04:30:38 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Nutritional High International Inc
Symbol EAT
Shares Issued 251,200,399
Close 2018-01-22 C$ 0.71
Market Cap C$ 178,352,283
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Nutritional High target gets California cannabis permit

2018-01-22 10:47 ET - News Release

Mr. Jim Frazier reports

NUTRITIONAL HIGH ANNOUNCES CALYX RECEIPT OF TEMPORARY ADULT USE DISTRIBUTOR LICENSE

Nutritional High International Inc.'s target, Calyx Brands Inc., has received an adult use -- distributor temporary licence from the California Bureau of Cannabis Control. Nutritional High has entered into an agreement to purchase the business of Calyx. The temporary adult use distributor licence will enable Calyx to distribute cannabis to licensed recreational dispensaries across California.

Jim Frazier, chief executive officer of Nutritional High, commented: "We are excited about this development as it enables Calyx to fully capitalize on growth in the California market brought on by legalization of adult recreational use. We are continuing to work closely with Calyx's management team to finalize the acquisition and support Calyx's expansion efforts in California. Operating a fully licensed distributor with significant experience and know-how in the California market will allow Nutritional High to accelerate market penetration of our branded portfolio of cannabis-infused products."

About Nutritional High International Inc.

Nutritional High is focused on developing, manufacturing and distributing premium and consistently dosed products in the cannabis-infused-product industry, including edibles and oil extracts for nutritional, medical and adult recreational use. The company works exclusively through licensed facilities in jurisdictions where such activity is permitted and regulated by state law.

We seek Safe Harbor.

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