Mississauga, ON -- (SBWIRE) -- 02/11/2014 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Naturally Splendid Rebranding May Be Paying Off.”
Companies mentioned in this article include Naturally Splendid Enterprises (TSX-Venture:NSP).
It doesn’t seem possible for an investor to look at news feeds in recent months without seeing countless headlines about marijuana. With legislation changing in Canada and 20 U.S. states and the District of Columbia approving cannabis for use in one form or another, companies are popping up out of the woodwork with new initiatives to capitalize on the exploding industry. Nearly everyone is talking about how their favorite company is going to be the go-to name in the medical or recreational marijuana business. Hey, pot stocks are on a tear, so have at it, just take the time for due diligence.
Looking at some other news today highlighted a growing industry in the marijuana business; that of hemp. Hemp is a distinct variation of the cannabis stavia plant (with only about 1 percent of the psychotropic chemical THC) that is grown for a variety of uses, including, but limited to, linen, paper, rope and for its nutrients. The plant has been grown and consumed for centuries as it qualifies as a complete source of proteins, meaning that it contains all eight essential amino acids in sufficient quantities to meet the body’s needs.
Sales of hemp products are growing strong, with Canadian exports rising 64 percent from $20.9 million in 2012 to $34.2 million through October 2013. If the pace was maintained in November and December, exports doubled year-over-year. Nearly all of the exports went to the United States.
British Columbia-based Naturally Splendid Enterprises (TSX-Venture:NSP) is focused on the nutritional components of hemp, offering a full line of “superfood” hemp-based products under the NATERA™ brand. Superfoods are defined as products that are very dense in nutrients, yet low in calories, making them popular with health-conscious individuals. The products, which are sold it major retail and specialty stores across Canada, include plain and flavored shelled hemp seems and protein powders. The products can be found in Urban Fare, Sobeys, Save On Foods, Marketplace IGA and London Drugs, just to name a few.
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