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VANCOUVER, British Columbia, Aug. 17, 2018 (GLOBE NEWSWIRE) -- Naturally Splendid Enterprises Ltd. (“Naturally Splendid” or “NSE” or “The Company”) (TSX-V:NSP) (OTCQB:NSPDF) (Frankfurt:50N) is pleased to comment on the positive amendment to Health Canada's publication of Subsection 56(1) Class Exemption in relation to the use of hemp under the Industrial Hemp Regulations (flowering heads, leaves and branches).
The exemption, published on August 10, 2018, enables companies with the relevant licenses to commence using the whole hemp plant for commercial purposes, which was prohibited under previous regulations. The exemption will remain in place until the scheduled implementation of the Cannabis Act on October 17, 2018, which allows for whole plant utilization from that date onwards. The significance of whole plant utilization in the new regulations will allow for the extraction of CBD (cannabidiol) from hemp, which currently is illegal in Canada.
“The August 10th amendment to the Controlled Drugs and Substances Act, which will enable Canadian farmers to collect whole plant material from 2018 crops in advance of the official legalization of cannabis on October 17, 2018, is excellent news for the hemp industry. This action is in response to a request made by the Canadian Hemp Trade Alliance (CHTA) on behalf of its members and is a clear signal that Health Canada sees hemp in a very different light than marijuana,” noted Russ Crawford, a Director of Naturally Splendid Enterprises Ltd. and President of the CHTA. “We commend Minister Petitpas-Taylor, Health Canada and the Canadian government on their continued leadership regarding cannabis legislation on the global stage.”
For Naturally Splendid, a hemp food/ingredient company, this exemption order will allow the Company to work with feedstock suppliers to make use of plant material produced in 2018, once the October 17th legalization comes into effect. As this date passes, it will no longer be illegal to work with whole plant material from industrial hemp plants. This barrier has represented significant lost opportunities for farmers, processors and retailers of hemp and hemp-based products produced and processed in Canada. By allowing early access to hemp in the field in 2018, NSE will gain a full year on research and product development related to cannabinoids and terpenes. For shareholders of Naturally Splendid, this development represents an accelerated timeline on product development and placement in our established retail networks, and provides for a greater potential for a positive impact on sales and revenue opportunities.
“NSE has developed formulated products which will incorporate ingredients from the hemp plant. We are excited to actually work with these ingredients in the first year of legalization of cannabis and get products to market that much sooner. Our company has been working towards the proposed legalization date of October 17th, but we were unsure as to how we would be able to make any real progress on product development in the coming year without plant material to process. This pre-emptive action by Health Canada is a timely and important recognition of the realities of agriculture,” states Bryan Carson, Executive Vice President of Marketing & Innovation and NSE co-founder.
Douglas Mason, Chief Executive Officer of Naturally Splendid, commented, “This momentous decision allows for whole plant utilization, and permits NSE to execute its strategic plan and begin preparing for Cannabidiol (CBD) harvesting with our recently contracted and long established organic hemp farmer, Fresh Air Farms, on 330 acres of organic agricultural land. This also provides NSE with organic hemp production for the 2018 and 2019 growing seasons. The Company has the option to convert some or all the acreage to CBD (cannabidiol) production, which is of high interest with the recently announced exemption. Once NSE receives Dealers License approvals, we will be able to begin extraction and formulation of CBD and other raw cannabis materials to manufacture products enhanced with these value-added compounds, creating new revenue streams and opportunities. NSE has already developed products and established markets to enter this high growth potential market.”
Fresh Air Farms is an organic farm located in Marcelin, Saskatchewan, Canada with roots that go back to 1911, when the Grenier family first began farming there.
Health Canada : Controlled Drugs and Substances Act (CDSA) - Section 56 Revision : https://www.canada.ca/en/health-canada/services/health-concerns/controlled-substances-precursorchemicals/policy-regulations/policy-documents/section-56-class-exemption-industrial-hempregulations.html
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.
Naturally Splendid currently has four innovative divisions:
(1) BIOTECHNOLOGY – Focused on three major platforms:
(2) CONSUMER PRODUCTS
NATERA® - brand of retail hemp and superfood products distributed throughout North America, Asia and Europe.
The Bar Makers (Prosnack Natural Foods Inc.) makers of (Elevate Me™) - lifestyle brand of healthy meal replacement products distributed throughout North America.
Chi Hemp Industries Incorporated (CHII) - e-commerce platform for natural and organic hemp products.
PawsitiveFX® - topical pet care products.
NATERA®CBD - retail hemp-based cannabinoid nutraceutical and cosmeceutical products distributed in Asia.
NATERA®Skincare - brand of retail hemp based cosmeceutical products.
