TORONTO, Dec. 27, 2017 (GLOBE NEWSWIRE) -- Nutritional High International Inc. (the "Company"
or "Nutritional High") (CSE:EAT) (OTCQB:SPLIF) (FRANKFURT:2NU) is pleased to announce that Calyx Brands Inc.
(“Calyx”), a leading distributor of cannabis products in California, has received a Medicinal – Distributor
Temporary License from the California Bureau of Cannabis Control (“Temporary Medicinal Distributor License”).
Nutritional High has entered into an agreement to purchase the business of Calyx (as announced in a press release on November 7,
2017). The Temporary Medicinal Distributor License will enable Calyx to distribute cannabis to licensed medical dispensaries
beginning January 1, 2018.
Calyx has also applied to the California Bureau of Cannabis Control for a Recreational – Distributor Temporary
License (“Temporary Recreational Distributor License”) and expects to receive such licensing in short order.
Jim Frazier, CEO of Nutritional High, commented - “We are excited about this development as it validates our due
diligence and positions Calyx to be a major player in distributing cannabis products to the California market. We are working
closely with Calyx’s management team to finalize the acquisition and propel forward Calyx’s expansion efforts in California.
Beginning January 1, 2018, the new regulatory landscape in California will empower well-organized and fully-licensed companies to
capture market share and we believe Nutritional High and Calyx are well positioned to capitalize on this opportunity.”
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.
