Nutritional High Comments on Health Canada Statement
July 13th, 2015
News, Top News
Nutritional High International Inc. [stockquote symbol=SPLIF], a developer of products and brands in the marijuana-infused edibles and oil extracts sectors of the cannabis industry, recently announced its support for Health Canada’s recent statement on the Supreme Court’s decision to permit cannabis extracts in the market. The move is expected to open up new markets, while providing a new venue for the firm’s products.
“Cannabis oil extracts and edible products are a core of the company’s business and Nutritional High is pleased with the steps Health Canada is taking to regulate cannabis derivatives,” said Nutritional High International Inc. CEO David Posner. “In the United States, Nutritional High only conducts business in the states which have implemented adequate regulatory framework and this development provides another piece of the puzzle necessary to qualify Canada as an attractive market to target for potential expansion.”
In addition to the commentary on the new regulations, the company announced the results of its Annual General Meeting, including the election of each of the director nominees proposed by management.
Nutritional High is primarily focused on developing, acquiring and designing products and brands in the marijuana-infused edible products and oil extracts sectors for medical and adult recreational use. The Company works exclusively in U.S. states where such activity is permitted and regulated by state law, through entities which hold a valid license to produce marijuana-infused edible products and to distribute, and dispense marijuana products.
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