Mr. J. Craig Goodwin reports

NATURALLY SPLENDID ADJUSTS US-STRATEGY BY FOCUSING ON MEDROPHARM PRODUCTS AND ANNOUNCES MANAGEMENT CHANGES

After careful consideration, Naturally Splendid Enterprises Ltd. has revised its strategy to penetrate the expanding cannabidiol (CBD) market in the United States.

Naturally Splendid chief executive officer, Craig Goodwin, reported: "After securing the exclusive North American rights for Medropharm's food-grade hemp powder with cannabidiol (CBD) and their co-operation in developing additional CBD-based products for Naturally Splendid to distribute, it became clearer in the last couple of months that there is really no need to invest into our own U.S. facility. In fact, the CBD production is far more cost-effective to have Medropharm manufacture the products for Naturally Splendid, making this solution the best option. We are extremely confident that the product development expertise and production capacity of Medropharm will meet demand in the fast-growing CBD market in the United States. Furthermore, we are looking forward to expand the product offerings from Medropharm, in addition to the food-grade hemp product with cannabidiol expression, supercritical carbon dioxide oil in purified and unpurified versions, as well as a number of different high-quality products."

Naturally Splendid will obtain all required legal opinions and Toronto Stock Exchange approval prior to commercializing the new products.

Having re-evaluated its business strategy for developing opportunities in the United States, which includes the marketing of cannabidiol, the company has accepted the resignation of David Racz as president and a director of Naturally Splendid USA Ltd. Naturally Splendid wishes to thank Mr. Racz for his services in these positions. The management consulting agreement with David Racz was terminated accordingly, but he will continue to remain a director of Naturally Splendid, as well as a director and chairman of POS BPC Manufacturing Corp. Mr. Racz will now be able to focus his attention on developing opportunities at the recently acquired POS BPC facility.

Replacing Mr. Racz is Dennis Colon. Mr. Colon has been a full-time consultant to Naturally Splendid since April, 2015, when he transitioned from Boreal Technologies Inc. to Naturally Splendid. Mr. Colon has over 20 years of professional business experience, including overseeing the research and development and product development of cannabis sativa extracts, including the development of HempOmega.

Naturally Splendid vice-president of operations, Bryan Carson, stated: "We have had the pleasure of working with Dennis for the past two years. We have found his work to be of the highest levels and look forward to working with Dennis in this new role."

We seek Safe Harbor.