Naturally Splendid (TSXV:NSP) announce that it has received additional purchase orders for $1,450,000 CDN from the Korea Beauty & Health Care Co., Ltd. who are based in South Korea. The Company is pleased to report that with this most recent purchase order, the total value of export purchase orders to date in 2016 exceed $5,700,000 CDN.
The Company initially anticipated shipping 100 tons of shelled hemp seed hearts to South Korea in 2016. We have now shipped over 400 tons of shelled hemp seed hearts to South Korea in just four months. In addition to shelled hemp seed hearts, we are now in discussion with KBH regarding additional products, including HempOmega™, to be marketed through their distribution channels in South Korea. These products have the potential to be marketed through the home shopping channels and then moved into mainstream grocery, following the same strategy that made the launch of hemp seed hearts so successful. In short, our objective is to reach the same level of success that we have had with our shelled hemp seed hearts.
Naturally Splendid CEO, Craig Goodwin, stated:
We are pleased with the success that we are having as Korea Beauty & Healthcare (KBH) continues marketing and selling our shelled hemp seed hearts in South Korea. We are pleased to report that in addition to the home shopping channel success that KBH is achieved with our shelled hemp seed hearts, shelf space has now been secured in mainstream grocery.
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