Jul 18, 2017
OTC Disclosure & News Service
TORONTO, July 18, 2017 (GLOBE NEWSWIRE) — Nutritional High International Inc. (the “Company” or “Nutritional High”) (CSE:EAT) (OTCQB:SPLIF) (FRANKFURT:2NU) is pleased to announce that Palo Verde LLC has filled an order of FLI-branded cartridges with Colorado Best Budz, and provides several key product updates.
Colorado Best Budz Order
Palo Verde, the Company’s licensed tenant in Colorado, filled an order of 500 mg FLI-branded vape pen cartridges for the Colorado Best Budz dispensary, which is located at 23344 US 50 E, Suite B Pueblo, CO. The order followed a promotion that Palo Verde’s staff held for 7/10, which was dubbed as the “National Dab Day”, a holiday in the cannabis industry that is akin to 4-20 in April, which celebrates cannabis culture across the world.
Product Update – Introduction of FLI Syringes
The Company is pleased to announce the that Palo Verde has commenced sales of 500 mg FLI-branded syringes for the cannabis concentrate “aficionado” who prefers to consume oil by through “dabbing”. This is an important step in the Company’s product development and roll-out strategy, as it will pave the way for introduction of the Company’s “Dab Stick” product, expected in the fall. Currently most dabbers consume cannabis concentrate stored in syringes or silicone containers.
Product Update – FLI-Branded Cartridges
Nutritional High is excited to provide additional details regarding the technological characteristics of its FLI-branded cartridges. During its product development process, management examined a wide variety of cartridge and battery suppliers. The Company has selected a higher end cartomizer for Palo Verde to fill with oil to ensure that the product is suitable for a wide range of consumers. Lower end cartomizers may not work with lower end batteries, which would require the consumer to spend more money to purchase another battery. FLI-Branded cartomizers were tested with a wide range of batteries and were confirmed to function with most batteries available in the Colorado market. The cartridges will remain packaged separately due to the consumer having the option to buy the cartridge independently from the battery or buy the battery alone from the cartridge.
Jim Frazier, CEO of Nutritional High comments: “Nutritional High pleased to announce these key developments in our product roll-out strategy, which augment the equity we are building in our FLI Brand. We aim for FLI to become the standard for quality in key legal cannabis markets across the country and these milestones represent our commitment to achieving such.”
About Nutritional High International Inc.
Nutritional High is focused on developing, manufacturing and distributing products and nationally recognized brands in the marijuana-infused 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:
David Posner, Chairman of the BoardNutritional High International Inc.647-985-6727Email: firstname.lastname@example.org
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR OTC MARKETS GROUP INC., NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release contains 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. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, ”scheduled”, “estimated”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, “believes”, “may have implications” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur”, or “be achieved”.
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.
Copyright © 2017 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.