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Naturally Splendid Enterprises (TSXV:NSP,OTCQB:NSPDF,FWB:50N) has formed a wholly-owned subsidiary – Naturally Splendid USA Ltd. – in the state of Colorado, allowing an expanded distribution of the NATERA™ superfood brand to US retailers. It also serves as a first step in commercializing cannabinoid technology.
As quoted in the press release:
Naturally Splendid CEO Craig Goodwin states, “Forming a US subsidiary is an important strategic step for Naturally Splendid for several reasons. A U.S. subsidiary allows the Company to expand distribution of the existing 100% NATERA™ superfood brand to US retailers, as well as penetrate US markets more efficiently for the plant based omega products and technologies that we have exclusive marketing rights throughout North America for in an agreement that we secured with Boreal Technologies. As importantly, it is the first step in commercializing the cannabinoid technology that we are in advanced stages of negotiations on with Full Spectrum Labs as announced on July 16, 2014.”
Click here to read the Naturally Splendid Enterprises (TSXV:NSP,OTCQB:NSPDF,FWB:50N) press release
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