Naturally Splendid Highlights Protein Industries Canada ​ Supercluster Government Funding


Ryan Allway

February 27th, 2018

News


Naturally Splendid Enterprises Ltd. (“Naturally Splendid” or “NSE”) (TSX-V:NSP) (OTCQB:NSPDF) (Frankfurt:50N) is pleased to learn that Protein Industries Canada (PIC) has received funding from Canada’s federal department of Innovation, Science and Economic Development. PIC, as one of the successful industry “Superclusters”, will receive a portion of the $950 million allocated to this important, innovative initiative.

Naturally Splendid is pleased to be one of the core supporters of this program which will potentially open the doors for collaborative partnerships in ground breaking development of proprietary ingredients such as NSE’s HempOmega™ and  protein isolate. Based on our company’s initial commitment over the next five years, NSE could be eligible for matching funding of up to $2.5 million. By leveraging that with funds and technologies from other PIC participants, the impact to our company and our industry could be magnified significantly.

Naturally Splendid Director and Canadian Hemp Trade Alliance President Mr. Russ Crawford states, “The selection of the Protein Supercluster by the federal government represents a huge growth opportunity for western Canadian agricultures under developed value-added sector. The Canadian Hemp Trade Alliance and Naturally Splendid Enterprises are very excited about the implications for the hemp industry, as 100% of our hemp production is already processed prior to export. The value-added potential and market growth this funding represents will catapult the hemp industry due to its comparatively high-quality ingredient profile”

Naturally Splendid CEO Mr. Douglas Mason states, “Naturally Splendid has positioned our company to be an ingredient supplier of plant-based protein and omega products including cannabis extracts such as CBD. We are on the leading edge of scientific development of food fractionation and ingredient optimization and look forward to expanding the development of our Intellectual Property through this program. Our company is a very good fit with the PIC initiative in the area of Process Technology Innovation. The success of the PIC supercluster application, and our small role in its execution, could mean significant growth for our company. By having a diversified strategic plan that includes opportunities outside the cannabis space, we in fact create more opportunities for the Company while waiting for cannabis regulations to positively evolve in Canada and globally.”

“The target markets presented in the PIC application align perfectly with NSE’s product development strategy,” states NSE VP of Product Development, Bryan Carson. “Our product mix includes the four key markets of Food & Beverages, Infant Formulations, Personal Care & Cosmetics and Animal Feed. In addition, we are targeting Personal Health and Wellness and Senior’s Formulations.”
​ 
The Protein Industry Canada website states, “Plant-based protein is a $13 billion market opportunity. Outcomes from this cluster will be a new range of plant-derived foods, ingredients and feedstuffs of superior quality, commanding market premiums. 

PIC projects the global population to reach 9.8 billion people by 2050 with the largest growth in the middle class. This growing sector of more affluent consumers are looking for more plant-based protein in their diet. They also want sustainable and environmentally friendly sources of food.

The development of a “Silicon Valley for plant-based protein” in western Canada represents the potential for $40 billion in investment, 40,000 direct jobs and 120,000 indirect jobs.

About Protein Industries Canada

Protein Industries Canada (PIC) is an industry-led value chain consortium of small- to large-sized enterprises involved in food and food ingredient manufacturing, agriculture and food-related services, research and development, technology, economic development, finance and investment, education and training.

PIC is a not-for-profit corporation guided by a board comprising industry leaders and supported by Ag-West Bio and regional partners.

Vision: “To position Canada globally as a leading source of high-quality plant protein and plant-based co-products, developed in a carbon neutral production environment, while substantially contributing to Canada’s economic growth and international trade balance.”

Mission: “To mobilize Canada’s innovation and commercial cluster to collaborate in support of industry driven market priorities and needs.”

About Naturally Splendid Enterprises Ltd.

Naturally Splendid is a biotechnology and consumer products 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.

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


Network Partners

Follow Us on Social Media

About CFN Media

CFN Media (CannabisFN) is the leading creative agency and media network dedicated to legal cannabis. We help marijuana businesses attract investors, customers (B2B, B2C), capital, and media visibility. Private and public marijuana companies and brands in the US and Canada rely on CFN Media to grow and succeed.

CFN launched in June of 2013 to initially serve the growing universe of publicly traded marijuana companies across North America. Today, CFN Media is also the digital media choice for the emerging brands in the space.

Learn How Your Company can Be Covered on CFN Media

Learn More About the CFN Media Sponsored Content Program

Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: http://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: http://www.cannabisfn.com/legal-disclaimer/.

Copyright © TDM Financial LLC · All Rights Reserved · Privacy Policy · Legal Disclaimer

loading