Nutritional High International Inc. (the “Company” or “Nutritional High”) (CNSX:EAT.CN) (OTCQB:SPLIF) (FRANKFURT:2NU) applauds the passing of Bill C-45 by the Canadian Senate, paving the way for official legalization of recreational cannabis use in Canada.
Jim Frazier, CEO comments, “This is an exciting milestone for the Cannabis industry in Canada. Legalization to move the recreational market forward is now imminent, and we believe there are endless opportunities for our company to thrive in this new market. In every major market in which we are currently operating, Colorado, California and Washington – we’ve seen recreational use drive tremendous growth. We see the same potential in Canada as this landmark legislation will pave the way for a multi-billion-dollar addressable market to be penetrated through legal channels. Canada represents a strategically important market for Nutritional High and we continue to advance our joint venture project with Abba Medix Corp. who recently received its License to Produce Cannabis Oil from Health Canada under the Access to Cannabis for Medical Purposes Regulations.
About Nutritional High International Inc.
Nutritional High is focused on developing, manufacturing and distributing products under recognized brands in the cannabis products industry, including edibles and oil extracts for nutritional, medical and adult recreational use. The Company works exclusively through licensed facilities in jurisdictions where such activity is permitted and regulated by state law.
For updates on the Company’s activities and highlights of the Company’s press releases and other media coverage, please follow Nutritional High on Facebook, Twitter, Instagram and Google+ or visit www.nutritionalhigh.com.
For further information, please contact:
Chairman of the Board
Nutritional High International Inc.
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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 the ability of Calyx to provide a strategic platform and established sales channel for the Company’s FLI branded products and to expand Calyx into all regions of California and develop programs and deliver customer satisfaction. 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.
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