Naturally Splendid Enterprises (TSX: V.NSP, Forum) celebrated today when the company announced that its all-natural pet care line, PawsitiveFX™ had locked down a new retail relationship, through its western Canadian distributor, Anipet Animal Supplies with The Bone & Biscuit Company.
According to the news release, The Bone & Biscuit Company snapped up orders for PawsitiveFX™ at Anipet’s dedicated buyer show at the top of the month. The event was extremely successful as upwards of fifteen stores ordered NSP’s PawsitiveFX™ products before Bone & Biscuit even had a look at the offering.
The release went on to note that Bone & Biscuit had an aggressive mandate to open 5-10 new stores every year from the eighteen outlets it currently has (soon to be 21).
Bone & Biscuit CEO and Founder, Lee Drescher, commented on the deal, “Our customers come to us because of our reputation for supplying high quality natural products. The PawsitiveFXTM line fits perfectly within our offering and allows us to provide customers with a superior natural skin care solution for their pets.”
Andy Birchall, Brand Manager for PawsitiveFX™, added, “This is yet another exciting new opportunity for our brand and further confirmation of Anipet Animal Supplies' position as the premium distribution partner for western Canada. The Bone & Biscuit Company has a great reputation and a fantastic range of products. Our line will fit beautifully into their current offering and allow us to continue to grow our loyal customer base within Canada.”
Naturally Splendid CEO, Craig Goodwin, summed up, “The pet industry in the United States is a $60 billion a year industry. We are committed to delivering the same high quality of products to the pet market that we have developed for human applications. Additionally, we see a multitude of pet product opportunities for our plant based ingredient line, including HempOmega, which is available through our BC Ingredients Division (www.bcingredients.com). Securing clients such as The Bone & Biscuit are the fundamental steps that will see the Pawsitive FX line prosper.”
In other news, Naturally Splendid also announced today that it will be presenting at the Cannabis Investor Webcast on Thursday, September 10, 2015 at 11:00 am PST or 2:00 pm EST. The presentation will be thirty minutes long followed by a 15 minute question and answer session.
Goodwin commented on the event, “The Cannabis Investor Webcast is an online interactive platform, providing Naturally Splendid Enterprises Ltd. the opportunity to provide an overall corporate update. Topics covered will include; details on the Laguna Blends exclusive development & manufacturing agreement and purchase order; an update on the growing interest for the company's HempOmega(TM); as well as an update on the growing pet care and pet food opportunity. The Cannabis Investor Webcast is followed by industry investors, analysts, executives, media, and consumers.”
Those who want to view the free webcast can
click here to register.
Naturally Splendid Enterprises was in the news recently when
the Vancouver-based company announced two days ago that it had entered into a restated and amended license agreement for Omega Technologies with Full Spectrum Laboratories.
Shares were up 12.00% on the news to $0.28 per share.
Currently there are 56.0m outstanding shares with a market cap of $15.7 million.
FULL DISCLOSURE: Naturally Splendid Enterprises is a Stockhouse Publishing client.