October 17, 2018 – Vancouver, BC
New Age Brands Inc. (CSE:NF) (OTC:NWGFF) (FSE:ONF) (“New Age Brands” or the “Company”) is pleased to announce that the Company has begun development of a proprietary beverage flavoring line to accompany its rapidly expanding CBD infused water Fresh Water CBD. The new line will operate under the brand “Taste CBD”. This line will include a number of flavors that are currently being developed and analyzed. This product will be offered in a dropper delivery bottle and will be able to be added to just about any beverage of your choice. The Company is currently evaluating the size and CBD content the product line will be offered in.
Joshua Bartch, New Age Farm’s Chief Executive Officer, stated: “We are constantly innovating and thinking of the best way to expand our lines and introduce the best and easiest ways for our current and future customers to enjoy the benefits of CBD. We believe we will be able to drop this product in each and every of the over 200 stores that our Kured and Fresh Water product lines are currently available in as well as leverage our growing online presence. Our next product line will not only accompany our current beverage line but will also give the everyday consumer an easy and delicious way to enjoy the benefits of CBD. We are taking a proven concept of a product much like the MIO and adapting it to include a proprietary blend of fully water soluble CBD. This product will come in a number of flavors that are currently being tested and perfected. You’ll simply be able to add our flavoring to just about any beverage of your choice, drop the desired amount in and enjoy”.
The Company will update shareholders in the near future on further developments of this new product line.
About New Age Brands
New Age 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, New Age Brands has extensive
retail and cultivation land investments in Oregon.
For further information about New Age 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.
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.