SMARTKEM, INC. TO PRESENT AT TOUCH TAIWAN 2022

MANCHESTER,England,April 25,2022 -- SmartKem,Inc. (OTCQB: SMTK),a company seeking to reshape the world of electronics with a revolutionary semiconductor platform that enables a new generation of displays,sensors and logic,will be presenting its unique technology at this year's Touch Taiwan conference on Thursday,April 28th 2022 at 2:00pm local time.

SmartKem's Technology Transfer Manager,Steven Tsai,will be providing a presentation titled,'Over 100,000 Nits Mini-/u-LED Driven by Organic TFT Backplanes with maximum 80˚C process temperature',which will interrogate the benefits behind using miniLEDs displays on plastic such as lighter,thinner,bendable,and rollable product features.

For more information on the conference,please visit: https://www.touchtaiwan.com/en/

About SmartKem

SmartKemis seeking to reshape the world of electronics with a revolutionary semiconductor platform that enables a new generation of displays,sensors and logic. SmartKem'spatented TRUFLEX® inks are solution deposited at a low temperature,on low-cost substrates to make organic thin-film transistor (OTFT) circuits. The company's semiconductor platform can be used in a number of applications including mini-LED displays,AMOLEDdisplays,fingerprint sensors and integrated logic circuits. SmartKemdevelops its materials at its research and development facility in Manchester,UK,and its semiconductor manufacturing process at the Centreof Process Innovation (CPI) at Sedgefield,UK. The company has an extensive IPportfolio including approximately 120 issued patents. For more information,visit: www.smartkem.comand follow us on LinkedIn and Twitter @SmartKemTRUFLEX

Forward-Looking Statements

All statements in this press release that are not historical are forward-looking statements,including,among other things,statements relating to the SmartKem's expectations regarding its market position and market opportunity,expectations and plans as to its product development,manufacturing and sales,and relations with its partners and investors. These statements are not historical facts but rather are based on SmartKem Inc.'s current expectations,estimates,and projections regarding its business,operations and other similar or related factors. Words such as "may," will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expect," "intend," "plan," "project," "believe," "estimate," and other similar or elated expressions are used to identify these forward-looking statements,although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks,uncertainties,and assumptions that are difficult or impossible to predict and,in some cases,beyond the Company's control. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors,including those described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future,even if new information becomes available.