According to Global Industry Analysts, the global market for
functional foods or "Superfoods" is expected to reach $130 billion
next year, fuelled by the swelling number of health-conscious
consumers with high disposable incomes (baby boomers).
The market segment is growing fast. 10,000 baby boomers reach
retirement age every single day. They want to continue doing yoga,
tennis, jogging, swimming, skiing etcetera. Boomers are deeply
motivated to spend money to prolong their ability to do these
activities. Hemp is a natural, affordable solution.
"Naturally Splendid (TSX-V:NSP) (FRANKFURT:50N) (OTC:NSPDF) is
in the right place at the right time," states Russ Crawford, the
President of the Canadian Hemp Trade Alliance in an exclusive
interview with Financial Press, "I've been involved in Canadian
agriculture for over 40 years, so I am well versed in the
production, processing, handling and exporting of North American
grains and oilseeds."
"Naturally Splendid is much more than just a hemp company,"
states Co-founder Bryan Carson, "It produces a whole variety of
food products, attractive to a wide variety of end users. Whether
it is an athlete, a mother feeding her child, or a senior looking
for a nutritious meal. I anticipate Naturally Splendid products
displacing traditional crops as it is a profitable alternative for
Canadian farmers. Hemp contains high protein and omega benefits,
and is much more digestible than soy."
Superfoods, like omega-3 oils and dietary protein and fibre
found in hemp, have demonstrable physiological or health benefits.
The sector is growing globally at a rate of 6% per year. The trend
looks set and long term. Shares of United Natural Foods and Whole
Foods Market are up 300% and 350% respectively in the last 5
years.
Naturally Splendid (TSX-V:NSP), a Superfood innovator, has
developed the NATERA™ line of hemp-based products carried by
Canadian and U.S. specialty health food distributors.
The NATERA™ line of products includes natural and flavored
shelled hemp seeds and flavored hemp protein powders.
"Naturally Splendid has been developing super food lines for six
years," states Craig Goodwin CEO and co-founder of (TSX-V:NSP) in
an exclusive interview with Financial Press, "We are one of, if not
the first publically traded industrial hemp superfood company in
North America."
Hemp was introduced to North America in 1606. Industrial
hemp was the most important non-food crop in the early history of
the United States, used for sails, riggings, canvas, ropes,
clothing and paper.
NSP's expertise is in the explosive demand area of 'functional
foods' and 'Super Foods' - with a focus on Cannabis Sativa and
plant based Omegas.
"We announced our major retail line, NATERA in October 2013,"
stated Goodwin, "and the products have already been picked up by
three of Canada's largest distributors and an established U.S.
distributor - so we have laid the foundation for rapid sales
growth."
Naturally Splendid also has an exclusive North American sales
agreement to market and distribute a line of patent pending,
plant-based omega products created by Boreal Technologies (formerly
Canadian Medical Hemp), including HempOmega™ and H2Omega™,
FlaxOmega™, CanolaOmega™, and ChiaOmega™.
The U.S. is the world's biggest consumer of industrial hemp but
it cannot legally be grown there. So you have an established
rapidly growing market that is 100% dependent on
imports. Industrial hemp in mostly grown in Western Canada.
Saskatchewan accounts for over 50% of domestic
production. Naturally Splendid is politically and
geographically positioned to fill the U.S. demand.
Many North Americans are confused about the difference between
industrial hemp (which doesn't get you high), and marijuana (which
does). Another point of confusion is the relative size of the
two markets.
"There is buzz around the medical marijuana industry," states
Goodwin, "but there are currently only 39,000 legal prescriptions
for marijuana in Canada. Industrial hemp food products are
being consumed by health conscious consumers globally - so we are
servicing a much bigger potential market, and have a
correspondingly bigger opportunity."
Industrial hemp contains trace levels of THC but it has been a
heath-boosting source of food and fibre for the past 10,000
years.
"We plan to monetize all components of industrial hemp," states
Goodwin, "and that means using it as a food and developing it as
plant based Omega-3 – which we are currently doing with a Boreal
Technologies at the University of British Columbia."
Crawford, who is also a Director of NSP, recalls that in his
early years in the agriculture business it was illegal to grow hemp
and nobody talked about it. In the last 15 years, the interest
and popularity of the product has grown exponentially.
"Hemp offers a spectrum of benefits unequalled by any other
plant," states Crawford, "Some plants have proteins and some have
energy. This one has both, as well as vitamins and
minerals. So it is very attractive to the health-conscious
consumer.
That market segment is growing fast. 10,000 baby boomers
reach retirement age every single day. They want to continue
doing yoga, tennis, jogging, swimming, skiing
etcetera. Boomers are deeply motivated to spend money to
prolong their ability to do these activities. Hemp is a
natural, affordable solution."
"Naturally Splendid is much more than just a hemp company,"
states Crawford, "It produces a whole variety of food products,
attractive to a wide variety of end users. Whether it is an
athlete, a mother feeding her child, or a senior looking for a
nutritious meal. I anticipate Naturally Splendid products
displacing traditional crops as it is a profitable alternative for
Canadian farmers. Hemp contains high protein and omega
benefits, and is much more digestible than soy."
With instances of heart disease and other chronic illnesses
rising, Superfoods are an increasingly popular preventative
measure. Eighty percent of North Americans are trying to eat
healthfully. Young adults ages 18–24 are the top users of
liquid based functional foods.
On May 6, 2014 Naturally Splendid announced that it had achieved
full Non GMO Certification for the NATERA ™ hemp based Superfood
Line. "Non-GMO Project Verified" is the fastest growing label
in the natural products industry, representing $5 billion in annual
sales.
Naturally Splendid is currently trading at .25 with a market cap
of $9 million.
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CONTACT: Naturally Splendid(R) Enterprises Ltd. (NSP - TSX Venture)
Suite 605 - 1166 Alberni Street
Vancouver, BC V6E 3Z3
Phone: 604-559-8051
e-mail: info@naturallysplendid.com
Fax: 604-570-0932
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