TORONTO, Nov. 14, 2017 (GLOBE NEWSWIRE) — Nutritional High International Inc. (the “Company” or “Nutritional High“) (CSE:EAT) (OTCQB:SPLIF) (FRANKFURT:2NU) is pleased to announce that it has sourced a California-based manufacturer who will produce for distribution in California FLI branded premium cannabis concentrates to Nutritional High’s specifications.
The California manufacturer will utilize a cold-ethanol extraction process to produce, package and deliver consumer ready FLI branded vape cartridges under the FLI Premium, and High Terpene product lines. Calyx Brands Inc. (“Calyx”), a California-based distributor with whom Nutritional High has entered into a letter of intent to acquire (please see press release dated November 7th, 2017), will distribute the FLI vape cartridges to over 430 medical dispensaries. Calyx will also distribute the FLI cartridges to adult-use cannabis dispensaries once permitted in the new year.
Jim Frazier, CEO of Nutritional High commented – “We could not be more excited about our expedited entry into the California market. Partnering with a top-tier, fully-licensed, concentrate manufacturer and leveraging Calyx’s entrenched sales channels offers us the strategic entry into the California market we’ve been working toward. Getting our products on the shelves of dispensaries while we continue to advance our Sacramento facility will allow us to build significant brand awareness to support our California vision for FLI branded products.”
Mr. Frazier continued – “The cold-ethanol extraction process utilized by our California manufacturing partner is similar to that presently utilized by Palo Verde in Colorado. Under the supervision of Nutritional High’s extraction team led by Billy Morrison, we expect that the FLI concentrates offered for sale in California will be of the same premium quality as is currently generating great success for us in the Colorado market.”
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.
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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.
Article source: http://www.otcmarkets.com/stock/SPLIF/news?id=175266