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Naturally Splendid Enterprises Ltd
Symbol NSP
Shares Issued 55,967,293
Close 2015-09-25 C$ 0.23
Market Cap C$ 12,872,477
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ORIGINAL: Custom Hemp Protein Blend Created by Naturally Splendid Receives Approval From Health Canada

2015-09-28 08:50 ET - News Release

(via Thenewswire.ca)



VANCOUVER, BRITISH COLUMBIA/ TheNewswire / September 28, 2015 - Naturally Splendid Enterprises Ltd. (the "Company") (FRANKFURT:50N) (TSX VENTURE:NSP) (OTC:NSPDF) is pleased to announce that the custom formulated, tropical flavoured hemp protein blend created by Naturally Splendid for Laguna Blends, has received approval from Health Canada. This hemp protein blend marketed by Laguna Blends under the trade name PRO369 Tropical Powder, was granted a product license along with a Natural Product Number by The Minister of Health On September 22, 2015.

In order to obtain authorization to legally sell as a natural health product in Canada, a product license application must be submitted to Health Canada. To obtain a license to sell a natural health product, applicants must give detailed information about the product to Health Canada, including: medicinal ingredients, source material, dosages, potency, non-medicinal ingredients and recommended use(s).

The safety and efficacy of natural health products and their health claims must be supported by in-depth, scientific evidence so that consumers and Health Canada know the products are indeed safe and effective and to ensure benefits outweigh risks. Once Health Canada has assessed a product and deemed it to be safe, effective and of high quality, they will then issue a product license along with an eight-digit Natural Product Number (NPN).

This is a great step forward for us at Laguna" reports Stuart Gray, CEO of Laguna Blends Inc. "Having our first approved product by Health Canada gives us the confidence and knowledge to go out and pursue additional products with Naturally Splendid. I'm excited to see how well this product sells through our distribution network of affiliate distributors in the USA and Canada."

On April 8, 2015, Naturally Splendid announced the signing of a definitive development and manufacturing agreement with Laguna Blends who then placed an initial Purchase Order of $100,000.00 CDN for HempOmega(TM) Infused Hemp Protein Formulations.

Stuart Gray, President, CEO and Director of Laguna Blends states, "We would like to thank Naturally Splendid for the research and development of the initial products. Our market research indicates a strong pull for high quality, plant based omega and protein products. In this area, Naturally Splendid has proven to us that they are leaders in the industry".

Laguna anticipates ordering a further $1,500,000 of the HempOmega(TM) Infused Protein Products in the first year of the Agreement and $4,500,000 of the HempOmega(TM) Infused Hemp Protein Products in the second year of the Agreement.

Naturally Splendid CEO Craig Goodwin states, "We believe the success we have had with Laguna Blends will attract additional clients interested in utilizing our technologies and ingredients in a wide range of applications. Our technologies and ingredients are applicable to a wide range of markets including human, pet and livestock". Products developed can be for oral consumption or as topicals. Naturally Splendid retains all of its rights to HempOmega(TM) and will continue to cultivate additional clients for this ingredient".

Recently, Naturally Splendid attended the Canadian Health Food Association (CHFA) Expo East, September 19-20, where the NATERA(R) hemp retail line, as well as the full range of bio-active, plant based ingredients offered by Naturally Splendid's wholly owned division BC Ingredients, were featured.

Naturally Splendid VP of Operations, Bryan Carson reports, "We experienced significant interest in both the NATERA(R) retail line and our plant-based ingredient offerings through BC Ingredients while participating at the CHFA Expo East tradeshow. In fact, since our successful product development for Laguna Blends incorporating our HempOmega(TM), we have seen an influx of inquiries. This positive response was further reinforced with the reception of our technologies and ingredient offerings at the CHFA, Expo East. We look forward to securing additional clients to develop custom formulations using our patented omega technologies and premium plant-based ingredients".


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 four innovative divisions: (1) Natera(R) brand of retail hemp superfood products currently distributed throughout North America; (2) PawsitiveFX(TM) brand of pet care products; (3) BCI Division of plant-derived bulk ingredients including patent-pending HempOmega(TM); and (4) hemp-based cannabinoid pharmaceuticals and nutraceuticals. The Company's advanced technologies, industry expertise, and strategic partners allow for the creation of customized solutions with a consistent focus on quality and sustainability.

About Laguna Blends Inc.
The Company's business is focused on the nutritional health benefits derived from hemp. The Company is a network marketing direct sales company that intends to generate retail sales through independent affiliates. The Company's affiliates utilize tools and technology that enable them to build an international business from their own home or while travelling.

The first products to be launched by the Company are expected to be functional beverages that provide high levels of protein and/or nutrition. The Company's products are made from high quality hemp protein. Some of the Company's current products are hemp coffee - coffee beverages that contain both whey and hemp protein. In addition, the Company plans to market a variety of unique single serving "on-the-go" hemp protein mixes with various flavors. The hemp proteins are water soluble and can be directly mixed in water or added to milk, almond milk or coconut milk. In addition, the hemp protein can be blended in a shake with fruit. The Company also plans to offer other product categories in the future. The Company intends to sell its products through its independent affiliates in the USA and Canada and anticipates launching its business in the Fall of 2015.

For more information e-mail info@naturallysplendid.com or call 604-673-9573

On Behalf of the Board of Directors


J. Craig Goodwin

CEO, Director

Contact Information

Naturally Splendid Enterprises Ltd.

(NSP - TSX Venture; NSPDF - OTCQB; 50N Frankfurt)

2435 Beta Avenue
Burnaby, BC, V5C 5N1

Phone: (604) 570-0902

Fax: (604) 570-0934

E-mail: info@naturallysplendid.com

Website: www.naturallysplendid.com

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. T here is no guarantee that the Company's plans will be found to be commercially viable, POS will be successful in developing new plant based omega products; the costs to develop these products will not be higher than anticipated; the Company's ability to compete with large food and beverage companies; sales of any potential products developed will be profitable; 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.

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