Phoenix, Arizona–(Newsfile Corp. – October 23, 2019) – The Stock Day Podcast welcomed Nutritional High International Inc. (SPLIF) (“the Company”), a company 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. CEO of the Company, Adam Szweras, joined Stock Day host Everett Jolly.
To begin the interview, Jolly asked about the Company’s distribution out of California, which has been responsible for a majority of their increasing revenues. “Our distribution has been our growth engine,” said Szweras. “We’re actually on a run rate of $25 million now, so this year has shown explosive growth,” added Szweras. He also shared that the Company has recently onboarded nine new distribution clients and is in discussion with several additional clients. “We think that we’re going to have significant growth from there.”
Jolly then asked about the Company’s recent agreements with Golden Triangle and Extract Solutions. Szweras explained that the Company’s manufacturing is primarily centered around Nevada, Colorado, and Oregon, with an additional manufacturing center coming onboard in California. He further explained that the partnership with Golden Triangle will help the Company bring both THC and CBD products to the North American market.
The conversation then turned to the Company’s growth strategy over the next two to three quarters. “We’re actively looking to reorganize some of our business to ensure that we have distinct teams on the manufacturing and branded products side, as well as the distribution side,” explained Szweras. “It’s very important to us, and our clients, that our distribution platform is an even playing field and that we can continue to provide a level of service in transparency and fairness,” added Szweras.
Jolly then asked about the Company’s international expansion. Szweras explained that this expansion has been made possible through the Golden Triangle partnership. The Company has been working to develop brand offerings, especially in regards to attracting Asian brands that are looking to break into the North American market. “We’re going to be working with them in a way that we have limited risk because they will be paying us to work on this with them. Ultimately, the best products will be brought to market,” shared Szweras.
Jolly noted that the Company’s stock price seems exceptionally undervalued given their revenues and value. “Would you say that your stock is undervalued compared to your peers?”, asked Jolly. “We’re significantly undervalued in my view,” replied Szweras, adding that the Company’s stock price was actually higher prior to their increasing revenues.
“What do you want my listeners and your shareholders to take away from this interview?”, asked Jolly. “We’re here for the long term,” said Szweras. “Distribution and manufacturing and branded products are two symbiotic pieces; they have to be working together. We do both well,” said Szweras. “We’re partnering up with brands around the world to bring the best products to market for our distribution channels,” closed Szweras.
To hear Adam Szweras’ entire interview, follow the link to the podcast here: https://audioboom.com/posts/7403957-nutritional-high-international-inc-joins-the-stock-day-podcast-to-discuss-their-expansion-strategy
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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 with 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 through its wholly owned subsidiaries in California and Oregon, as well as Colorado where its FLÏ™ products are manufactured by a third-party licensed producer. In California, the Company distributes its products and products manufactured by other leading producers through its wholly owned distributor Calyx Brands Inc. and is entering the Nevada, Washington State 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 and Instagram or visit www.nutritionalhigh.com.
For further information, please contact:
David Posner
Chairman of the Board
Nutritional High International Inc.
647-985-6727
Email: [email protected]
Ethan Karayannopoulos
Director, Investor Relations
Nutritional High International Inc.
416-777-6175
Email: [email protected]
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR OTC MARKETS GROUP INC., NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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. The statements relate to potential market expansion and the use of the proceeds of the Offering. Risks that may have an impact on the ability for these events to be achieved include completion of due diligence, negotiation of definitive agreements and receipt of applicable approvals. 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.
The Company’s securities have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. Persons”, as such term is defined in Regulation S under the U.S. Securities Act, absent registration or an applicable exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful.
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. Some of the risks and other factors that could cause actual results to differ materially from those expressed in forward-looking information expressed in this press release include, but are not limited to: obtaining and maintaining regulatory approvals including acquiring and renewing U.S. state, local or other licenses, the uncertainty of existing protection from U.S. federal or other prosecution, regulatory or political change such as changes in applicable laws and regulations, including U.S. state-law legalization, market and general economic conditions of the cannabis sector or otherwise.
About The “Stock Day” Podcast
Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America. Stock Day recently launched its Video Interview Studio located in Phoenix, Arizona.
SOURCE:
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