Naturally Splendid Evaluates Hemp Based Cannabinoid Opportunities
26 Junho 2014 - 9:30AM
Marketwired
Naturally Splendid Evaluates Hemp Based Cannabinoid Opportunities
BURNABY, BRITISH COLUMBIA--(Marketwired - Jun 26, 2014) -
Naturally Splendid Enterprises (the "Company")
(TSX-VENTURE:NSP)(FRANKFURT:50N) is pleased to announce that the
Company is now evaluating multiple opportunities in the
commercialization of industrial hemp and extracted cannabinoids for
the creation of branded nutraceutical products. In addition to the
already established revenue streams from the NATERA™ hemp based
superfood retail line and its developing biotech food division in
partnership with Boreal Technologies, the Company is optimistic
with the multitude of opportunities in the nutraceutical
cannabinoid market.
Naturally Splendid is currently in advanced stage discussions
with Boreal Technologies (Formerly Canadian Medical Hemp) regarding
mutually exclusive licensing of new nutraceutical cannabinoid
technologies. These nutraceutical cannabinoid technologies include
Cannabidiol (CBD) known for its multiple therapeutic applications
without the "stoned" effect of THC found in marijuana.
CEO Craig Goodwin states, "We are developing business strategies
designed to investigate, evaluate and where there is a strong
business case, develop additional products and markets unlocking
all potential revenue opportunities within the industrial hemp
crop. The area of nutraceutical cannabinoids is increasingly
interesting to Naturally Splendid, especially when you consider the
advanced science being developed by our existing business partner
Boreal Technologies. This potential expansion of our relationship
with Boreal to include Naturally Splendid's branded nutraceutical
cannabinoid products legally derived from industrial hemp, will
allow Naturally Splendid to participate more directly in this
nutraceutical market in the United States."
Charlie Brink, Chairman of Boreal Technologies states, "We're
excited to see Naturally Splendid explore the opportunities
available in the nutraceutical cannabinoid market space. We look
forward to progressive dialogue on potential business opportunities
for our companies. What we've discovered is that Cannabis
sativa (industrial hemp) is a wholly misunderstood plant. Our
team has identified compounds within this plant that have great
nutraceutical and nutritional properties. Many of these have
translated into unique ingredients that most people haven't seen
before. We've spent a pain-staking amount of time assembling the
right kind of talent to bring these products to market and execute
our business strategy. There is now an exciting opportunity before
us to be able to take the science and the research that has been
conducted in the laboratory in the past few years and create
products that we can bring to market that will help people and
enhance their lives."
Cannabis Sativa is a species which includes industrial hemp and
marijuana. Cannabis Sativa is used in food, nutraceutical products
as well as medicinal applications. Both plants share many of the
same active chemicals and cannabinoids. A prominent cannabinoid
present in industrial 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.
Naturally Splendid Co-founder Bryan Carson states, "There has
been much in the news recently surrounding the functional,
nutraceutical and pharmaceutical applications of the multiple
cannabinoids prevalent in industrial hemp. Changing legislation in
the United States is most definitely a driving factor in the
increased attention that has been focused on the cannabinoid
opportunities."
About Boreal
Technologies
Boreal Technologies Inc., located on the University of British
Columbia campus in Vancouver, B.C., is a specialized product
solution and service provider with customers in North America and
Asia. Boreal offers a comprehensive range of product development
and analytical testing services to the nutraceutical, agricultural
and consumer product industries. Our patent-pending process
technologies enable companies to bring new; value-added products to
market that are enhanced with scientifically-proven, superior
functional ingredients.
About Naturally
Splendid Enterprises Ltd.
Naturally Splendid's 100% owned NATERA™ 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 recently rebranded "NATERA™" 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™ and H2Omega™, as well as the
FlaxOmega™, CanolaOmega™, and ChiaOmega™ plant based omega
products. These novel products utilize microencapsulation and are
available in both a powder format and an aqueous solution for
increased flexibility in ingredient applications and stand-alone
products.
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 the successful
testing and evaluation H2Omega™ and HempOmega™ by Calico.
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.
Naturally Splendid Enterprises Ltd.J. Craig GoodwinCEO &
Director(604) 559-8051(604)
570-0934info@naturallysplendid.comwww.naturallysplendid.com
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