New Age Brands Inc. Announces Wholly Owned Subsidiary Kured International, LLC to Enter the European Market
February 12 2019 - 8:30AM
New Age Brands Inc. (CSE:NF) (OTC:NWGFF) (FSE:ONF)
(“New Age Brands” or the “Company”) is pleased to announce
that, following the recent success of its wholly owned
subsidiary, We Are Kured, LLC (“Kured”), in South America, Kured
has expanded into Europe by launching Kured International, LLC.
Kured has begun to make significant progress in entering the
European market thanks to the efforts of Yves Yon, Managing
Director of Kured International, LLC. Kured CBD vape pens
will now be offered in CBD stores throughout Paris, France.
Kured’s 100% THC free CBD oil fits France’s CBD
guidelines which require that all CBD oil must be less than 0.02%
THC content. After introducing Kured’s disposable vape pen to
some of Paris’s well-known CBD store owners and distributors, the
Kured team feels that the European market will soon become a focus
for distribution.
Benjamin Martch, New Age Brand’s Chief Marketing
Officer and founder and Chief Executive Officer of Kured, stated:
“The European market has been discussed between New Age Brands
management team for months, but after hearing the positive feedback
from store owners in France, we will now be heavily focused on the
European market.”
ABOUT New Age Brands
New Age Brands is an innovative Cannabidiol
(“CBD”) lifestyle Company. Through the Company’s wholly owned
subsidiaries We Are Kured and Drink Fresh Water, the Company’s main
business activities encompass the development, marketing and
distribution of CBD products (including vaporizer pens and
beverages) throughout the United States and internationally. In
addition, New Age Brands has extensive retail and cultivation land
investments in Oregon.
For further information about New Age Brands,
please consult the Company’s profile on SEDAR at www.sedar.com or
visit the Company’s website at www.NABrandsInc.com. For further
information about We Are Kured, please visit their website at
www.wearekured.com.
On Behalf of the
Board of Directors Joshua Bartch Chief Executive Officer
info@newagefarminc.com |
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For Further
Information Contact Corporate Communications
info@nabrandsinc.com 250-488-6728 |
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We Are Kured
Contact: Ben Martch Founder & CEO
www.wearekured.com |
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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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