(3) NATERA® Ingredients - bulk ingredients including HempOmega™
Naturally Splendid Hemp Processing is a science-based, industrial hemp seed processing business located in Abbotsford, BC. Listed as the only strictly organic hemp seed processor in North America
(4) Co-Packaging/Toll-Processing - packaging for house-brands (NATERA® and CHII) and third-party partners.
For more information e-mail firstname.lastname@example.org or call Investor Relations at 604-673-9573
On Behalf of the Board of Directors
Naturally Splendid Enterprises Ltd.
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.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Nasdaq Vilnius decided to suspend trading in AUGA group, AB shares (AUG1L, ISIN code LT0000127466) on 20-08-2018 until the newly issued shares will be admitted to trading on Nasdaq Vilnius.
The trading will be suspended at the request of the AUGA group, AB.
Notice on trading resumption will follow by a separate decision of Nasdaq Vilnius. Notification is provided here: https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=851569&messageId=1071254
In addition, AUGA group, AB has also requested Warsaw Stock Exchangeto to suspend trading in AUGA group, AB shares.
MONTRÉAL, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Saputo Inc. (“Saputo” or the “Company”) (TSX:SAP) completed today the transaction announced on July 17, 2018 and sold its Koroit plant in Victoria, Australia to Bega Cheese Limited (ASX:BGA).
The selling price of approximately CDN$244 million (A$250 million) was received in cash at closing.
This divestiture was required pursuant to the undertaking entered into with the Australian Competition and Consumer Commission in connection with the acquisition of the activities of Murray Goulburn Co-operative Co. Limited completed on May 1, 2018.
Saputo produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. Saputo is one of the top ten dairy processors in the world, the largest cheese manufacturer and the leading fluid milk and cream processor in Canada, the top dairy processor in Australia and the second largest in Argentina. In the USA, Saputo ranks among the top three cheese producers and is one of the largest producers of extended shelf-life and cultured dairy products. Our products are sold in several countries under well-known brand names such as Saputo, Alexis de Portneuf, Armstrong, COON, Cracker Barrel*, Dairyland, DairyStar, Devondale, Friendship Dairies, Frigo Cheese Heads, La Paulina, Milk2Go/Lait’s Go, Montchevre, Murray Goulburn Ingredients, Neilson, Nutrilait, Scotsburn*, Stella, Sungold, Treasure Cave and Woolwich Dairy. Saputo Inc. is a publicly traded company and its shares are listed on the Toronto Stock Exchange under the symbol “SAP”.
*Trademark used under licence.
HERSHEY, Pa., Aug. 16, 2018 (GLOBE NEWSWIRE) -- The Hershey Company (NYSE: HSY) today announced that members of its management team will provide an update on the company's growth strategies related to digital commerce during a live webcast on Tuesday, August 28, 2018, beginning at 9 a.m. ET. At 11:00 a.m. ET, President and Chief Executive Officer Michele Buck and Senior Vice President and Chief Financial Officer Patricia Little will conduct a general question and answer session. The meeting will be webcast live on The Hershey Company's website, www.thehersheycompany.com. Please visit the Investors section of the website for further details.
About The Hershey Company
The Hershey Company, headquartered in Hershey, Pa., is an industry leading snacks company known for bringing goodness to the world through its iconic brands, remarkable people and enduring commitment to help children in need. Hershey has approximately 17,000 employees around the world who work every day to deliver delicious, quality products. The company has more than 80 brands around the world that drive more than $7.4 billion in annual revenues, including such iconic brand names as Hershey's, Reese's, Kit Kat, Jolly Rancher and Ice Breakers and SkinnyPop.
For more than 120 years, Hershey has been committed to operating fairly, ethically and sustainably. Hershey founder, Milton Hershey, created the Milton Hershey School in 1909 and since then the company has focused on giving underserved children the skills and support they need to be successful. Today, the company continues this social purpose through 'Nourishing Minds,' a global initiative that provides basic nutrition to help children learn and grow.
To learn more -
Elgin, IL, Aug. 16, 2018 (GLOBE NEWSWIRE) -- John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS), a major processor and distributor of snack and recipe nut products, will hold its quarterly conference call to discuss its fourth quarter and fiscal 2018 year-end operating results on Thursday, August 23, 2018 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). Fourth quarter and fiscal 2018 year-end results are expected to be released after the market closes on Wednesday, August 22, 2018.
The dial-in numbers for this call are 1-844-536-5471 from the U.S. or 1-614-999-9317 internationally and enter the participant passcode of 2764536.
This call is being webcast by NASDAQ OMX and can be accessed at John B. Sanfilippo & Son, Inc.’s Web site at www.jbssinc.com.
The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Institutional investors can access the call via Thomson’s password-protected event management site, StreetEvents (www.streetevents.com).
