Naturally Splendid Enterprises: Now Executing Strategic Business Plan

It’s been a busy year so far for multifaceted biotechnology company Naturally Splendid Enterprises (TSXV:NSP). The company has released a steady stream of news since 2015 began, and at time of publication its share price was up an impressive 91.49 percent year-to-date.

To find out more about what the company’s been up to and how it’s achieved that success, the Investing News Network spoke with Craig Goodwin, the company’s CEO, director and founder. He was able to shed some light on those topics, as well as what’s next for Naturally Splendid.

Goodwin started by talking about the numerous management appointments Naturally Splendid has made this year. He noted that the company’s board of directors now includes Russ Crawford, president of the Canadian Hemp Trade Alliance, David Racz, “who has an extensive pharmaceutical career,” and Charlie Brink, founder of a successful beverage company. “We’ve been very fortunate for them to join us,” he said.

Meanwhile, the company’s advisory board includes Doug Mason, founder of Clearly Canadian, Dave Eto, CEO of the BC Dairy Association, Ted McKechnie, former president of Maple Leaf Foods (TSX:MFI), and Peter Howes, former vice president of Jim Pattison Group. According to Goodwin, they’ve been tasked with helping market HempOmega globally.

For those new to Naturally Splendid, Goodwin also took the time to explain HempOmega, one of its product lines. “The omega market in general is huge,” he said, noting, “about 90 percent of omega products today are derived from the ocean, but I think we all know that the inventory in the oceans are declining while demand for omegas [is] increasing. We believe the answer to solving this problem is to have a plant-based omega input, and we can do that very nicely with hemp.”

He noted that while the company has definitely had to educate investors and consumers about the benefits of hemp, people have been quick to catch on. “It has been amazing how quickly this has caught on, and in fact people now come to us with their knowledge of hemp and omegas and the opportunities that are created from them,” he said. “Now people are understanding the benefits of these products and are beginning to learn new ways to use them.”

In closing, Goodwin touched on what investors can expect from Naturally Splendid in the second half of 2015. “Our science and technology has been proving out, we’ve secured licensing technologies in both omega and cannabinoid extraction, and now we’re … monetizing and commercializing these sciences,” he said, concluding, “we are now moving from the strategic business plan to executing that plan.”

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Naturally Splendid is a client of the Investing News Network. This article is not paid-for content. 

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