NSP Naturally Splendid Enterprises Ltd

Naturally Splendid Enterprises (the "Company") (TSX
VENTURE:NSP)(OTCQB:NSPDF)(FRANKFURT:50N) is pleased to announce the formation of
a wholly-owned subsidiary in the state of Colorado in the United States of
America. The name of the US Corporation is Naturally Splendid USA Ltd. 


Naturally Splendid CEO Craig Goodwin states, "Forming a US subsidiary is an
important strategic step for Naturally Splendid for several reasons. A U.S.
subsidiary allows the Company to expand distribution of the existing 100%
NATERA(TM) superfood brand to US retailers, as well as penetrate US markets more
efficiently for the plant based omega products and technologies that we have
exclusive marketing rights throughout North America for in an agreement that we
secured with Boreal Technologies. As importantly, it is the first step in
commercializing the cannabinoid technology that we are in advanced stages of
negotiations on with Full Spectrum Labs as announced on July 16, 2014."


On January 1st 2014 Colorado became the first US state to open recreational
marijuana stores and became the first place in the world where marijuana will be
regulated from seed to sale. Retail marijuana will have a 25% state tax plus the
usual state sales tax of 2.9%, making the additional revenue to the state
initially amount to $67 million a year, with $27.5 million of it designated to
build schools, state tax officials say.(i)


By making legalizing marijuana, Colorado has opened its doors to considerable
research and development opportunities in the field of cannabinoids. A prominent
cannabinoid present in marijuana and hemp is Cannabidiol (CBD) known for its
multiple therapeutic, nutraceutical applications. More specifically,
Cannabidiol, or CBD, is a compound in industrial hemp that potentially has
significant medical benefits, but does not make people feel "high" and can
actually counter the psychoactivity of THC. 


The reduced psychoactivity of CBD-rich cannabis may make it an appealing
nutraceutical product for individuals seeking anti-inflammatory, anti-pain,
anti-fungal, anti-bacteria and/or anti-spasm effects without disconcerting
lethargy or dysphoria. Because CBD is only sold as a medical marijuana product
in Colorado, people have to be Colorado residents to obtain it.


The process to locate a corporate headquarters for the U.S. subsidiary of
Naturally Splendid has already begun. The Company is fortunate that CFO Chuck
Jenkins is very familiar with operating in the state of Colorado. Mr. Jenkins
states, "Having worked for several years with a Colorado operating company, I
have found the business environment, infrastructure and geographic location to
be quite advantageous as a base for US operations."


About Naturally Splendid Enterprises Ltd.

Naturally Splendid's 100% owned NATERA(TM) line of hemp-based superfood products
are carried nationwide by Canada's leading health food distributors and a
network of retail stores across Canada including major retailers and specialty
stores. Naturally Splendid's 100% owned "NATERA(TM)" line of products includes
natural and flavored shelled hemp seeds as well as natural and flavored hemp
protein powders.


Naturally Splendid has an exclusive sales agreement to market and distribute, in
North America, the full complement of patent pending, plant-based omega products
created by Boreal Technologies. The products include HempOmega(TM) and
H2Omega(TM), as well as the FlaxOmega(TM), CanolaOmega(TM), and ChiaOmega(TM)
plant based omega products. These novel products utilize microencapsulation and
liposome technologies and are available in both a powder format and an aqueous
solution for increased flexibility in ingredient applications and stand-alone
products.


For more information e-mail info@naturallysplendid.com or call 604-559-8051.

On Behalf of the Board of Directors

J. Craig Goodwin, CEO, Director

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements
that are based on assumptions as of the date of this news release. These
statements reflect management's current estimates, beliefs, intentions and
expectations. They are not guarantees of future performance. Naturally Splendid
cautions that all forward looking statements are inherently uncertain and that
actual performance may be affected by a number of material factors, many of
which are beyond Naturally Splendid's control. Such factors include, among other
things: risks and uncertainties relating to Naturally Splendid's ability to
complete proposed private placement financing. Accordingly, actual and future
events, conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the forward looking
information. Except as required under applicable securities legislation,
Naturally Splendid undertakes no obligation to publicly update or revise
forward-looking information.


NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


(i)References: 

http://www.cnn.com/2013/12/28/us/10-things-colorado-recreational-marijuana/ 

http://www.denverpost.com/marijuana/ci_25450052/cbd-marijuana-oil-changing-game

FOR FURTHER INFORMATION PLEASE CONTACT: 
Naturally Splendid Enterprises Ltd.
2435 Beta Avenue
Burnaby, BC, V5C 5N1
(604) 559-8051
(604) 570-0934 (FAX)
info@naturallysplendid.com
www.naturallysplendid.com

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