Naturally Splendid Provides Update On Clearstream Cannabis Related Securities List
05 9월 2018 - 6:00PM
Naturally Splendid Enterprises Ltd. ("Naturally
Splendid", “NSE” or “the Company”) (FRANKFURT:50N) (TSX-V:NSP)
(OTC:NSPDF) announces it has reached out to Clearstream Banking AG
(“Clearstream”) to request that they remove NSE from Clearstream’s
restricted cannabis related securities list.
Clearstream previously announced that, effective
September 28, 2018, they would no longer be settling and
safekeeping securities whose main business is connected directly or
indirectly to cannabis and other narcotics products.
Naturally Splendid’s current business activities
are limited to hemp-based food and health products for people and
pets. Naturally Splendid does not deal in marijuana or marijuana
related products. Industrial hemp products are currently permitted
in Canada pursuant to the Industrial Hemp Regulations (Canada).
Although Naturally Splendid is exploring the development and
distribution of cannabinoid (CBD) based products, it is limiting
its activities in this area only in those jurisdictions where such
products are legally permitted. Naturally Splendid is not in the
business of producing, distributing, or dealing with high THC
(above 0.3% in Canada) products, either for medicinal or
recreational purposes.
As such, Naturally Splendid has requested that
Clearstream remove NSE from its list of restricted cannabis related
securities. This follows after the European Industrial Hemp
Association (EIHA) has independently reached out to Clearstream
similarly requesting that Naturally Splendid, along with four other
industrial hemp companies, be removed from Clearstream’s restricted
list.
Naturally Splendid CEO and Director Douglas
Mason states, "We immensely value our German and European
shareholders that have been affected by the Clearstream decision to
delist cannabis related securities, and we are taking every
possible step to address this issue. NSE will provide further
updates as they develop."
About Naturally Splendid Enterprises
Ltd.
Naturally Splendid is a biotechnology and
consumer products 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 cannabinoid compounds in a broad spectrum of applications.
Naturally Splendid currently has four innovative divisions:
(1) BIOTECHNOLOGY – Focused on three
major platforms:
- Proprietary HempOmega™ encapsulation
- Extraction and formulation with Cannabidiol (CBD)
- Hemp and plant-based proteins
(2) CONSUMER PRODUCTS
- NATERA® - brand of retail hemp and superfood
products distributed throughout North America, Asia and
Europe.
- NATERA® Sport™- brand of
plant-based performance focused products.
- NATERA® FX™ - a practitioner focused
line of health & wellness products.
- The Bar Makers (Prosnack Natural Foods Inc.)
makers of (Elevate Me™) - lifestyle brand of healthy meal
replacement products distributed throughout North America.
- Chi Hemp Industries Inc. (CHII) - e-commerce
platform for natural and organic hemp products.
- PawsitiveFX® - pet care and food
products.
- NATERA®CBD - retail hemp-based cannabinoid
nutraceutical and cosmeceutical products distributed in Asia.
- NATERA®Skincare - brand of retail hemp based
cosmeceutical products.
(3) NATERA® Ingredients - bulk ingredients
including HempOmega™.
- Naturally Splendid Hemp Processors Ltd. - is a
science-based, industrial hemp seed processing business located in
Abbotsford, BC. Listed as the only strictly organic hemp seed
processor in North America.
(4) Co-Packaging/Toll-Processing - packaging
for house-brands (NATERA®,CHII™ and Elevate Me™ ) and third-party
partners.
For more information e-mail info@naturallysplendid.com or call
Investor Relations at 604-673-9573
On Behalf of the Board of DirectorsMr. Douglas Mason CEO,
Director
Contact Information
Naturally Splendid Enterprises Ltd.(NSP – TSX Venture; NSPDF –
OTCQB; 50N Frankfurt)#108-19100 Airport Way Pitt Meadows, BC, V3Y
0E2 Office: (604) 465-0548 Fax:
(604) 465-1128E-mail: info@naturallysplendid.comWebsite:
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 including, Naturally Splendid's ability to
compete with large food and beverage companies; sales of any
potential products developed will be profitable; sales of shelled
hemp seed will continue at existing rates or increase; the ability
to complete the sales of all bulk hemp seed purchase orders; 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.
Naturally Splendid Enter... (TSXV:NSP)
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