Nutritional High Announces Partnership with Canopy Growth Corp. and Congratulates Liberal Party of Canada on Winning the Majority
TORONTO, ONTARIO–(Marketwired – Oct. 22, 2015) – Nutritional High International Inc. (the “Company” or “Nutritional High“) (CSE:EAT)(OTCQB:SPLIF) is pleased to announce that it has entered into a consulting agreement with Canopy Growth Corporation (“Canopy“), a company formed from the combination of Tweed Marijuana Inc. and Bedrocan Cannabis Inc., to assist Canopy in developing their cannabis extracts product offerings in Canada. Nutritional High will be involved in various capacities including identifying equipment and developing manufacturing processes related to cannabis extracts. The partnership demonstrates the recognition of the Company’s expertise in the industry and Nutritional High looks forward to working with the Canopy team to share its findings in the field.
Furthermore, Nutritional High congratulates Justin Trudeau and the Liberal Party of Canada on winning the Canadian federal election and forming a majority government.
David Posner, CEO of Nutritional High commented – “With the Liberal Party having elected a majority government at the federal level in Canada, we expect the scope of cannabis products available to Canadian patients to continue to expand. We are pleased to be taking this step with one of Canada’s largest and most respected licensed producers toward our goal of making our marijuana and hemp based oil and edible products available to Canadian patients.”
About Nutritional High International Inc.
Nutritional High is primarily focused on developing, acquiring and designing products and brands in the marijuana-infused edible products and oil extracts sectors for medical and adult recreational use. The Company works exclusively in U.S. states where such activity is permitted and regulated by state law, through entities which hold a valid license to produce marijuana-infused edible products and to distribute, and dispense marijuana products.
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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.