October 15, 2018 – Vancouver, BC
New Age Brands Inc. (CSE:NF) (OTC:NWGFF) (FSE:ONF) (“New Age Brands” or the “Company”) is pleased to announce its wholly owned subsidiary, We Are Kured LLC (“Kured”), has received its first order from its Latin American subsidiary and has successfully shipped out the order of their new 500mg disposable vaporizer pens. Additionally, numerous retailers have expressed interest in the Company’s Fresh Water CBD product. Arrangements are being made for shipment of this product into South America as well.
Yves Yon, managing director of Kured Latin America LLC, stated: “We are excited to bring the first high‐quality Full Spectrum Hemp Oil disposable vaporizer pen to Chile. Based on conclusive results of an extensive test market, we anticipate both retail and online consumers to quickly migrate from imported CBD oil drops to the Kured product line”.
Joshua Bartch, New Age Farm’s Chief Executive Officer, stated: “We’re very excited to receive and ship out our first order to our Latin American division. We’ve spent a lot of time evaluating and executing our plan to include an international and Latin American division. We feel like this is just the beginning of something great and look forward to expanding our reach further”.
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.