09:58:16 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Naturally Splendid Enterprises Ltd
Symbol NSP
Shares Issued 204,167,007
Close 2021-03-30 C$ 0.065
Market Cap C$ 13,270,855
Recent Sedar Documents

Naturally receives purchase order from Korean clients

2021-03-30 10:55 ET - News Release

Mr. Craig Goodwin reports

NATURALLY SPLENDID PREPARES ANOTHER CONTAINER OF HEMP FOR SOUTH KOREA

Naturally Splendid Enterprises Ltd. has received a purchase order for another container of hulled hemp seed from its roster of clients in South Korea.

This purchase order represents the fifth container shipment to South Korea since March, 2020, with the frequency of purchase orders increasing of late.

Naturally Splendid was one of the early movers in the hemp opportunity in South Korea, going back as far as 2016. The relationships forged at that time are paying dividends now with increased orders for hulled hemp seed. These established relationships provide an opportunity to present additional plant-based products for their consideration as well.

Naturally Splendid has been focused on plant-based nutrition from the onset, with the company's first retail products being hemp-related. The company continues to offer retail hemp products under the Chii and Natera brands. As noted in earlier news releases, hemp has the most digestible protein of any plant on Earth, thus fitting perfectly with the company's continuing plant-based initiatives.

The company's acquisition of Prosnack Natural Foods and subsequent buildout of its safe quality food manufacturing facility in Pitt Meadows, B.C., in 2017 provided the foundation to manufacture plant-based bars and bites. Since that time, the company has produced its own branded plant-based lines of bars and bites, and has been a contract manufacturer for these types of products for multiple clients.

The company is now pursuing its most significant plant-based opportunity to date, Natera Plant-Based Foods. Natera Plant-Based Foods has over 40 commercially ready plant-based entrees, with 10 of these offerings currently available on-line. Additional entrees will be added to the company's offerings in a timely manner.

Naturally Splendid chief executive officer Craig Goodwin states: "The personal health benefits, as well as the sustainability and environmental benefits of plant-based foods, are clearly evident and irrefutable, and consumers are gravitating towards these products for these reasons and many more. We made the strategic decision years ago to focus on nutritional plant-based products and now that consumer demand has never been greater, we are positioned better than ever with a facility that can be adapted to produce a wide range of plant-based products. We look forward to continuing providing tasty and nutritious plant-based products for this rapidly increasing market."

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.

The company has a myriad of new products and line extensions under development that are approaching launch. Naturally Splendid, through its joint venture Plasm Pharmaceutical, has been approved for conducting a phase 2 clinical trial approved by Health Canada for treatment of COVID-19.

Naturally Splendid has also developed proprietary technologies for the extraction of high-demand, healthy omega 3 and 6 oils from hemp.

Naturally Splendid contract manufactures for healthy, functional food products and ingredients focusing on plant-based ingredients. The company provides contract manufacturing services for many healthy food companies, private labelling a wide variety of nutritional food products destined for global healthy food markets.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.