John B. Sanfilippo & Son, Inc. is a processor, packager, marketer and distributor of nut and dried fruit based products that are sold under a variety of private brands and under the Company’s Fisher®, Orchard Valley Harvest®, Squirrel Brand®, Southern Style Nuts® and Sunshine Country® brand names.
CONTACT: Michael J. Valentine Chief Financial Officer 847-214-4509 Frank Pellegrino Sr. Vice President, Finance, Treasurer & Corporate Controller 847-214-4138
Active Health Foods, Inc. (OTC:AHFD) is an innovative leader representing a 21st century company primarily focused on "Health and Wellness" and the desire to bring products to the market place to help battle both "CHILDHOOD OBESITY" and "TYPE II DIABETES". ACTIVE X BARS are made with extremely High Quality 100% Organic "CERTIFIED", 100% Natural ingredients that are Gluten Free "CERTIFIED", Soy free, NON GMO, and Kosher and Vegan "CERTIFIED" and ALL NATURAL FLAVORS is the ONLY soft drink beverage consumers can purchase that is sweetened 100% with STEVIA and is Sugar Free with No Carbohydrates, No Calories, No Caffeine, No Sodium, No Aspartame or Nutra-Sweet, No Sugar Alcohols, and No After Taste.
AIR WATER INC.(Tokyo:4088.T) whose operations are based on gas for industrial and medical applications, has, since its establishment in 1929, expanded its business to a great variety of fields, including chemicals, medical treatment, energy, agriculture, food products, salt, magnesia, logistics, aerosols, and mineral water.
Alkaline Water Company Inc, The (OTC:WTER) has developed an innovative, state of the art, proprietary electrolysis process that produces healthy alkaline water for a balanced lifestyle. The company is focused on the business of distributing and marketing the retail sale of its cost-effectively packaged Alkaline88 water beverage products.
Alkame Holdings, Inc. (OTC:ALKM) is a publicly traded health and technology holding company with a focus on patentable, innovative, and eco-friendly consumer products. The Company's wholly-owned subsidiary, Alkame Water, Inc., markets and distributes micro-clustered, alkaline, antioxidant and oxygenated bottled water utilizing an exclusive patented formula and technology. Alkame uses this patented technology to create water with several unique properties which allow the body to absorb and utilize it more efficiently and help to achieve an optimal pH balance. This patented technology also increases the available oxygen content and absorbability which equates to more fuel for improved metabolic efficiency, boosted immune system, and improved cardio respiratory function.
Ambev SA (NYSE:ABEV) through its subsidiaries, produces, distributes, and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt, and food in the Americas. It offers beers primarily under Skol, Brahma, Antarctica brands, Brahva, Brahva Beats, Brahva Light, Extra, Budweiser, Becks & Stella Artois, Presidente, Brahma Light, President Light, Bohemia, The One, Corona, Stella Artois, Budweiser, Zenda, Quilmes Cristal, Paceña, Taquiña, Huari, Becker, Báltica, Pilsen, Patricia, and Bud Light, as well as Labatt Blue, Alexander Keith's, Stella Artois, and Kokanee brands. The company also offers carbonated soft drinks, bottled water, isotonic beverages, energy drinks, and ready-to-drink teas under the Guaraná Antarctica, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Monster, Red Rock, Pepsi-Cola, Seven Up, Concordia, Evervess, Triple Kola, and Gatorade brands. It has an agreement with PepsiCo to bottle, sell, and distribute Pepsi products in Brazil, Argentina, Bolivia, Uruguay, Peru, and the Dominican Republic; and a licensing agreement with Anheuser-Busch, Inc. to produce, bottle, sell, and distribute Budweiser products in Brazil, Canada, Ecuador, Guatemala, the Dominican Republic, and Paraguay. The company also produces and distributes Stella Artois under license to Anheuser-Busch InBev S.A./N.V. in Brazil, Canada, Argentina, and other countries. It offers its products through a network of third-party distributors and a direct distribution system.
AMCON Distributing Co. (NYSE MKT:DIT) is a leading wholesale distributor of consumer products, including beverages, candy, tobacco, groceries, foodservice, frozen and chilled foods, and health and beauty care products with locations in Illinois, Missouri, Nebraska, North Dakota, South Dakota and Tennessee. AMCON also operates health and natural product retail stores in the Midwest and Florida. The retail stores operate under the names Chamberlin's Market & Cafe and Akin's Natural Foods Market.
