Nutritional High International Inc.

Nutritional High International Inc.

June 11, 2015 14:26 ET

Nutritional High Applauds Supreme Court of Canada Ruling and Announces Board Changes

TORONTO, ONTARIO--(Marketwired - June 11, 2015) - Nutritional High International Inc. (the "Company" or "Nutritional High") (CSE:NHL)(OTCQB:SPLIF) applauds Supreme Court of Canada's ruling to dismiss Crown's appeal in the case of R. v. Smith, effectively removing restrictions on possession of cannabis derivatives for medical purposes. The court has ruled that "restricting medical access to marihuana to its dried form is inconsistent with the Charter. It follows that to this extent the restriction is null and void."(1)

(1) R. v. Smith, 2015 SCC 34; June 11, 2015;

David Posner, CEO of Nutritional High commented - "We are very pleased with the Supreme Court's decision to expand the definition of cannabis to include derivative products. Being a Canadian company, this inclusion presents new opportunities to Nutritional High at home, as marijuana-infused products and oil extracts are our core specialty. We will evaluate potential ways to leverage our expertise that we've developed in the United States in Canada, as the regulators implement additional licensing measures."

Board Changes

Nutritional High has also appointed Bill Morrison to the Company's board of directors, replacing Michael Dacks. Nutritional High would like to thank Mr. Dacks for his services and wishes him well in his future endeavors.

Mr. Morrison started his career in the cannabis sector by co-founding The Union Collective in California, which quickly became a successful medical cannabis collective in the county. He also founded Capstone Analytical LLC, which was one of the first thin layer chromatography cannabis testing facilities in the Bay Area, where he developed proprietary software for testing cannabinoid potency. In 2011 Mr. Morrison was appointed as a Chief Technology Officer of Temez Extracts/Pure Vape, where he devised closed loop extraction methods that analyzed analytical grade N-Butane and further leveraged sub-critical, refined CO2 extraction. At Pure Vape he also spearheaded a partnership with Dragon Vape to become the second largest producer of refined cannabis extracts in prefilled e-cigarettes in California. Mr. Morrison's most recent appointment is a Chief Technology Officer of Peloton Pharmaceuticals, a Canadian MMPR applicant, where he was responsible for designing, developing and deploying nearly autonomous grow system focused on producing pharmaceutical grade cannabis. Mr. Morrison holds an MBA in International Business from the University of the Incarnate Word in San Antonio, Texas and Bachelor degree in Business Administration from the University of Texas, also in San Antonio.

David Posner, CEO of Nutritional High commented - "We are very pleased to have Billy join our board. His expertise in extraction will be invaluable to Nutritional High as we continue to roll-out our edibles and oil extracts business."

Nutritional High has granted an aggregate of 400,000 incentive stock options to Bill Morrison. Each option is exercisable into one common share at an exercise price of $0.10 per share and expires on the fifth anniversary of grant.

Nutritional High has also issued 66,667 common shares to an individual who owns 2% stake in NH Medicinal Dispensaries Inc. ("NHMD"), an indirect 98%-owned subsidiary of Nutritional High in exchange for an indemnity, which was required for the submission of the Registration Package for a medical cannabis dispensary that NHMD is establishing in Lawrenceville, Illinois.

About Nutritional High International Inc.

Nutritional High is primarily focused on developing, acquiring and designing products and brands in the marijuana-infused edible products and oil extracts sectors for medical and adult recreational use. The Company works exclusively in U.S. states where such activity is permitted and regulated by state law, through entities which hold a valid license to produce marijuana-infused edible products and to distribute, and dispense marijuana products.

For updates on the edibles industry and highlights of the Company's press releases and other media coverage, please follow Nutritional High on Facebook, Twitter, Instagram and Google+.


This news release may contain forward-looking statements and information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Such statements include submission of the relevant documentation within the required timeframe and to the satisfaction of the relevant regulators, completing the acquisition of the applicable real estate and raising sufficient financing to complete the Company's business strategy. There is no certainty that any of these events will occur. Although such statements are based on management's reasonable assumptions, there can be no assurance that such assumptions will prove to be correct. We assume no responsibility to update or revise them to reflect new events or circumstances.

Company's securities offered have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or "U.S. Persons", as such term is defined in Regulation S under the U.S. Securities Act, absent registration or an applicable exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful.

Additionally, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

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