SmartKem board authorizes review of strategic alternatives to increase stockholder value

SmartKem, Inc.

Board authorized management to consider strategic alternatives including potential transactions to increase shareholder value.
No timetable set; SmartKem may terminate review at any time without proceeding with any transaction.
Company will continue operating its business in the ordinary course during the review process.
There is no assurance any strategic transaction will result or increase stockholder value.

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