Nutritional High International Inc. (the “
Company”
or “
Nutritional High”) (CSE:EAT) (OTCQB:SPLIF)
(FRANKFURT:2NU) is pleased to provide an update on its previously
announced partnership with NeutriSci International Inc.
("
NeutriSci") (TSX-V:NU) (OTCQB:NRXCF)
(FRANKFURT:1N9) (see press release dated May 30th, 2018).
As of July 11th, 2018, NeutriSci and Nutritional
High will commence the production process of its newly developed
chewable, sublingual THC product (“Nu Energy
Tablets”) for sale and distribution in the state of
California. The Nu Energy Tablets will be produced at the Company’s
Pasa Verde manufacturing facility, located in Sacramento,
California. Delivery of the first purchase orders is on track and
set to begin in Q3 of 2018. Initial distribution will begin in
approximately 400 dispensaries across the state.
The recreational use cannabis market in
California is expected to exceed $5 billion in 2019. By
comparison, beer sales in California hit $5 billion in 2018,
according to industry research group IBIS World.
Jim Frazier, CEO of Nutritional High commented:
“We are pleased to announce this milestone in our working
relationship with NeutriSci and look forward to rolling out the
distribution of the product across California. As a Company, we
strive to provide our customers with unique best-in-class cannabis
products, and this signifies the continuance of that strategy.”
NeutriSci’s CEO, Glen Rehman stated, “We are
very pleased to announce that the manufacturing of the new
sublingual melts using NeutriSci’s patent pending CRYOLISATION™
technology will begin July 11, 2018. This signifies a major
step forward in gaining a strong foot-hold in the California market
for both companies. Our partnership with Nutritional High has
secured distribution for our ground-breaking product in
dispensaries across the state of California. We are excited
to bring our product to the California marketplace!”
About Nutritional High International
Inc.
Nutritional High is focused on developing,
manufacturing and distributing products under recognized brands in
the cannabis products industry, with a specific focus on edibles
and oil extracts for medical and adult recreational use. The
Company works exclusively through licensed facilities in
jurisdictions where such activity is permitted and regulated by
state law.
The Company follows a vertically integrated
model with a fully developed strategy for acquisitions in
extraction, production, sales, and distribution sectors of the
cannabis industry. Nutritional High has brought its flagship FLÏ™
edibles and extracts product line from production to market in
California through its wholly owned distributor Calyx Brands Inc.,
and Colorado where its products are manufactured by a licensed
producer. The Company also owns a 50% interest in The Clinic
Effingham (an Illinois dispensary), and is entering the Nevada,
Washington State, Oregon and Canadian markets in the near
future.
For updates on the Company's activities and
highlights of the Company's press releases and other media
coverage, please follow Nutritional High on Facebook, Twitter,
Instagram and Google+ or visit www.nutritionalhigh.com.
About NeutriSci International
Inc.
NeutriSci specializes in the innovation,
production and formulation of nutraceutical products. Established
in 2009, NeutriSci is building sustainable sales models with
Convenience, Chain Drug, and Mass Market and Supermarket retailers
for neuenergy®, the Company’s natural energy and focus supplement
that has at its core, the beneficial effects of
blueberries.
Neuenergy® contains a unique patented
combination of blueberries (pterostilbene) and naturally derived
caffeine and is a revolutionary energy tab designed to deliver
enhanced focus and mental clarity with no sugar, no calories and no
crash associated with typical energy products. To find out more
about neuenergy®, please visit www.getneuenergy.com.
For more information, please visit:
www.neutrisci.com.
For further information, please
contact:
David PosnerChairman of the
Board Nutritional High International Inc. 647-985-6727
Email: dposner@nutritionalhigh.com
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR OTC
MARKETS GROUP INC., NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE
REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
THIS RELEASE.
This news release contains forward-looking
statements and information based on current expectations. These
statements should not be read as guarantees of future performance
or results. Such statements involve known and unknown risks,
uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from those
implied by such statements. Such statements include submission of
the relevant documentation within the required timeframe and to the
satisfaction of the relevant regulators, completing the acquisition
of the applicable real estate and raising sufficient financing to
complete the Company’s business strategy. There is no certainty
that any of these events will occur. Although such statements are
based on management’s reasonable assumptions, there can be no
assurance that such assumptions will prove to be correct. We assume
no responsibility to update or revise them to reflect new events or
circumstances. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as
“plans”, “expects” or “does not expect”, “is expected”, “budget”,
”scheduled”, “estimated”, “forecasts”, “intends”, “anticipates” or
“does not anticipate:, “believes”, “may have implications” or
variations of such words and phrases or statements that certain
actions, events or results “may”, “could”, “would”, “might”, or
“will be taken”, “occur”, or “be achieved”.
Company's securities have not been registered
under the U.S. Securities Act of 1933, as amended (the "U.S.
Securities Act"), or applicable state securities laws, and may not
be offered or sold to, or for the account or benefit of, persons in
the United States or "U.S. Persons", as such term is defined in
Regulation S under the U.S. Securities Act, absent registration, or
an applicable exemption from such registration requirements. This
press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the
securities in the United States or any jurisdiction in which such
offer, solicitation or sale would be unlawful.
Additionally, there are known and unknown risk
factors which could cause the Company's actual results,
performance, or achievements to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking information contained herein. All
forward-looking information herein is qualified in its entirety by
this cautionary statement, and the Company disclaims any obligation
to revise or update any such forward-looking information or to
publicly announce the result of any revisions to any of the
forward-looking information contained herein to reflect future
results, events or developments, except as required by law.
NeutriSci (TSXV:NU)
과거 데이터 주식 차트
부터 10월(10) 2024 으로 11월(11) 2024
NeutriSci (TSXV:NU)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024