11:58:14 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Naturally Splendid Enterprises Ltd
Symbol NSP
Shares Issued 204,167,007
Close 2021-03-09 C$ 0.06
Market Cap C$ 12,250,020
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Naturally receives 20-tonne hemp order from South Korea

2021-03-10 10:12 ET - News Release

Mr. Craig Goodwin reports

NATURALLY SPLENDID TO SHIP 20 TONNES OF HEMP TO SOUTH KOREA

Naturally Splendid Enterprises Ltd. has received another purchase order from its roster of clients in South Korea.

This purchase order for another 20 tonnes of hulled hemp seed, represents the fourth shipment to South Korea since March 3, 2020.

With the continuing news and activity surrounding increased consumer demand for plant-based nutrition, it is worth noting that hemp has the most digestible protein of any plant on earth. Therefore, these shipments of hulled hemp seed are well aligned with the company's continued focus on plant-based nutrition.

Company chief executive officer, J. Craig Goodwin, states: "According to the Korea Vegetarian Union (KVU) there are approximately 500,000 strict vegans in the country and about 1.5 million who pursue similar diets. The number of flexitarians, those who follow an increased plant-based diet, is rapidly rising as well. It is estimated that as many as 10 million people, representing approximately 20 per cent of South Korea's total population consider themselves flexitarians. This is further evidence that a diet increasingly focused on plant-based nutrition, continues to gain in popularity with consumers over a broad demographic. Naturally Splendid looks forward to pursuing these developing opportunities."

About Naturally Splendid Enterprises Ltd.

Founded in 2010, Naturally Splendid operates a Safe Quality Food Level 2-certified food manufacturing facility just outside Vancouver, B.C., in Canada. The company has established numerous healthy, functional foods under recognized brands such as Natera Sport, Natera Hemp Foods, CHII, Elevate Me and Woods Wild Bar, and most recently Natera Plant Based Foods, a line of delicious plant-based meat alternatives for the rapidly growing plant-based market segment.

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