Source: GlobeNewswire

Press Release: Nutritional High International : FLI Product Manufacturer, Palo Verde, Reaches Settlement With Colorado Department of Revenue, Cleared to Continue and Expand Operations

TORONTO, Oct. 03, 2018 (GLOBE NEWSWIRE) -- Nutritional High International Inc. (the "Company" or "Nutritional High") (CSE: EAT, OTCQB: SPLIF, FRANKFURT:2NU) is pleased to announce that a settlement has been reached between Palo Verde LLC ("Palo Verde") and the Colorado Department of Revenue, Marijuana Enforcement Division ("MED") regarding Palo Verde's licensing status. The settlement is subject to final approval from Colorado's State Licensing Authority ("StateLicensing Authority"). Palo Verde operates a manufacturing facility in Pueblo, Colorado, which it leases from Nutritional High, and manufactures FLI-branded vape cartridges within the State. The Company previously announced Palo Verde had received a notice of denial ("NOD") from Colorado's MED in association with the renewal of its retail marijuana products manufacturer license ("Retail MIPs"), and with new applications for retail cultivation ("Cultivation") and medical marijuana infused products ("Medical MIPS") licenses (see press release date December 9th, 2017).

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John Durfy's photo - CEO of Nutritional High

CEO

John Durfy

CEO Approval Rating

90/100

Nutritional High is a medical cannabis company that produces and sells marijuana-infused oils, extracts, and edible products to the retail sector. Read more