VANCOUVER, British Columbia, July 23, 2019 (GLOBE NEWSWIRE) -- NewLeaf Brands Inc.’s (CSE:NLB) (NLBIF) (FSE:0NF) (“NewLeaf Brands” or the “Company”) wholly owned subsidiary, We Are Kured, is pleased to announce that the company plans to launch the Veteran Pen (“Veteran Pen”) as well as introduce a Veteran charity program. The Veteran Pen, a mint flavored pen which will come in a camouflage color scheme and will be added to the expanding We Are Kured product offerings. These 500mg disposable pen will come equipped with a micro USB and the oil will be infused with Eybna’s mint terpenes. The Company will donate a portion of the proceeds from the sale of the Veteran Pen to select charities that directly benefit veterans all over the United States.
Chief Executive Officer of NewLeaf Brands, Josh Bartch, commented, “As a company it is imperative that we pay close attention to our customers and identify the best way that not only our products can be of help but also on how we can help give back and play our part. We have seen a drastic increase in the amount of veterans that our product lines have helped in a multitude of areas they struggle with derived from their loyal and honorable service, such as help with sleeping, PTSD and of course pain management. Roughly twenty-two Veterans in the United States alone commit suicide every single day and to me this number is staggering. Not only are we introducing a pen specifically tailored to the men and women that have served but also we look forward to taking a chunk of the proceeds and donating it to charities that directly help our veterans.”
ABOUT NewLeaf Brands
NewLeaf Brands is an innovative Cannabidiol (“CBD”) lifestyle Company. Through the Company’s wholly owned subsidiaries We are Kured and Drink Fresh Water, the Company’s main business activities encompass the development, marketing and distribution of CBD products (including vaporizer pens and beverages) throughout the United States and internationally. In addition, NewLeaf Brands has extensive retail and cultivation land investments in Oregon.
For further information about NewLeaf Brands, please consult the Company’s profile on SEDAR at www.sedar.com or visit the Company’s website at www.NABrandsInc.com. For further information about We Are Kured, please visit their website at www.wearekured.com.
|On Behalf of the Board of Directors||For Further Information Contact|
Chief Executive Officer
We Are Kured Contact:
Founder & CEO
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to completion of planned improvements at both the Canadian and US sites on schedule and on budget, the availability of financing needed to complete the Company’s planned improvements on commercially reasonable terms, planned occupancy by the tenant-growers, commencement of operations, differences in yield on expected harvests, delays in obtaining statutory approval for marijuana production plans, issues that may arise throughout the grow period, outdoor crops affected by weather, the ability to mitigate the risk of loss through appropriate insurance policies, and the risks presented by federal statutes that may contradict local and state legislation respecting legalized marijuana. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
This news release does not constitute an offer of securities for sale in the United States. These securities have not and will not be registered under United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to a U.S. Person unless so registered, or an exemption from registration is relied upon.