Naturally Splendid $NSP Begins Exporting Products to Australia


(TSX.V:NSP) (OTCQB:NSPDF) (Frankfurt:50N)

Naturally Splendid Enterprises Ltd. is pleased to announce that it has begun shipping NATERA(R) branded products to a significant Australian distributor.

“This is a historic point in the global expansion of the hemp market. We continue to see governments in many regions of the world revising their regulations to allow for commercial sale of consumer hemp products and their derivatives, thus creating significant revenue opportunities for Naturally Splendid. Australia is just the latest country to revise their hemp regulations. It is expected that several additional countries will also revise their regulations within the next 18 months thus creating an expanding opportunity for the technologies and products that Naturally Splendid has developed as it relates to hemp. Products derived from industrial hemp for food, cosmetics, skincare, pet nutrition and care, will continue to find new markets and Naturally Splendid is pleased to be a leader in expanding to new territories as we did in 2016 with South Korea”.

-Mr. Craig Goodwin, President of Naturally Splendid

On November 12, 2017, it is expected that defined regions of Australia will approve and accept hemp products for human consumption. In anticipation of this event, Naturally Splendid has been pro-active in securing additional special permits allowing for the shipment of hemp products prior to the proposed date. Naturally Splendid has the necessary approvals to be an accepted importer prior to the official date and possess a special six-month permit for full access to the country.

“In keeping with our strategy to invest in our branded products and away from bulk sales, we have invested four months of extensive work with our Australian distributor and navigated through regulatory obstacles resulting in the successful order to Australia and so begins our journey with Canadian hemp products throughout a country of 24.5 million people. The NATERA(R) brand allows us to effectively manage sales and branding opportunities by focusing “on “top of mind” marketing and promotion. We will also leverage other brands within the Naturally Splendid collection as sales progress.”

-Dave Eto, CEO of Naturally Splendid

Hemp seeds are soon to be legalized as a food by Food Standards Australia and New Zealand, opening the door to a new consumer market for local hemp protein, hemp seed oil and hemp milk, all of which are already very popular among the health conscious.