Friday, August 17, 2018 1:45:49 AM
AND SUPPLY AGREEMENT FOR HEMP PRODUCTS
AUGUST 14th, 2018
CROP Infrastructure Corp. announces that it has signed a Letter of
Intent (“LOI”) with Naturally Splendid Enterprises Ltd. ("Naturally Splendid," “NSE” or “the
Company”)(FRANKFURT:50N)(TSX-V:NSP)(OTC:NSPDF) for the development and manufacturing
of The Hempire Co. “Hempire” and Tiffany “TiffCBD”, branded Hemp Seed, Hemp Protein Powder and
Hemp Oil product lines to be owned by CROP. Naturally Splendid and CROP are currently testing a
variety of existing as well as unique flavors and formulations created by NSP specifically for the Hempire
and TiffCBD Brands, some of which will have products enhanced with NSP’s HempOmega™.
Visit The Hempire and TiffCBD websites at: (www.thcco.com) and (www.tiffcbd.com)
Under the terms of the agreement, Naturally Splendid will create a variety of retail products, initially
based on hemp seed, protein and oil and will be expanded to include CBD (cannabidiol) fortified products
as regulations evolve to allow for cannabis extract, formulated products. These products will be marketed
and distributed though CROP’s growing distribution network.
HempOmega™ is a soluble powder created from microencapsulated hemp seed oil delivering essential
omega 3 and 6 fortification to a wide variety of products and beverages. It is a high-quality and
sustainable omega fatty acid alternative ingredient to fish oil. Due to its unique powder format, it solves
the formulation challenge manufacturers face when trying to add oil to existing products and has proven
to increase the bioavailability of omega fatty acids.
Michael Yorke, CEO of CROP Infrastructure states: “We are excited to be working with Naturally
Splendid who was an early mover in the Canadian Hemp market. We believe in the nutritional spectrum
and health benefits of hemp and adding a consumer goods vertical was a logical progression as consumer
data shows strong trends in plant-based foods and nutritional products. We are very pleased to bring our
Hempire brand to Canada which will now be under license in 3 US States and collectively 4 countries
worldwide.”
Craig Goodwin, President and director of Naturally Splendid states: “We are pleased to be working with
CROP to create quality white-labelled hemp products for the Hempire brand. Naturally Splendid and
CROP are developing several new hemp-based formulations that will be enhanced with our patented
HempOmega™ ingredient.”
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