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Strategies & Market Trends : Hemp based foods from Naturally Splendid Enterprises Ltd. -- Ignore unavailable to you. Want to Upgrade?

To: magikal1977 who wrote (118)	6/26/2014 8:45:17 AM
From: magikal1977	1 Recommendation Recommended By pocotrader Respond to of 163

Naturally Splendid Evaluates Hemp Based Cannabinoid Opportunities(ccnm) BURNABY, BRITISH COLUMBIA--(Marketwired - June 26, 2014) -Naturally Splendid Enterprises (the "Company") (TSX VENTURE:NSP)(FRANKFURT:50N) is pleased to announce that the Company is now evaluating multiple opportunities in the commercialization of industrial hemp and extracted cannabinoids for the creation of branded nutraceutical products. In addition to the already established revenue streams from the NATERA™ hemp based superfood retail line and its developing biotech food division in partnership with Boreal Technologies, the Company is optimistic with the multitude of opportunities in the nutraceutical cannabinoid market. Naturally Splendid is currently in advanced stage discussions with Boreal Technologies (Formerly Canadian Medical Hemp) regarding mutually exclusive licensing of new nutraceutical cannabinoid technologies. These nutraceutical cannabinoid technologies include Cannabidiol (CBD) known for its multiple therapeutic applications without the "stoned" effect of THC found in marijuana. CEO Craig Goodwin states, "We are developing business strategies designed to investigate, evaluate and where there is a strong business case, develop additional products and markets unlocking all potential revenue opportunities within the industrial hemp crop. The area of nutraceutical cannabinoids is increasingly interesting to Naturally Splendid, especially when you consider the advanced science being developed by our existing business partner Boreal Technologies. This potential expansion of our relationship with Boreal to include Naturally Splendid's branded nutraceutical cannabinoid products legally derived from industrial hemp, will allow Naturally Splendid to participate more directly in this nutraceutical market in the United States." Charlie Brink, Chairman of Boreal Technologies states, "We're excited to see Naturally Splendid explore the opportunities available in the nutraceutical cannabinoid market space. We look forward to progressive dialogue on potential business opportunities for our companies. What we've discovered is thatCannabis sativa (industrial hemp) is a wholly misunderstood plant. Our team has identified compounds within this plant that have great nutraceutical and nutritional properties. Many of these have translated into unique ingredients that most people haven't seen before. We've spent a pain-staking amount of time assembling the right kind of talent to bring these products to market and execute our business strategy. There is now an exciting opportunity before us to be able to take the science and the research that has been conducted in the laboratory in the past few years and create products that we can bring to market that will help people and enhance their lives." Cannabis Sativa is a species which includes industrial hemp and marijuana. Cannabis Sativa is used in food, nutraceutical products as well as medicinal applications. Both plants share many of the same active chemicals and cannabinoids. A prominent cannabinoid present in industrial hemp is Cannabidiol (CBD) known for its multiple therapeutic, nutraceutical applications. More specifically, Cannabidiol, or CBD, is a compound in industrial hemp that potentially has significant medical benefits, but does not make people feel "high" and can actually counter the psychoactivity of THC. The reduced psychoactivity of CBD-rich cannabis may make it an appealing nutraceutical product for individuals seeking anti-inflammatory, anti-pain, anti-fungal, anti-bacteria and/or anti-spasm effects without disconcerting lethargy or dysphoria. Naturally Splendid Co-founder Bryan Carson states, "There has been much in the news recently surrounding the functional, nutraceutical and pharmaceutical applications of the multiple cannabinoids prevalent in industrial hemp. Changing legislation in the United States is most definitely a driving factor in the increased attention that has been focused on the cannabinoid opportunities." About Boreal Technologies Boreal Technologies Inc., located on the University of British Columbia campus in Vancouver, B.C., is a specialized product solution and service provider with customers in North America and Asia. Boreal offers a comprehensive range of product development and analytical testing services to the nutraceutical, agricultural and consumer product industries. Our patent-pending process technologies enable companies to bring new; value-added products to market that are enhanced with scientifically-proven, superior functional ingredients.