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Wednesday April 27th, 2016
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Nutritional High International, Inc. (SPLIF)
SmallCapVoice and SECFilings.com News reported previously onNutritional High International, Inc. (SPLIF), and we report on the Company today, here at the QualityStocks Daily Newsletter.
Nutritional High International, Inc. centers on developing, manufacturing, and distributing products and nationally recognized brands in the hemp and marijuana-infused products industries. This includes edibles and oil extracts for nutritional, medical, as well as adult recreational use. The Company is based in Toronto, Ontario. Nutritional High International lists on the OTC Markets Group’s OTCQB.
It works exclusively through licensed facilities in jurisdictions where such activity is permitted and regulated by state law. Nutritional High International says that it has a scalable, royalty-based business model with infrastructure and expertise to consistently ensure product quality.
Regarding its Marijuana-Infused Products segment, Nutritional High International concentrates on developing, acquiring, and designing Marijuana-Infused Products (MIPs) and Marijuana Concentrate products and brands. In this segment, the Company is establishing operations in Colorado and Illinois. It is working to expand into additional U.S. States in support of its business strategy to establish some of the first nationally-recognized brands for MIPs.
Concerning its Hemp-Infused Products segment, it launched the initial product in its Active Hemp category under the brand of “Nutritional Traditions”. In addition, pertaining to its Hemp-Infused Products segment, first distribution will center on California and Colorado through cannabis-related retail stores: medical marijuana dispensaries, vape lounges and headshops; and Food Supplement retail stores (such as vitamin stores, supplement stores, and more).
Last month, Nutritional High International announced that it amended the terms of its exclusive licensing agreement with Purple Haze Properties LLC (PHP). The Company may manufacture and distribute diverse marijuana and hemp-infused edible products using the song titles and bearing the likeness of iconic guitarist Jimi Hendrix, as described in Nutritional High International’s press release dated June 8, 2015.
Mr. David Posner, Nutritional High International’s, Chief Executive Officer, said "We're pleased to continue our partnership with Purple Haze Properties as we work to roll-out our products in the United States. The use of Jimi Hendrix's iconic imagery and song titles will surely attract product sampling and sales, thereby allowing us to demonstrate our superior taste, dosing consistency and quality.”
Nutritional High International, Inc. (SPLIF), closed Wednesday's trading session at $0.0297, even for the day. The average volume for the last 60 days is 48,353 and the stock's 52-week low/high is $0.017/$0.0986.
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