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VANCOUVER, BRITISH COLUMBIA / TheNewswire / November 18, 2015 - Naturally Splendid Enterprises Ltd. (the Company) (FRANKFURT:50N) (TSX VENTURE:NSP) (OTC:NSPDF) is pleased to announce that Board of Director member Mr. Russ Crawford has been re-elected for a third term as President of The Canadian Hemp Trade Alliance (CHTA). The CHTA is Canada's national organization promoting the Canadian hemp industry and hemp products globally. Established in 2003, the Alliance represents those involved in Canada's hemp industry collaborating with government, researchers and members to achieve industry goals related to market development, education and research.
Naturally Splendid CEO, Mr. Craig Goodwin states, "I would like to congratulate Russ on his appointment as President of the CHTA. Russ has had a distinguished career in agriculture for over 40 years having worked for companies such as Cargill and Alberta Wheat Pool. In addition to his role as President of the CHTA, Russ heads a consulting service that specializes in commodity risk management and advisory services in the agricultural sector. The expertise gained in his career has been of great value to the CHTA and the continued growth in the hemp industry in Canada. We are most fortunate to have expertise of this level imbedded on our Board at Naturally Splendid."
Mr. Russ Crawford states, "The role of President of the CHTA is one I take very seriously. Since my appointment as President, the industry has grown dramatically both in terms of size and diversity. Over the past two years the hemp industry has seen record production and exports along with large financial investment in the handling and processing sector. Approved Health Canada production permits have increased from 8,000 acres in 2008 to a high of 108,000 in 2014. During the same timeframe the value of hemp exports has increased from $4.5 million to a projected $111 million in 2015. Hemp is on the precipice of a break-out in terms of expansion and our industry association is well positioned to represent its members to achieve even greater production and export goals."
Russ further states, "The 13th annual CHTA national conference is taking place in Calgary this year November 17-19. The conference is sold out, recording a record turn-out with representation from as many as ten different countries. I am confident that the conference is indicative of the continued growth of industrial hemp in Canada, North America and, in fact globally."
Naturally Splendid Enterprises Ltd. has been a member of the Canadian Hemp Trade Alliance for the past eight years and is a proud sponsor of this year's 13th annual national conference. Naturally Splendid CEO, Mr. Goodwin adds, "As a member of the CHTA, NSE has been able to help guide industry development as well as connect with new markets at home and around the world. The association provides credibility to the industry and is an excellent representative agency for the hemp industry. We look forward to continued participation in the CHTA."
About Naturally Splendid Enterprises Ltd.
Naturally Splendid is a multifaceted biotechnology company that is developing, producing, commercializing, and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrient-dense foods, and related products. Naturally Splendid is building an expanding portfolio of patents (issued and pending) and proprietary intellectual property focused on the commercial uses of industrial hemp and non-psychoactive cannabinoid compounds in a broad spectrum of applications.
Naturally Splendid currently has four innovative divisions: (1) Natera(R) brand of retail hemp superfood products currently distributed throughout North America; (2) PawsitiveFX(R) brand of pet care products; (3) BCI Division of plant-derived bulk ingredients including patent-pending HempOmega(R); and (4) hemp-based cannabinoid nutraceuticals. The Company's advanced technologies, industry expertise, and strategic partners allow for the creation of customized solutions with a consistent focus on quality and sustainability.
For more information please e-mail info@naturallysplendid.com or call 604-673-9573
On Behalf of the Board of Directors
J. Craig Goodwin
CEO, Director
Contact Information
Naturally Splendid Enterprises Ltd.
(NSP - TSX Venture; NSPDF - OTCQB; 50N Frankfurt)
2435 Beta Avenue
Burnaby, BC, V5C 5N1
Phone: (604) 570-0902
Fax: (604) 570-0934
E-mail: info@naturallysplendid.com
Website: www.naturallysplendid.com
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Naturally Splendid cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Naturally Splendid's control. There is no guarantee that the Company's plans will be found to be commercially viable, POS will be successful in developing new plant based omega products; the costs to develop these products will not be higher than anticipated; the Company's ability to compete with large food and beverage companies; sales of any potential products developed will be profitable; and the risk that any of the potential applications may not receive all required regulatory or legal approval. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Naturally Splendid undertakes no obligation to publicly update or revise forward-looking information.
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