NewLeaf Brands’ Wholly Owned Subsidiary Fresh Water CBD, LLC Announces New & Improved Formulation, Increased Potency and Pr...
October 30 2019 - 8:30AM
NewLeaf Brands Inc.’s (CSE:NLB) (OTC:NLBIF)
(FSE:0NF) (“NewLeaf Brands” or the “Company”) wholly owned
subsidiary Fresh Water CBD, LLC (“Fresh Water”) announces that it
has completed the redesign of its CBD bottled water. The CBD
bottled water will now be offered in sleek 12oz cans. These cans
will decrease overall production costs and keep the CBD more
sustainable as light will not be degrading the product through
clear plastic bottles. Additionally, the Fresh Water has been
working with its development team to create a new and improved
formulation that increases the per unit dosage from 5MG to 25MG
while keeping the same great Fresh Water taste. Fresh Water expects
the product to be available both online and in retailers in the
coming months.
Joshua Bartch, CEO NewLeaf Brands, commented,
“After evaluating the current Fresh Water product in depth and the
market as a whole, we felt that we needed a change and something to
set us apart from other products currently available on the market.
We’ve worked hard with our team to reformulate the product to
increase the potency while keeping the same great taste, as well as
not increasing the cost to our loyal customers. Additionally, we
looked at a number of ways to better serve our customers and the
environment with a new sleek can, while also improving the look and
feel of the product. We are excited to debut this to the market in
the very near future.”
ABOUT NewLeaf Brands
NewLeaf Brands, Inc. is an innovative
Cannabidiol (“CBD”) lifestyle Company. Through the Company’s
wholly-owned subsidiaries We are Kured, LLC, Drink Fresh Water,
LLC, ReLyfe Brand, LLC and TeaLief Brand, LLC the Company’s main
business activities encompass the development, marketing, and
distribution of CBD products (including vaporizer pens/cartridges,
hot/cold tea, softgel capsules and beverages) throughout North
America, South America, and Europe. In addition, NewLeaf Brands,
Inc. has extensive retail and cultivation land investments in
Oregon, USA.
For further information about NewLeaf 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 |
For
Further Information Contact |
|
|
Joshua BartchChief Executive Officerinfo@nabrandsinc.com |
Corporate
Communications info@nabrandsinc.com 250-488-6728 |
We Are Kured Contact:
Benjamin MartchFounder & CEOwww.wearekured.com
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.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f1f4a160-2130-4d7b-beb9-405be0ed07a7
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