World News: 13:30 GMT Friday 12th October 2018. [New Age Farm Inc. via Globe Newswire via SPi World News]
VANCOUVER, British Columbia, Oct. 12, 2018 (GLOBE NEWSWIRE) -- (CSE:NF) (OTC:NWGFF) (FSE:ONF) (“New Age Farm” or the “Company”) is pleased to announce that its wholly owned subsidiary, Drink Fresh Water LLC, was included in an article published by USAToday.com. The article, “What is CBD? And why is the cannabis-derived ingredient on the rise for wellness products?” published on Wednesday, October 10, 2018, addresses how CBD is on the rise throughout the United States and the many intended health benefits.
Benjamin Martch, New Age Farm’s Chief Marketing Officer and founder and Chief Executive Officer of We Are Kured LLC stated: “As we predicted, CBD infused drinks and products will be the topic of international conversion. Acquiring Fresh Water is proving to give an even industry awareness”.
See more information at https://www.usatoday.com/story/life/wellness/2018/10/05/cbd-cannabis-marijuana-therapy-wellness-food-pets/1459285002/
New Age Farm is an agricultural services company offering unique turnkey growing infrastructure and services for licensed growers and processors of luxury marijuana crops at its agri-campuses in Washington State. In November 2012, the Washington State Liquor and Cannabis Board (“WSLCB”) passed Initiative 502 (“I-502”). I-502 authorized the WSLCB to regulate and tax recreational marijuana products for persons over twenty-one years of age and thereby created a new industry for the growing, processing and selling of Washington State-regulated recreational marijuana products. New Age Farm provides innovative solutions for growers and processors in this burgeoning industry.
Kured is a wholly owned subsidiary of New Age Farm, acquired in December 2017. Kured is building aninnovative online CBD and lifestyle company. Kured has partnered with best in class hemp cultivators, edible manufacturers, cutting edge product formulators to develop, market and distribute multiple lines of CBD products including, but not limited to, CBD vaporizer pens, topicals, gel capsules and more. All of Kured’s products are 100% THC free and will be available for purchase internationally. THC, or tetrahydrocannabinol, is the primary active ingredient in cannabis.
For further information about New Age Farm, please consult the Company’s profile on SEDAR at or visit the Company’s website at . For further information about We Are Kured, please visit their website at
Joshua Bartch Chief Executive Officer
Ben MartchFounder & CEO
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.
A photo accompanying this announcement is available at
Globe Newswire: 13:30 GMT Friday 12th October 2018
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