American Premium Water Corporation (OTC:HIPH) produces bottled water under the LALPINA brand name.LALPINA WATER is sourced from a high-altitude aquifer deep in the Blue Ridge and the Blue Mountains. It is available in 7.3 and 9.5 pH, either natural spring or sparkling. American Premium Water Corporation is based in Delray Beach, Florida.See the full stock directory here
Andrew Peller A NV (TSX:ADW-A.TO; ADW-B.TO) is a leading producer and marketer of quality wines in Canada. With wineries in British Columbia, Ontario, and Nova Scotia, the Company markets wines produced from grapes grown in Ontario's Niagara Peninsula, British Columbia's Okanagan and Similkameen Valleys, and from vineyards around the world. The Company's award-winning premium and ultra-premium VQA brands include Peller Estates, Trius, Hillebrand, Thirty Bench, Crush, Wayne Gretzky, Sandhill, Calona Vineyards Artist Series, and Red Rooster. Complementing these premium brands are a number of popularly priced varietal brands including Peller Estates French Cross in the East, Peller Estates Proprietors Reserve in the West, Copper Moon, XOXO, skinnygrape, Black Cellar and Verano Hochtaler, Domaine D'Or, Schloss Laderheim, Royal, and Sommet are our key value priced brands. The Company produces wine based liqueurs and cocktails under the brand Panama Jack. The Company imports wines from major wine regions around the world to blend with domestic wine to craft these popularly priced and value priced brands. With a focus on serving the needs of all wine consumers, the Company produces and markets premium personal winemaking products through its wholly-owned subsidiary, Global Vintners Inc., the recognized leader in personal winemaking products. Global Vintners distributes products through over 170 Winexpert authorized retailers and more than 600 independent retailers across Canada, the United States, the United Kingdom, New Zealand, Australia, and China. Global Vintners award-winning premium and ultra-premium winemaking brands include Selection, Vintners Reserve, Island Mist, KenRidge, Cheeky Monkey, Ultimate Estate Reserve, Traditional Vintage, and Cellar Craft. The Company owns and operates more 102 well-positioned independent retail locations in Ontario under The Wine Shop, Wine Country Vintners, and Wine Country Merchants store names. The Company also owns Andrew Peller Import Agency based in Vancouver and The Small Winemaker's Collection Inc. based in Ontario; both of these wine agencies are importers of premium wines from around the world and are marketing agents for these fine wines. The Company has entered into an agreement to produce and market the Wayne Gretzky brands across Canada. The Company's products are sold predominantly in Canada with a focus on export sales for its icewine and personal winemaking products.
AUSTRALIAN VINTAGE LTD (ASX:AVG.AX) is a leading Australian wine company. Championing a fully-integrated wine business model, the breadth of our capabilities extends to vineyards, boutique and bulk wine production, packaging, marketing and distribution
Blue Apron (NYSE: APRN) mission is to make incredible home cooking accessible to everyone. Launched in 2012, Blue Apron is reimagining the way that food is produced, distributed, and consumed, and as a result, building a better food system that benefits consumers, food producers, and the planet. The company has developed an integrated ecosystem that enables the company to work in a direct, coordinated manner with farmers and artisans to deliver high-quality products to customers nationwide at compelling values. Blue Apron's current products include Blue Apron Meals, Blue Apron Wine, the Blue Apron Market, and BN Ranch, a premium supplier of grass-fed beef and pasture-raised poultry.
BROWN FORMAN INC A (NYSE:BF-A; BF-B) For more than 140 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel's Tennessee Whiskey, Jack Daniel's Tennessee Honey, Southern Comfort, Finlandia, Jack Daniel's & Cola, Canadian Mist, Korbel, Gentleman Jack, el Jimador, Herradura, Sonoma-Cutrer, Chambord, New Mix, Tuaca, and Woodford Reserve. Brown-Forman's brands are supported by nearly 4,200 employees and sold in approximately 160 countries worldwide.
Chapel Down Group plc (ISDX:CDGP) produces and markets a range of still and sparkling wines made from English grapes. Whilst most are white wines, the proportion of red and sparkling wines has been increasing steadily. The Company operates a production site, vineyard and retail outlet at Tenterden in Kent. Most of the Group's grapes are purchased from specialist producers across the South-East of England.
China Tontine Wines Group Limited (Hong Kong:0389.HK; OTC:CATWF) produces and sells grape wine. The company offers sweet wines and dry wines under the Tongtian, Tongtian Hong, and TONTINE labels. It is also engaged in the processing of grape juice; plantation of grapes; and wholesale and retail of winery and beverage products. The company sells its products in 22 provinces, 3 autonomous regions, and 4 municipal cities in the People's Republic of China. The company was founded in 2001 and is headquartered in Tonghua, the People's Republic of China. China Tontine Wines Group Limited is a subsidiary of Up Mount International Limited.
August 14, 2018 (Investorideas.com Newswire) To allocate money means to invest in general. An investment is an asset which is acquired with the goal of regaining more income or appreciation.
June 21, 2018 (Investorideas.com Newswire) Over 20% of restaurants in the UK closed down in 2017, fuelled by Brexit negotiations, a weaker currency and growth of takeaway apps.