NutraNomics, Inc. Announces Joint Venture with California Finest Hemp
04 Novembro 2019 - 9:10AM
InvestorsHub NewsWire
NutraNomics,
Inc. Announces Joint Venture with California Finest Hemp
HUNTINGTON BEACH, CA -- November 4, 2019 -- InvestorsHub
NewsWire -- NutraNomics (NNRX) announces a Joint Venture with the
well-known and award-winning California Finest CBD and the
California Finest Group of
Companies.
The arrangement provides for NutraNomics initial contract
purchase with California Finest Hemp Farms, LLC. of premium
genetics and California grown, organic hemp high in CBD content,
below federal limits for THC, and
pesticide-free.
Jonathan Bishop, CEO of NutraNomics, stated: “It is a
natural move for our companies to make. We are an emerging leader
in both nutraceutical development and hemp wholesale. California
Finest is an award-winning company whose products are sought after
around the world.” When asked his thoughts, Scott McPhail, owner of
California Finest Hemp Farms California Finest CBD and California
Finest Companies, responded with a similar statement, “NutraNomics
has unique products with an eye to scientific advancement, and in
our own testing performs on a level that we are happy to be a part
of.”
NutraNomics and California Finest will further expand
their collaboration to add detail and color to the existing
agreement, and to expand to encompass the distribution of
California Finest product lines through European, Canadian, and
South American distribution
channels.
The Joint Venture agreement is a two-part opportunity that
serves both companies. NutraNomics has contracted Scott McPhail,
owner of the California Finest companies to perform agricultural
services to produce California Grown organic hemp for their CBD
products. It is expected the first harvests of their premium
genetics will be in the coming months. Being in California, they
can start sooner and end later than many other regions and will be
in production by late February.
Ensconced in the same agreement, NutraNomics will obtain
shelf space and distribution through the California Finest CBD
Depot shelves and in their supply chain operations. Joint promotion
of product lines and CBD smokable flower from the harvest is
visible on NutraNomics social media channels where much more
content will be provided in the upcoming
months.
SAFE HARBOR STATEMENT
This release may contain certain forward-looking
statements regarding our prospective performance and strategies
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. We intend such forward-looking statements to be covered by
the safe harbor provisions for forward-looking statements contained
in the Private Securities Litigation Reform Act of 1995, and are
including this statement for purposes of said safe harbor
provisions. Forward-looking statements, which are based on certain
assumptions and describe future plans, strategies, and expectations
of our company, are generally identified by the use of words
“anticipate,” “believe,” “estimate,” “expect,”, “intend,” “plan,”
“project,” “seek,” “strive,” “try,” or future or conditional verbs
such as “could,” “may,” “should,” “will,” “would,” or similar
expressions. Our ability to predict results or the actual effects
of our plans or strategies is inherently uncertain. Accordingly,
actual results to differ materially from those in the
forward-looking statements and the trading price for our common
stock may fluctuate significantly. Some of the factors that could
cause our actual results to differ from our expectations or beliefs
include, without limitation, our ability to continue to enhance our
products and systems to address industry changes, our ability to
expand our customer base and retain existing customers, our ability
to effectively compete in our market segment, the lack of public
information on our company, our ability to raise sufficient capital
to fund our business, operations, our ability to continue as a
going concern, and a limited public market for our common stock,
among other risks. Many factors are difficult to predict accurately
and are generally beyond the company’s control. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this release. Except
as required by applicable law or regulation, we undertake no
obligation to update these forward-looking statements to reflect
events or circumstances that occur after the date on which such
statements were made.
Contact:
NutraNomics,
Inc.
866-561-6679
IR@nutranomics.com
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