Naturally Splendid Provides Corporate Update

Naturally Splendid (TSXV:NS,FWB:50N,OTCQB:NSPDF) has provided a corporate update regarding its agreement to license certain technologies relating to omega extraction and formulations and cannabinoid extraction and formulations from Full Spectrum Laboratories.

As quoted in the press release:

Naturally Splendid is pleased to state that the TSXV has provided conditional acceptance of the transaction subject to receipt of satisfactory final documentation, closing of the previously announced private placement financing and satisfying certain conditions of the TSXV. In particular, Naturally Splendid has agreed to not produce, sell or market any products utilizing the CBD Technology until it has obtained a satisfactory opinion on the legality of these products and the acceptance of the TSXV.

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