NSP Naturally Splendid Enterprises Ltd

In a press release dated June 26, NSE incorrectly identified Boreal
Technologies' role in a licensing opportunity for cannabinoid related
technologies. The corrected information is provided below. We apologize for any
confusion this may have created. 


Naturally Splendid Enterprises (the "Company") (TSX VENTURE:NSP) (OTC
PINK:NSPDF) (FRANKFURT:50N) is pleased to announce that the Company is now
evaluating multiple opportunities in the commercialization of industrial hemp
and extracted cannabinoids for the creation of branded nutraceutical products.
In addition to the already established revenue streams from the NATERA(TM) hemp
based superfood retail line and its developing biotech food division in
partnership with Boreal Technologies, the Company is optimistic with the
multitude of opportunities in the nutraceutical cannabinoid market. 


Naturally Splendid is currently in advanced stage discussions with Full Spectrum
Laboratories, Ltd. out of Dublin, Ireland, regarding licensing of new
nutraceutical cannabinoid technologies. These nutraceutical cannabinoid
technologies include Cannabidiol (CBD) known for its multiple therapeutic
applications without the "stoned" effect of THC found in marijuana. This
strategy is restricted to the United States until other jurisdictions explicitly
permit cannabinoid therapies.  


CEO Craig Goodwin states, "We are developing business strategies designed to
investigate, evaluate and where there is a strong business case, develop
additional products and markets unlocking all potential revenue opportunities
within the industrial hemp crop. The area of nutraceutical cannabinoids is
increasingly interesting to Naturally Splendid, especially when you consider the
advanced science being developed by Full Spectrum. This potential creation of a
new relationship with Full Spectrum to include Naturally Splendid's branded
nutraceutical cannabinoid products legally derived from industrial hemp, will
allow Naturally Splendid to participate more directly in this nutraceutical
market in the United States." 


Charlie Brink, Chairman of Full Spectrum Laboratories states, "We're excited to
see Naturally Splendid explore the opportunities available in the nutraceutical
cannabinoid market space. We look forward to progressive dialogue on potential
business opportunities for our companies in licensed jurisdictions. What we've
discovered is that Cannabis sativa (industrial hemp) is a wholly misunderstood
plant. Our team has identified compounds within this plant that have great
nutraceutical and nutritional properties. Many of these have translated into
unique ingredients that most people haven't seen before. We've spent a
pain-staking amount of time assembling the right kind of talent to bring these
products to market and execute our business strategy. There is now an exciting
opportunity before us to be able to take the science and the research that has
been conducted in the laboratory in the past few years and create products that
we can bring to market that will help people and enhance their lives." 


Cannabis Sativa is a species which includes industrial hemp and marijuana.
Cannabis Sativa is used in food, nutraceutical products as well as medicinal
applications. Both plants share many of the same active chemicals and
cannabinoids. A prominent cannabinoid present in industrial hemp is Cannabidiol
(CBD) known for its multiple therapeutic, nutraceutical applications. More
specifically, Cannabidiol, or CBD, is a compound in industrial hemp that
potentially has significant medical benefits, but does not make people feel
"high" and can actually counter the psychoactivity of THC. The reduced
psychoactivity of CBD-rich cannabis may make it an appealing nutraceutical
product for individuals seeking anti-inflammatory, anti-pain, anti-fungal,
anti-bacteria and/or anti-spasm effects without disconcerting lethargy or
dysphoria. 


Naturally Splendid Co-founder Bryan Carson states, "There has been much in the
news recently surrounding the functional, nutraceutical and pharmaceutical
applications of the multiple cannabinoids prevalent in industrial hemp. Changing
legislation in the United States is most definitely a driving factor in the
increased attention that has been focused on the cannabinoid opportunities."


About Full Spectrum 

Full Spectrum Laboratories, Ltd., based out of Dublin, Ireland, is a
privately-held biotechnology company specializing in the scientific research,
development and commercialization of its technologies and services. Full
Spectrum owns a portfolio of patented and patent-pending cannabinoid-based
technologies including breeding, analytical services, extraction and
formulation. Full Spectrum strategically identifies global partners for
licensing opportunities in the pharmaceutical and nutraceutical markets. Our
technologies enable companies to have access to pharmaceutical-grade
cannabinoids for the development of cannabinoid based therapeutics, industrial
solutions and consumer goods. 


Full Spectrum has licensed certain formulation technologies focused on
omega-fatty acids and proteins to Boreal Technologies. This Agreement will
continue separately and independently of any license agreement Full Spectrum may
enter with Naturally Splendid for cannabinoid formulation technologies. 


About Boreal Technologies 

Boreal Technologies Inc., located on the University of British Columbia campus
in Vancouver, B.C., is a specialized product solution and service provider with
customers in North America and Asia. Boreal offers a comprehensive range of
product development and analytical testing services to the nutraceutical,
agricultural and consumer product industries. Our patent-pending process
technologies enable companies to bring new; value-added products to market that
are enhanced with scientifically-proven, superior functional ingredients. 


About Naturally Splendid Enterprises Ltd. 

Naturally Splendid's 100% owned NATERA(TM) line of hemp-based superfood products
are carried nationwide by Canada's leading health food distributors and a
network of retail stores across Canada including major retailers and specialty
stores. Naturally Splendid's recently rebranded "NATERA(TM)" line of products
includes natural and flavored shelled hemp seeds as well as natural and flavored
hemp protein powders. 


Naturally Splendid has an exclusive sales agreement to market and distribute, in
North America, the full complement of patent pending, plant-based omega products
created by Boreal Technologies. The products include HempOmega(TM) and
H2Omega(TM), as well as the FlaxOmega(TM), CanolaOmega(TM), and ChiaOmega(TM)
plant based omega products. These novel products utilize microencapsulation and
are available in both a powder format and an aqueous solution for increased
flexibility in ingredient applications and stand-alone products. 


J. Craig Goodwin, CEO & Director

Forward-Looking Statements: 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. Such factors
include, among other things: risks and uncertainties relating to the successful
testing and evaluation H2Omega(TM) and HempOmega(TM) by Calico. 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Naturally Splendid Enterprises Ltd.
J. Craig Goodwin
CEO & Director
(604) 559-8051
(604) 570-0934 (FAX)
info@naturallysplendid.com
www.naturallysplendid.com

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