Coconut Creek, Florida, Jan. 25, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- In a landmark year with the passage of the 2018 Farm Bill, NutraFuels Inc. (“NTFU” or “NutraFuels”) and NutraHempCBD ended 2018 with a splash of advertisements in New York’s Times Square as millions watched the famous ball drop on one of New York’s busiest and most iconic nights of the year.
“This ad campaign was our way to celebrate the deregulation of hemp and create awareness of its health and wellness benefits,” said Edgar Ward, CEO and President of NutraFuels.
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The passage of the Farm Bill lifts some restrictions used to hold back the industry.
Publicly traded under the name NTFU (OTCQB: NTFU), NutraFuels' products adhere to high manufacturing standards throughout every step of the manufacturing and extraction process. NutraFuels’ oversight spans from the cultivator to formulation development and distribution. Its testing and manufacturing processes are in compliance with FDA and GMP standards and NutraFuels uses only organic raw hemp from USDA licensed farms in the manufacturing of its products.
Recently, NutraFuels announced its partnership in bulk CBD-rich hemp oil refinement. Through the new partnership, the company will refine and process CBD-rich crude oil into refined full-spectrum oil, distillate, and pure CBD in the form of isolate for top-tier bulk finished good supply for Health and Wellness products.
NutraFuels Inc. is a nutraceutical company with a line of CBD-infused products known by its in-house brand, NutraHempCBD. Using premium CBD hemp oil, its formulations are designed to promote overall health and wellness. NutraHempCBD products are intended for daily use with observed health benefits including anti-stress, anti-inflammation, calmness to sleep and stay asleep.
NutraFuels, Inc is a fully reporting company with a class of securities registered with the U.S. Securities & Exchange Commission (“SEC”). As reported in its Form 8-K filed with the SEC on November 13, 2018, NTFU recently announced its financial results for the three (3) and nine (9) month period ended September 30, 2018 with revenue of $1,062,146 and $2,870,462 respectively compared to $652,385 and $1,027,727 for the three (3) and nine (9) month period ended September 30, 2017. NTFU’s filings with the SEC can be viewed at www.sec.gov. NTFU’s CBD products and information about the company’s direct sales program can be found online at www.nutrahempcbd.com and by following the company on Instagram.
Forward-Looking Statements
This communication contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words or phrases such as “may,” “will,” “except,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “future” or other similar expressions. The Company has based these forward-looking statements largely on the Company’s current expectations and projections about future events and financial trends that the Company believes may affect Company’s financial condition, results of operations, business strategy, and financial needs. There is no assurance that Company’s current expectations and projections are accurate. All forward-looking statements in this press release are based on information available to the Company on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results to differ materially from those implied by the forward-looking statements. More detailed information about these risk factors are set forth in the Company’s filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled “Risk Factors,” in the Company’s Annual Report on Form 10-K with the Securities and Exchange Commission on April 17, 2018. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking statement. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law.
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