Naturally Splendid to Present CBD Product Line in Japan
February 21 2017 - 3:30AM
Naturally Splendid Enterprises Ltd. ("Naturally
Splendid") (FRANKFURT:50N)(TSX VENTURE:NSP)(OTC:NSPDF) is pleased
to announce we will be presenting at FOODEX JAPAN 2017 from March
7-10. FOODEX JAPAN is the largest annual food and beverage
tradeshow in Asia and has been a highly successful trade event
since its debut in 1976 serving Japan’s $585 billion food market
and additional significant Asian markets. Over 76,500
professional visitors attended FOODEX 2016, including over 9,000
from Korea, Taiwan, China, Thailand, and Hong Kong.
Naturally Splendid will be presenting a wide
range of products at FOODEX JAPAN, including; debuting their new
division; NATERA ® CBD.
-NATERA® CBD (Cannabidiol) - featuring a product
line of capsules formulated with CBD.The capsules are 15 or 25 mg
of Full Spectrum Hemp Extract with NO-THC and are manufactured
using a BioAvailable Proprietary Formulation for Full & Fast
Absorption.
-NATERA® HEMP FOODS - retail division which
includes; seeds, proteins and oils-NATERA® INGREDIENTS - bulk
division which also includes HempOmega™ Naturally Splendid
President Mr. J. Craig Goodwin states, “We have been working
diligently in developing a solid business strategy for CBD based
products. The regulatory environment regarding CBD products
continues to evolve, creating opportunities for Naturally Splendid
in the region. For our initial CBD product, the Company has
negotiated an exclusive sales agreement for Japan with an
established manufacturer of exceptional quality CBD capsules. We
are currently evaluating and finalizing several other CBD related
products, some of which may be included in the debut of NATERA ®
CBD in Japan”.
Naturally Splendid CEO Mr. Dave Eto states, “As
part of our Strategic Plan, we have restructured our branding under
the NATERA™ banner; thus, we will build a stronger presence in
various multiple geographical territories. I am particularly
encouraged with our new division NATERA® CBD and the emerging
opportunities it brings. I will personally be attending JAPAN
TRADEX with Craig Goodwin and we will be investigating multiple
opportunities for NATERA® CBD and HempOmega™.”
Naturally Splendid will be presenting with Eat
Real Snack Foods at JAPAN FOODEX who are participating as Canadian
Delegates in the Canadian Pavilion. Naturally Splendid recently
completed an acquisition of a comprehensive state-of–the-art
packaging line from Eat Real Snack Foods and continues to develop
business opportunities between the Companies. JAPAN FOODEX is
indicative of the potential synergies between the
companies.According to Agriculture and Agri Food Canada;
- Japanese packaged food sales were valued at US$158 billion in
2015, and are anticipated to reach US$164.2 billion by 2020.
- Japanese consumers are renowned for placing enormous
importance on consuming food that is both safe and of
high-quality, and they perceive Canada as a country that produces
food with these characteristics. Japan is a trendsetter in many
areas, and it can be a very useful gateway to other markets within
Asia.
Stock Options Granted
Naturally Splendid has granted 60,000 stock
options to a consultant. The options were granted for a
period of five (5) years, expiring on February 13, 2022. The stock
options will vest over two years and each stock option will allow
the holder to purchase a common share of Naturally Splendid at an
exercise price of $0.35.
About Naturally Splendid Enterprises
Ltd.
Naturally Splendid is a multifaceted
biotechnology company that is developing, producing,
commercializing, and licensing an entirely new generation of
plant-derived, bioactive ingredients, nutrient dense foods, and
related products. Naturally Splendid is building an expanding
portfolio of patents (issued and pending) and proprietary
intellectual property focused on the commercial uses of industrial
hemp and non-psychoactive cannabinoid compounds in a broad spectrum
of applications.
Naturally Splendid currently has six innovative
divisions: (1) Natera® brand of retail hemp superfood products
currently distributed throughout North America and Asia; (2) Chi
Hemp Industries Incorporated (Chii) is selling natural and organic
hemp products through e-commerce (3) PawsitiveFX® brand of pet care
products; (4) Simpli Plant-Based Ingredients Division of
plant-derived bulk ingredients including patent-pending HempOmega®;
(5) The 12,000-square-foot POS / BPC Facility - which is managed
for Naturally Splendid by POS Bio-Sciences - is positioned to offer
commercial-scale custom processing solutions for biological
materials, such as functional foods and natural health ingredients
to a wide range of clients (6) hemp-based cannabinoid
nutraceuticals. Naturally Splendid's advanced technologies,
industry expertise, and strategic partners allow for the creation
of customized solutions with a consistent focus on quality and
sustainability.
For more information e-mail
info@naturallysplendid.com or call Investor Relations at
604-673-9573.
On Behalf of the Board of Directors Mr. Dave Eto 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 including, the Naturally Splendid's ability to
compete with large food and beverage companies; sales of any
potential products developed will be profitable; sales of shelled
hemp seed will continue at existing rates or increase; the ability
to complete the sales of all bulk hemp seed purchase orders; and
the risk that any of the potential applications may not receive all
required regulatory or legal approval. 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.
Contact Information
Naturally Splendid Enterprises Ltd.
(NSP – TSX Venture; NSPDF – OTCQB; 50N Frankfurt)
#108-19100 Airport Way, Pitt Meadows, BC V3Y 0E2
Office: (604) 465-0548
Fax: (604) 465-1128
E-mail: info@naturallysplendid.com
Website: www.naturallysplendid.com
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