Naturally Splendid Enterprises Ltd. (“Naturally Splendid”) (TSXV:NSP) (OTC:NSPDF) (Frankfurt:50N) provides the following update in regards to shipments of hulled hemp seed being exported to South Korea.

Naturally Splendid is pleased to announce a purchase order for a 40′ container of hulled hemp seed destined for South Korea has been processed. This is the second shipment of approximately 20 tonnes of hemp seed, being expedited to South Korea since March 3, 2020.

Naturally Splendid continues to receive increased interest from Southeast Asia who look to Canada for safe, efficacious food. The Company is leveraging this recent exporting of hulled hemp seed to South Korea, as a platform to discuss additional business opportunities for exporting product lines produced by Naturally Splendid to this region.

Company CEO Mr. J. Craig Goodwin states, “Naturally Splendid first exported containers of hemp seed to this region in 2016 and we are pleased to see these activities gaining traction once again. In addition to our day to day operations, followers of Naturally Splendid will know we have submitted a Clinical Trial Application (CTA) to Health Canada for a phase 2 clinical trial for a potential COVID- 19 treatment, through a proposed joint venture with Biologic Pharmamedical Research, as announced in a press release dated May 19, 2020. It is important to understand that while we pursue this opportunity for a potential COVID-19 treatment, existing divisions within Naturally Splendid continue to operate, including our Safe Quality Food Certified food manufacturing facility producing a variety of mostly plant-based based and bites for our company brands, as well as for our contract manufacturing clients”.