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Tag Archives: Naturally Splendid

Naturally Splendid Increases Vertical Integration and Expands International Footprint

The cannabis industry tends to capture a lot of headlines these days, but investors shouldn’t ignore the hemp industry’s massive potential. With hemp-based CBD oil growing in popularity, the market is projected to top $10 billion over the coming years, and there are only a handful of companies building strong brands in the space. Investors may want to take note of these companies as potential opportunities.
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Naturally Splendid Comments on Health Canada’s Exemption to Industrial Hemp Regulations

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.
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Naturally Splendid Closes Private Placement for $638,633.52

Naturally Splendid Closes Private Placement for $638,633.52 VANCOUVER, British Columbia / TheNewswire / Aug. 15, 2018 -- Naturally Splendid Enterprises Ltd. ("Naturally Splendid") (TSX-V:NSP) (OTCQB:NSPDF) (Frankfurt:50N) is pleased to announce that it has closed a non-brokered private placement financing for a total of 3,547,964 units (the "Units") at $0.18 per Unit, for total gross proceeds of $638,633.52. Each Unit consisted of…
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