The aim of this study is to analyze the effect of natural additive incorporation on processing nanocomposites and their effect on the functional characteristics of nanocomposites such as water uptake characteristics, drug adsorption and dissolution behaviors. Chitosan and montmorillonite were processed with olive oil and glycerin natural additives. In order to compare the processing results, the structure and the morphology of the polymer nanocomposites were examined by using infrared spectra, X-ray diffractograms and electron microscope images. Processing with nontoxic and healthful olive oil as a hydrophobizing agent overcame the high water uptake properties of the polymer nanocomposites and eliminated the use of other expensive chemicals. The nanocomposites without additives adsorbed the highest amounts of methylene blue at equilibrium. In vitamin B12 dissolution studies, not only the additives but also the reinforcement affected the results. Obviously, it can be seen that both the natural additive types and the reinforcement modification effects governed the drug adsorption and dissolution behaviors of the new tailored polymer nanocomposites. Moreover, the additives also improved the processing and handling abilities of these polymer nanocomposites. According to the results, these nanocomposites are promising candidates for medical applications like as a carrier for drug delivery and for skin treatment studies.