NSAV LAUNCHES HEMP OPERATIONS IN CHINA
NSAV Holding, Inc. (OTC: NSAV), announced today that the Company
is launching significant hemp operations in China. This will
include both growing facilities and providing state of the art
technology to its Chinese hemp partners. The NSAV hemp project will
be based at one of the Companies two current Shanghai locations and
be a joint venture with the international Chinese conglomerate AMC
Shanghai. NSAV is also in talks with a leading U.S. hemp technology
company to participate in the project. China is the worlds largest
producer of hemp. While the U.S. is the globes largest consumer of
hemp. The U.S. legalized hemp at the federal level in 2014 and the
Company feels this is the perfect time to enter this booming
industry.
Further, China is the worlds largest producer of cannabis sativa
seeds, accounting for nearly 40% of global production. In addition,
Chinese companies have 309 out of the 606 patents filed around the
world that relate to cannabis and hemp. These statistics, combined
the Companys foothold in China, provide NSAV with a major advantage
over it competitors in the global hemp market.
James Tilton, president of NSAV stated, I am thrilled that we
will be a major force in the Chinese hemp arena. I envision NSAV as
a bridge between the U.S. and China hemp markets.
NSAV's vision is the establishment of a fully integrated
technology company that provides turnkey technological solutions to
the legal medical cannabis and hemp industries, as well as other
areas of the medical industry. Over time, the Company plans to
provide a wide range of services such as software solutions,
e-commerce, advisory services, financial services, patents and
trademarks and information technology.
For further information please contact NSAV at 1 (570- 595-2432)
or info@nsavholdinginc.com
The NSAV corporate website can be accessed at http://nsavholdinginc.com
The NSAV Twitter account can be accessed at https://twitter.com/NSAV_MJTechCo
The NSAV Facebook account can be accessed at https://www.facebook.com/NSAVHolding/
This press release contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934,
which are intended to be covered by the safe harbors created
thereby. Investors are cautioned that, all forward-looking
statements involve risks and uncertainties, including without
limitation, the ability of NSAV Holding, Inc. to accomplish its
stated plan of business. NSAV Holding, Inc. believes that the
assumptions underlying the forward-looking statements contained
herein are reasonable, any of the assumptions could be inaccurate,
and therefore, there can be no assurance that the forward-looking
statements included in this press release will prove to be
accurate. In light of the significant uncertainties inherent in the
forward- looking statements included herein, the inclusion of such
information should not be regarded as a representation by NSAV
Holding, Inc. or any other person.