First Shipment of Hemp Food Products for Korean Company Shipped from Naturally Splendid Facility

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Naturally Splendid Enterprises Ltd. is pleased to announce that the first shipment of 20 metric tonnes of hulled hemp seeds destined for the Port of Busan in South Korea, was shipped from the Naturally Splendid distribution centre in Burnaby, BC to the Port of Vancouver on schedule this morning.
Naturally Splendid VP of Operations Bryan Carson states, “Having shipped the first container to Korea Beauty & Health Care in South Korea on schedule, we now look forward to fulfilling the balance of this $924,000 CDN purchase order”.
Korea Beauty & Health Care Co., Ltd. (KBH) was established in 2003 and has a successful track record bringing a variety of products to the South Korean marketplace in the area of cosmetics, household items, functional foods, and medical equipment. KBH was certified as a food manufacturer and cosmetic manufacturer in 2015 and is also a product developer with its own R&D facility. The Company currently employs 62 people and generated revenue of approximately 12,000,000,000 Won ($14,000,000 CDN) in 2015 via online shopping, offline shopping, traditional retail and TV shopping channels. KBH will be marketing the NATERA(R)brand through online shopping, offline shopping, traditional retail and TV shopping channels.
Naturally Splendid is a multifaceted biotechnology company that is developing, producing, commercializing, and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrient-dense foods, and related products. Naturally Splendid is building an expanding portfolio of patents (issued and pending) and proprietary intellectual property focused on the commercial uses of industrial hemp and non-psychoactive cannabinoid compounds in a broad spectrum of applications.
Questions & Answers
Q.What is the total value of the purchase order from Korea Beauty & Health Care?
What is the total value of the purchase order from Korea Beauty & Health Care?
The full purchase order from Korea Beauty & Health Care is valued at $924,000 CDN. This first shipment represents a portion of that total order. Naturally Splendid aims to fulfil the remaining balance.
Q.What is Naturally Splendid's core business activity?
What is Naturally Splendid's core business activity?
Naturally Splendid is a biotechnology company. It focuses on developing, producing, commercialising, and licensing plant-derived, bioactive ingredients and nutrient-dense foods. Their work includes industrial hemp and non-psychoactive cannabinoid compounds.
Q.How will the NATERA brand products be sold in South Korea?
How will the NATERA brand products be sold in South Korea?
Korea Beauty & Health Care will market the NATERA brand through multiple sales channels. These include online shopping, traditional retail, offline shopping, and TV shopping channels in South Korea.
Q.What was Korea Beauty & Health Care's revenue in 2015?
What was Korea Beauty & Health Care's revenue in 2015?
In 2015, Korea Beauty & Health Care generated approximately 12,000,000,000 Won in revenue. This equates to about $14,000,000 CDN. They achieved this through various retail channels.
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