GlobeNewswire
Nutritional High International Inc. (the "Company" or "Nutritional High") (CSE:EAT) (OTCQB:SPLIF) (FRANKFURT:2NU) is pleased to announce that Weedmaps, the world's first marijuana technology and media brand and the most comprehensive marijuana directory on the planet will be featuring the Company's FLI brand as one of the top brands of cannabis oil vapes in the State of Colorado. Currently, FLI-branded products are being manufactured and distributed in Colorado by Palo Verde LLC ("Palo Verde"), the tenant at the Company's Pueblo, Colorado facility. Palo Verde has been manufacturing FLI-branded vape cartridges, syringes and chocolates, and has recently launched "Dab" products, which contain 1,000 mg jars of cannabis oil distillate. FLI "Dab" products are targeted towards the cannabis concentrate "aficionado" who prefers to consume oil by "dabbing."
Jim Frazier, CEO of the Company, commented: "We are very proud that the FLI-branded vape products manufactured by Palo Verde will be featured as one of the top 5 vape products in the vape and edibles categories for the State of Colorado less than 6 months after Palo Verde started utilizing our proprietary processes to extract and refine cannabis oil. And we, along with Palo Verde, are proud to be in collaboration with a premier marijuana company such as Weedmaps. The Weedmaps website and application enable marijuana users to easily find products by pinpointing the user's location and providing the corresponding closest dispensaries carrying FLI-branded products."
Mr. Frazer continued: "We intend to progressively introduce our FLI-branded products into California, Oregon, Washington, Canada and other jurisdictions as permitted by state law. We believe that our collaboration with Weedmaps will be a key ingredient to the brand's inevitable expansion and success."
Each FLI product line and SKU is featured on Weedmaps so users can easily view the variety of premium products associated with the brand. Being one of the top featured brands in the State of Colorado will help with FLI's algorithm ranking so each branded product has a higher chance of being viewed and ultimately purchased.
Nutritional High's Packaging Arrangement with Palo Verde
Palo Verde is a Colorado state-licensed marijuana infused products manufacturer. Nutritional High, through its subsidiary, currently provides FLI-branded packaging for use with Palo Verde's products on a royalty-free basis. FLI-branded packaging provided to date, while not yet invoiced, was provided to Palo Verde for the cost of packaging. Nutritional High and Palo Verde are in discussions to finalize a formal packaging agreement for the continued provision of FLI-branded packaging.
About Nutritional High International Inc.
Nutritional High is focused on developing, manufacturing and distributing premium and consistently dosed products in the cannabis-infused products industry, including edibles and oil extracts for nutritional, medical and adult recreational use. The Company works exclusively through licensed facilities in jurisdictions where such activity is permitted and regulated by state law.
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.
For further information, please contact:
David Posner, Chairman 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 may contain 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.
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.
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