Natural Splendid Enterprises (TSX-V: NSP) grew revenue 25x through international markets and is the only publicly-traded company in the world offering investors an opportunity to gain exposure to the hemp-based healthy foods and omega markets.
In 2016, the global hemp market exceeded $1 billion and the global omega-3 foods market was valued at $37 billion.
For the last 10 years, NSE has been working on CBD (Cannabidiol) products, which are essentially products derived from hemp.
In fact, earlier this year the company launched their line of CBD products in Japan and expects to expand in more countries as regulations surrounding the use of CBDs evolve.
According to NSE, the United States market for CBD products is estimated to reach $2.1 billion by 2020.
Summary of Market Opportunities:
- Global Hemp Market (2016): $1 billion
- Global Omega-3 Foods Market (2016): $37 billion
- US CBD Market (Estimate by 2020): $2.1 billion
In the last 24 months, the company has been gaining significant presence in the international food markets, attending tradeshows and signing definitive agreements with overseas distributors. As a result of several trade deals with German and Korean-based companies, NSE’s revenue in 2016 increased 25 times over the previous year, from $301,523 in 2015 to $7,346,746 in 2016.
2017 International Market Achievements:
- On November 9, 2017, NSE began shipping NATERA® branded products to Australia
- In June 2017, the company signs German Distributor Soletek GmBH and ships initial purchase order
- In May 2017, NSE signed an LOI with Lexaria’s Ambarii Corp to Distribute CBD products in Japan and South Korea
In the domestic market, the company’s retail brands NATERA®, CHII™ and PawsitiveFX™ is beginning to contribute more than years prior as these brands gain market share. In addition, as a result of their successful commercialization of proprietary Omega EFA technology (HempOmega™), the company secured multiple clients in the pet foods industry.
2017 Domestic Market Achievements:
- In Optober 2017, NSE acquired Prosnack Natural Foods Inc. for $333,835
- In April 2017, the company signs a definitive agreement with Canature to develop HempOmega™ pet food and treats
The last 24 months for NSE has been exciting, particularly the company’s achievements within the Asian market. The Asian markets for hemp-based and omega foods are increasing rapidly, and regulations surrounding the use of CBDs have been easing (as seen with the company’s recent business deals in Japan).
Naturally Splendid Enterprises (NSE or The Company) 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 & pending) and proprietary intellectual property focused on the commercial uses of industrial hemp and non-psychoactive cannabinoid compounds in a broad spectrum of applications.