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Strategic Rare Earth Metals, Inc. (OTC Markets:SREH) announced today that the Company is working with a Attorney in the Cannabis Industry in opening Medical Marijuana Dispensary Stores in California.

As the Company directs its focus 100% into the Medical Marijuana field, our goal is to build an excellent team of leadership with resources in the Cannabis Industry.

The Company would also like to add that we are still in open discussions in pursuing a Joint Venture and have received numerous proposals from parties involved in the Cannabis Industry, the Company is reviewing these proposals for the best possible opportunity for the Company and its Shareholders.

Bill Schaefer, President of Strategic Rare Earth Metals, Inc., stated, "I am very excited to be working with people in the Cannabis Industry, California is just one of many States in our growth plan."

About Strategic Rare Earth Metals, Inc. (OTC Markets:SREH) – Strategic Rare Earth Metals, Inc. is a publicly traded company trading on the OTC Markets under the symbol SREH. For more information about Strategic Rare Earth Metals, Inc., please visit the Company's website at http://www.srehholdings.com

Forward-Looking Statement Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

CONTACT: Bill Schaefer, President
         562-453-7643