Naturally Splendid Enterprises Ltd. (“Naturally Splendid” or “NSE”) (TSXV:NSP) (OTCQB:NSPDF) (Frankfurt:50N) is pleased to announce that it has appointed Ms. Reena Sall as its Chief Financial Officer upon the resignation of Sead Hamzagic which was effective June 15, 2019.

Ms. Sall is a Chartered Professional Accountant, CPA-CMA with a Bachelor of Arts in Economics from the University of British Columbia. She brings more than 10 years of accounting and financial management experience with the Federal Government and a variety of publicly traded companies on the TSX-V and OTC markets. Reena has extensive experience working with Canadian public companies with subsidiaries in North America, South America, Europe and Africa with the focus on consolidation and preparation of financial statements and financial analysis. Prior to joining Naturally Splendid Enterprises, Reena worked as a Senior Accountant at Seabord Services Corp. working with Canadian public companies in the mineral exploration and mining industry.

Naturally Splendid would like to thank Mr. Hamzagic who has served as CFO for Naturally Splendid since 2018. Mr. Hamzagic will assist Ms. Sall with the transition and continue to provide consulting services as needed.

Naturally Splendid CEO Douglas Mason states,” Reena has been a valuable member of the Company as our Controller for over a year now, and has gained a comprehensive understanding of the day-to-day operations, financial systems and the requirements needed for future expansion. She will play an important role as CFO, and her years of experience in the public sector will be invaluable as the company continues to evolve as a leader in the industrial hemp sector.

We are very pleased with the financial systems, organizational structure and strategic planning that Reena has been instrumental in implementing as Controller. Her familiarity with these initiatives and systems represent a significant asset and creates a seamless transition which will prove instrumental as the Company prepares for its next stages of growth as our operations continue to expand.”

The Company also announces that it has granted 700,000 stock options to officers, directors, employees and consultants of Naturally Splendid. The options were granted for a period of five (5) years, expiring on June 24, 2024. The stock options will immediately vest and each stock option will allow the holder to purchase a common share of Naturally Splendid at an exercise price of $0.15.

The Company has engaged the services of Agrinomics I.T. Consulting Ltd. (“Agrinomics”). As per the terms of the agreement with Agrinomics, the Company will issue 150,000 common shares at a deemed price of $0.115 upon signing of the agreement, subject to regulatory approval, and an additional 150,000 shares on January 1, 2020, also subject to regulatory approval. Also, as part of Naturally Splendid’s appointment of Barry Dashner as its Chief Operating Officer (see the Company’s news release of June 14, 2019), the Company will issue 250,000 common shares at a deemed price of $0.10 upon signing of the agreement, and subject to regulatory approval, and an additional 250,000 shares on September 1, 2019, also subject to regulatory approval.

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 and marijuana cannabinoid compounds in a broad spectrum of applications.

For more information e-mail or call Investor Relations at 604-673-9573

On Behalf of the Board of Directors

Mr. Douglas Mason

CEO, Director

Contact Information

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



Forward-Looking Statements

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.



An Emerging Markets Sponsored Commentary

A report just released in early April confirms that the cannabis beverage sector is thriving. According to this report from industry stalwart, Marijuana Business Daily while sales for vapes, pre-rolls and flower were lackluster, cannabis beverages shined:

Keep reading... Show less

BevCanna Enterprises (CSE:BEV,OTCQQ:BVNNF,FWB:7BC) CEO Marcello Leone shared how the company is scaling up its products to forge partnerships and explore opportunities across Canada, the US and Western Europe. 

“Getting your standard processing license and being fully compliant at a federal level is critical in Canada, and we were successful in getting that done. Now we’re getting ready to launch our Keef line of beverages within the next 45 days,” Leone said. 

As a young company, Leone said BevCanna has only started, but it took a four-pronged approach to make sure that it is a revenue-generating company prepared for the opening of many jurisdictions for CBD-based products.

“We are blessed that we have a beautiful infrastructure of our own, a state-of-the-art bottling facility with a capacity of almost 200 million bottles per annum and a strong balance sheet of $55 million. We are in a strong position to scale and grow this company.”

BevCanna has received a Standard Processing License from Health Canada and is now fully authorized to begin production at its full-service, high-capacity beverage manufacturing facility. The company will begin production of its white-label products, number one US cannabis beverage brand Keef and its in-house beverages through licensed Canadian retailers, positioning the company to fully capitalize on the burgeoning Canadian cannabis-infused beverage sector.

Watch the full interview with CEO Marcello Leone above.

Keep reading... Show less

BioHarvest Sciences (CSE: BHSC) will be presenting at the Benzinga Cleantech Small Cap Conference taking place on April 22, 2021. We invite our shareholders and all interested parties to explore cleantech small cap investment opportunities through two days of networking, dealmaking and discovery.

Sign up to get a free spectator pass for the event:

Keep reading... Show less

Positive distributor feedback and strong consumer interest accelerating launch with distributors

Emerging leader in innovative health and wellness beverages and products, BevCanna Enterprises Inc. ( CSE:BEV , Q:BVNNF , FSE:7BC ) (“ BevCanna ” or the “ Company ”) announces today that its wholly-owned subsidiary Naturo Group has successfully completed its initial shipment of TRACE plant-based products to one of Japan’s largest beverage distributors.

Keep reading... Show less

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or the “Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced an additional refreshment of its board of directors to further strengthen its leadership in the cannabis industry.

Keep reading... Show less