TORONTO, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Nutritional High International Inc. (the “Company” or “Nutritional High”) (CSE: EAT, OTCQB: SPLIF, FRANKFURT: 2NU) is pleased to announce the release of multiple new products to be sold under the Company’s FLI brand (“FLI”), beginning in Colorado with plans for expansion to California and other markets in the near future. Through its FLI brand, the Company will be launching the FLI Chocolate Shot (“Chocolate Shot”) and the Space Joint (“Space Joint”). The Company expects these innovative new products to drive additional sales and awareness of FLI’s product portfolio going forward.
The Chocolate Shot is an infused chocolate edible product that will be available in 5mg and 10mg THC doses. The product is the culmination of extensive in-house research and development that has resulted in a specifically engineered product designed to remain in a liquid form regardless of environmental conditions including extreme heat or cold. The Company believes the Chocolate Shot will drive significant sales growth due to its innovative technology and creative edible profile. According to BDS Analytics, cannabis-infused edibles products are one of industries fastest-growing product segments, with 12% growth year-over-year.
The Space Joint is a pre-rolled cannabis product featuring top-shelf flower and flavored distillate, created with best-in-class inputs for a superior taste and customer experience. The product has consistently tested at THC levels between 30% - 40%. Pre-rolls make up a significant portion of cannabis product sales in Colorado and have grown by 4% year-over-year according to BDS Analytics.
Jim Frazier, CEO of Nutritional High, commented, "We are very excited to be releasing the Chocolate Shot and Space Joint in Colorado and moving quickly into California and other viable legal states. These products were developed through diligent R&D, customer analytics and engineering methods that drive consumer experience. Our company strategy focuses on providing high-quality innovative cannabis products to our customers, and we are confident the release of these products will further bolster that strategy.” Our product development team is hard at work bringing new and innovative products to market as quickly as possible.
About Nutritional High International Inc.
Nutritional High is focused on developing, manufacturing and distributing products under recognized brands in the cannabis products industry, with a specific focus on edibles and oil extracts for medical and adult recreational use. The Company works exclusively through licensed facilities in jurisdictions where such activity is permitted and regulated by state law.
The Company follows a vertically integrated model with a fully developed strategy for acquisitions in extraction, production, sales, and distribution sectors of the cannabis industry. Nutritional High has brought its flagship FLÏ™ edibles and extracts product line from production to market in California through its wholly owned distributor Calyx Brands Inc., and Colorado where its products are manufactured by a licensed producer. The Company also owns a 50% interest in The Clinic Effingham (an Illinois dispensary), and is entering the Nevada, Washington State, Oregon and Canadian markets in the near future.
For updates on the Company’s activities and highlights of the Company’s press releases and other media coverage, please follow Nutritional High on Facebook, Twitter, Instagram and Google+ or visit www.nutritionalhigh.com.
For further information, please contact:
David Posner
Chairman of the Board
Nutritional High International Inc.
647-985-6727
Email: dposner@nutritionalhigh.com
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This news release may contain forward-looking statements and information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. There is no certainty that any of these events will occur. Although such statements are based on management's reasonable assumptions, there can be no assurance that such assumptions will prove to be correct. We assume no responsibility to update or revise them to reflect new events or circumstances.
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Additionally, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.