Naturally Splendid Expands CBD Product Line For Launch in Japan
February 22 2017 - 6:00AM
Naturally Splendid Enterprises Ltd. ("Naturally
Splendid") (FRANKFURT:50N) (TSX-V:NSP) (OTC:NSPDF) is pleased to
announce we will be presenting an expanded line of CBD formulated
products at FOODEX JAPAN 2017 from March 7-10 in addition to the
line of CBD formulated capsules announced in a previous news
release.
Naturally Splendid is pleased to announce its wholly owned U.S.
subsidiary has signed an exclusive sales agreement with a leading
CBD manufacturer for a complete suite of CBD formulated products.
The products include; three (3) nanomist oral sprays for pain
discomfort, brain cognisance and anti-anxiety; three (3)
nano-formulated CBD topicals for localized pain and stress relief;
two (2) CBD 2 oz shots, one for energy, one for sleep; and a CBD /
herbal blend formulated capsule for pain relief.
The exclusive sales agreement is for a term of three (3) years,
provided Naturally Splendid reaches certain cumulative sales
volumes, and covers Japan as well as additional countries. The
additional countries will be announced on a timely basis as the
strategic marketing plan is implemented to cover these multiple
territories.
In total, Naturally Splendid will be launching nine (9) CBD
formulated SKUs under this agreement and four (4) CBD formulated
SKU’s including one energy gum product from a previous announced
exclusive sales agreement. This represents a total of
fourteen (14) new SKUs to be launched at FOODEX JAPAN.
Naturally Splendid President Mr. J. Craig Goodwin states, “We
are most pleased to be able to complete these two exclusive sales
agreements, which combined represent a comprehensive CBD formulated
line of products. Japan will be our initial target. However, our
exclusive sales agreements cover multiple countries and we will be
systematically launching this CBD product line in countries that
have already been identified. We will continue to source additional
CBD formulated products to augment the CBD products which we now
offer.”
Naturally Splendid CEO Dave Eto States, “This now provides our
new product line NATERA® CBD with versatility in marketing and also
allows us to be nimble when approaching new customers. We see this
as a positive step towards internationally branding our entire
NATERA® division, which includes; NATERA® INGREDIENTS, NATERA®
HEMPFOODS, NATERA® SKINCARE and NATERA® CBD. I look forward to
providing updates on our integration of this branding strategy and
to provide updates from our trip to FOODEX JAPAN.”
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.
All CBD products will be sold only in jurisdictions that legally
permit the purchase and sale of such products.
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 EtoCEO, 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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