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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

Post by dontknowmuchon Oct 08, 2020 12:21pm
211 Views
Post# 31687113

New Video with CEO: Our Focus on Plant-based Nutrition

New Video with CEO: Our Focus on Plant-based Nutrition
 
Naturally Splendid CEO: Our Focus on Plant-based Nutrition is Our Competitive Advantage
 
Naturally Splendid (TSXV:NSP; OTCQB:NSPDF; FSE:50N) CEO Craig J. Goodwin says the global shift towards plant-based foods makes his company and investors well-positioned for long term success.

For over a decade, Naturally Splendid has been involved in the development of #plantbased products with a particular focus on the #hemp plant. "The journey that we started a decade ago, was, in fact, the right path. We see all the right trends and all the right market indicators to keep on this path," said Goodwin.

As part of this strategy, Naturally Splendid recently partnered with one of Australia’s most popular plant-based manufacturers, BettaLife Global Food Solutions, to arrange for sale and distribution of the company's plant-based products in North America. Naturally Splendid intends to market the BettaLife product line under its NATERA™ brand. According to Goodwin, Naturally Splendid's aim is to leverage BettaLife's manufacturing experience and processes in order to establish similar facilities in its target market.

"North America is the world's largest plant-based protein market in the world. Our friends in Australia are strategic partners and very experienced operators. We have the advantage of being able to duplicate what has been successful for them in their manufacturing facility so that we can be miles ahead by leveraging a well-established blueprint," said Goodwin. "Afterwards, our speed to market and the variety that we will be able to produce out of our own facility will give us a competitive advantage."

The growing trend towards plant-based foods has largely focused on replacing beef, specifically the beef found in burger patties. According to Goodwin, Naturally Splendid intends to continue to develop a variety of offerings that are designed to cater to consumers of all dietary preferences, including those that simply wish to make healthier diet choices.

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Living in the sunshine
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