Naturally Splendid Enterprises Ltd V.NSP.H

Alternate Symbol(s): NSPDF

Naturally Splendid Enterprises Ltd. is a Canada-based company, which develops and distributes healthy lifestyle foods and products. The Company owns Prosnack Natural Foods Inc. (Prosnack Natural Foods), a food manufacturing facility. Prosnack Natural Foods focusses on nutritional bars, Chii Naturally Pure Hemp, which is a retail line of hemp food products, while Pawsitive FX is a line of all natural balms for dogs. The Company has also developed technologies for the extraction of healthy omega three and six oils, as well as a protein concentrate from hemp. It focuses on manufacturing and distributing an extensive line of plant-based, meat-alternative entrees. It offers functional foods under brands, such as Natera Sport, Natera Hemp Foods, CHII and Elevate Me.

TSXV:NSP.H - Post by User

Naturally Splendid Enterprises Ltd

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Comment by Xstorm2on Apr 01, 2020 10:36am

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Post# 30867991

RE:RE:Naturally Splendid to Launch Products on Amazon

"According to IRI, to succeed in this rapidly changing landscape, snack companies must act now in order to capitalize on potential growth."

I'm happy to see them front and center during this Pandemic, almost like they needed a push to finally see who they are.

I am glad they have finally disclosed the license news. Trumponomic's was the wrong way to deal with it. I jope the time, money and resources allocated to this multi year witch hunt did not impact our ability as a going concern.

As I stated in the past. Just buy and or partner with a company that has it. Done. "If the day comes they pursue this strategy again"

broke wrote: Good choice!

Streamline the company based on manufacturing profitable product lines; make it easier to purchase globally with Amazon; get rid of the heavily regulated pie in the sky cannabinoid extraction and edibles; and make money!!. That is what it is all about.

Focus, Direction, and Scale = $Dollars$

Good move...

"Suspending All Cannabinoid Extraction and Edible Projects

Naturally Splendid has made the decision to suspend all cannabinoid extraction and/or edible based projects indefinitely. The Company will focus on manufacturing nutritious bars and bites where there is immediate and long-term consumer demand.

The Company has been developing our bars and bites manufacturing capability since the acquisition of Prosnack in 2017., More recently, the Prosnack manufacturing facility was certified Safe Quality Food Level 2. Prosnack continues to drive the majority of revenue to the Company.

Naturally Splendid CEO Mr. J. Craig Goodwin states, "Previously, in an attempt to enter the edibles market, the Company had applied for a Dealer's License which was amended to a Processor's License application. Ultimately this application has not been successful. The Company had also pursued a variety of extraction and edible related business propositions including acquiring a late stage application extraction-based company in Ontario, Canada, and a cannabinoid extraction joint venture in Oregon, USA. These projects have already been terminated and announced accordingly. Given the world changing events we find ourselves in, the Company has made the decisive move to dedicate our efforts towards the need for providing safe nutritious food."