker@edisongroup.com

Cautionary Note Regarding Forward-Looking Information:

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is based on management's current expectations and beliefs and is subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking information in this news release includes statements about: being a global leader in the manufacturing and development of rare cannabinoids and delivering new treatment alternatives to patients that may benefit from cannabinoid-based pharmaceutical drugs.

All forward-looking information herein is qualified in its entirety by this cautionary statement, and InMed disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.