VANCOUVER, British Columbia, Feb. 21, 2017 (GLOBE NEWSWIRE) -- 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
