VANCOUVER, British Columbia, Nov. 27, 2018 (GLOBE NEWSWIRE) — Naturally Splendid Enterprises Ltd. (“Naturally Splendid” or “NSE” or “The Company”) (TSX-V:NSP) (OTCQB:NSPDF) (Frankfurt:50N) is pleased to announce it has secured Jimmy Zee’s Distributors Inc. to market and distribute the Company’s 100% owned pet care/food line™ Pawsitive FX, throughout Canada.
Jimmy Zee Distributors is a national distributor in operation for over 20 years, servicing more than 2,500 retail stores across Canada including national chains such as Home Hardware, Rona, Pharmasave, Pharmachoice, Shoppers, Save on Foods, Federated Coop, 7 Eleven and Canadian Tire. Jimmy Zee Distributors has established themselves as premier distributors to small town Canada in addition to servicing several national chains. Jimmy Zee Distributors is a full-service distributor representing established product lines like Harley Davidson, RIDE, Marvel DC, Star Wars, NHL, CFL, Coors, Molson Canadian, Budweiser, and STP, with the newest addition being The Trailer Park Boys.
Pawsitive FX™ is a line of all natural pet products consisting of topicals and nutrition. Pawsitive FX™ currently has three all natural topicals with hemp being a feature ingredient. More recently, the Company has launched a Hemp Oil for Dogs under the Pawsitive FX™ brand as its initial push into the hemp oil and extract market for pets. The Company continues to work with pet product manufacturers developing additional pet topicals and edibles that will incorporate a combination of hemp oil, hemp protein and HempOmega™. Additionally, upon completing its Processing License currently under application, the Company intends to pursue CBD (cannabidiol) fortified opportunities for topicals and edibles for pets in regions where permitted through regulations.
Mr. Jimmy Zee states, “We are very excited to add PawsitiveFX™ pet products to our offerings for our clients. This product line complements our business focus and strategy perfectly. Our customers have already shown their excitement to carry these convenient and beneficial products with numerous orders already shipped during our test launch. In response to the demand from our initial test market, I am pleased to be expanding this campaign nationally. Additionally, we are beginning to penetrate the U.S. market with a number of our lines and the PawsitiveFX™ line will now be included in our offerings to distributors in the USA.”
Naturally Splendid CEO Douglas Mason states, ”With demand for natural pet products increasing, notably in the hemp and hemp extract categories, our PawsitiveFX™ brand is positioned exceptionally well to capitalize on this expanding sector. Our team has been formulating and testing a wide-range of new products that we expect to launch in early 2019.”
For information on PawsitiveFX™, please visit their website: www.pawsitivefx.com
About Naturally Splendid Enterprises Ltd.
Naturally Splendid is a biotechnology and consumer products company that is developing, producing, commercializing, and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrient dense foods, and related products. Naturally Splendid is building an expanding portfolio of patents (issued and pending) and proprietary intellectual property focused on the commercial uses of industrial hemp cannabinoid compounds in a broad spectrum of applications.
For more information e-mail [email protected] or call Investor Relations at 604-673-9573
On Behalf of the Board of Directors
Mr. Douglas Mason
Naturally Splendid Enterprises Ltd.
(NSP – TSX Venture; NSPDF – OTCQB; 50N Frankfurt)
#108-19100 Airport Way
Pitt Meadows, BC, V3Y 0E2
Office: (604) 465-0548
Fax: (604) 465-1128
E-mail: [email protected]
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Naturally Splendid cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Naturally Splendid’s control including, Naturally Splendid’s ability to compete with large food and beverage companies; sales of any potential products developed will be profitable; sales of shelled hemp seed will continue at existing rates or increase; the ability to complete the sales of all bulk hemp seed purchase orders; and the risk that any of the potential applications may not receive all required regulatory or legal approval. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Naturally Splendid undertakes no obligation to publicly update or revise forward-looking information.
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