NSAV Holding Inc (NSAV)

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https://www.otcmarkets.com/stock/NSAV/news/NSAV-ANNOUNCES-PLANS-TO-LAUNCH-HEMP-GROW-OPERATION-IN-CHINA?id=219964

NSAV ANNOUNCES PLANS TO LAUNCH HEMP GROW OPERATION IN CHINA
Press Release | 03/01/2019

Net Savings Link, Inc. (OTC: NSAV), a medical cannabis technology company, announced today that the Company is launching a major hemp grow operation in China. The project will include both growing facilities and providing state of the art technology to its Chinese hemp partners. The hemp grow operation will be located in Harbin, the capital of Heilongjiang Province. In 2017, Harbin hosted the International Conference on Hemp Industry, which was one of the largest hemp events ever held. https://hempconsult.com/the-comeback-of-hemp-in-china/ . NSAV expects approval of the hemp grow license by Chinese authorities within the next 30 days. The Company will be joined in the hemp grow operation by international Chinese conglomerate AMC Shanghai. China is the world's largest producer of hemp and the cultivation area in the Chinese Province of Heilongjiang alone has grown to more than 74,000 acres in 2017, an acreage comparable to the overall hemp cultivation area in Canada or in Europe. And the plans of the Province officials are to even double the acreage in 2018. The U.S. is the globe's largest consumer of hemp.



Further, China is the world's largest producer of cannabis sativa seeds, accounting for nearly 40% of global production. In addition, Chinese companies have 309 out of the 606 patents filed around the world that relate to cannabis and hemp. These statistics, combined the Company's foothold in China, provide NSAV with a major advantage over it competitors in the global hemp market.



James Tilton, president of NSAV stated, "I am thrilled that after nearly two years of negotiations, it finally looks like we will be able to grow hemp in China. The government officials in Heilongjiang Province are committed to becoming one of the leading hemp producing areas in the world. This is truly great news for NSAV and its shareholders."



NSAV's vision is the establishment of a fully integrated technology company that provides turnkey technological solutions to the legal medical cannabis and hemp industries, as well as other areas of the medical industry. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, advisory services, financial services, patents and trademarks and information technology.



For further information, please contact NSAV at 1 [phone]



The NSAV corporate email address is [e-mail]



The NSAV corporate website can be accessed at http://nsavholdinginc.com



The NSAV Twitter account can be accessed at https://twitter.com/NSAV_MJTechCo



The NSAV Facebook account can be accessed at https://www.facebook.com/NSAVHolding



This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link, Inc. or any other person.