Naturally Splendid Enterprises Ltd V.NSP.H

RE:big news will follow next weeks

[Aurelian]

nsp, with its huge product range, is on its way to becoming a huge player.


nsp live mkt cap is a joke 1 $ for 2018 no Proble

Aurelian wrote:

Cannabidiol (CBD) Industry Lights Up With Increasing Amount of Uses and Consumer Products 

 

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NEWS PROVIDED BY

Financialnewsmedia.c

 

 

 

A growing number of North American consumers are showing more and more interest in Cannabis Based and CBD infused products which are being greeted by an explosion of new product innovations that can be purchased through many different individual products ranging from healthcare & medical products, pet products, beverage and edibles products and good ole fashion marijuana. According to a new report released recently by the Brightfield Group, the hemp-derived CBD market alone will reach sales of $22 billionby 2022, outpacing cannabis sales, and surging from $591 million in 2018 -- that's a five-year CAGR of 132 percent. In areas across the U.S. and Canada retail outlets are expecting to not be able to keep cannabis based and CBD products on the shelves as CBD can now even be found at massage spas, gyms, and through an growing number of direct sellers. Active cannabis stocks in the markets today include

https://www.prnewswire.com/news-releases/cannabidiol-cbd-industry-lights-up-with-increasing-amount-of-uses-and-consumer-products-839778009.html


 

 

  The proceeds of the Investment will be used to complete the build out of a cannabinoid extraction facility, including a full laboratory at Naturally Splendid’s existing manufacturing and distribution facility located in Pitt Meadows, BC (the “Facility“)

 

 

 

Additionally, the parties have begun drafting a Supply, Manufacturing and Distribution Agreement that will provide Naturally Splendid access to Wahupta’s hemp biomass to meet Naturally Splendid cannabidiol extraction needs as well as provides minimum purchase obligations by Wahupta for cannabidiol (CBD) produced once the Facility is completed and obtains its license. Wahupta intends to private label existing Naturally Splendid products under their own brand as well as distribute CBD fortified products developed by Naturally Splendid once licensing and regulations allow.

 

 

Read more at https://www.stockhouse.com/news/press-releases/2018/10/09/naturally-splendid-receives-investment-commitmentfor-2-000-000-from-wahupta-ven#0JX9PYJszxf8YgvG.99