Hemp firm seeks public investment

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Published: November 16, 2012

EDMONTON — Naturally Splendid hopes to be the first publicly traded hemp food company in the world.

Craig Goodwin, chief executive officer of the British Columbia firm, hopes investors’ will be attracted by the company’s products.

“A core group of people will want to invest in a environmentally friendly, natural food company,” he said.

“The core objective is to get great tasting food, healthy tasting super foods, out to the general public. A public company is the best way to attain that goal.”

Race Capital, a capital pool company, will use a reverse takeover mechanism to raise $1.75 million.

Naturally Splendid sells its hemp seed, hemp oil, hemp protein and hemp supplements in 200 stores, but it hopes to have its products in 2,500 stores within a year.

“Hemp has massive potential in the natural healthy food category, and it is very attractive to investors right now,” said Goodwin.

A public company is one of the few ways consumers can be owners in a company, he added.

“We hope people who taste the product will eventually become investors in the product.”

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