New Age Farm Announces Development of Water-Soluble CBD Infused Vitamin Rich Powder
November 08 2018 - 8:00AM
New Age Farm Inc. (CSE:NF) (OTC:NWGFF) (FSE:ONF)
(“New Age Farm” or the “Company”) is pleased to announce the
company has begun development on a fully water soluble CBD vitamin
pack. This newly formed entity intends to introduce 3
separate variations of these packets. The first will be a “morning”
packet that will contain a proprietary energy boosting
formulation. The second a “mid day” packer which will
enhance focus and get you through the day successfully. The third
will be a “night time” packet, with a proprietary relaxing blend
which will aid in healthy sleep.
“We have been actively vetting formulators to
make the product and expects to make the final selection in the
coming weeks. In the meantime, our in-house branding/marketing team
have starting working on this project” - Josh Bartch, CEO of New
Age Farms, LLC.
About New Age Farm
New Age Farm is an agricultural services company
offering unique turnkey growing infrastructure and services for
licensed growers and processors of luxury marijuana crops at its
agri-campuses in Washington State. In November 2012, the Washington
State Liquor and Cannabis Board (“WSLCB”) passed Initiative 502
(“I-502”). I-502 authorized the WSLCB to regulate and tax
recreational marijuana products for persons over twenty-one years
of age and thereby created a new industry for the growing,
processing and selling of Washington State-regulated recreational
marijuana products. New Age Farm provides innovative solutions for
growers and processors in this burgeoning industry.
For further information about New Age Farm,
please consult the Company’s profile on SEDAR at www.sedar.com or
visit the Company’s website at www.newagefarminc.com.
On Behalf of the Board of
Directors
For Further
Information Contact
Joshua Bartch
Corporate CommunicationsChief Executive Officer
corpcom@newagefarminc.cominfo@newagefarminc.com
888-871-3936
The Canadian Securities Exchange has
neither approved nor disapproved the contents of this news
release and accepts no responsibility for the adequacy or
accuracy hereof.
This news release contains forward-looking
statements, which relate to future events or future performance and
reflect management’s current expectations and assumptions. Such
forward-looking statements reflect management’s current beliefs and
are based on assumptions made by and information currently
available to the Company. Readers are cautioned that these forward
looking statements are neither promises nor guarantees, and are
subject to risks and uncertainties that may cause future results to
differ materially from those expected including, but not limited to
completion of planned improvements at both the Canadian and US
sites on schedule and on budget, the availability of financing
needed to complete the Company’s planned improvements on
commercially reasonable terms, planned occupancy by the
tenant-growers, commencement of operations, differences in yield on
expected harvests, delays in obtaining statutory approval for
marijuana production plans, issues that may arise throughout the
grow period, outdoor crops affected by weather, the ability to
mitigate the risk of loss through appropriate insurance policies,
and the risks presented by federal statutes that may contradict
local and state legislation respecting legalized marijuana. These
forward-looking statements are made as of the date hereof and the
Company does not assume any obligation to update or revise them to
reflect new events or circumstances save as required under
applicable securities legislation. This news release does not
constitute an offer to sell securities and the Company is not
soliciting an offer to buy securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of such
jurisdiction.
This news release does not constitute an offer
of securities for sale in the United States. These securities have
not and will not be registered under United States Securities Act
of 1933, as amended, or any state securities laws and may not be
offered or sold in the United States or to a U.S. Person unless so
registered, or an exemption from registration is relied upon.
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