TORONTO, Dec. 31, 2019 (GLOBE NEWSWIRE) -- Nutritional High International Inc. ("Nutritional High" or the "Company") (CSE: EAT, OTCQB: SPLIF) is pleased to announce its financial and business results for the first quarter ended October 31, 2019. Q1 2020 Q4 2019 Change Q1 2019 Change Revenue $6,694 $5,629 $1,065 $5,764 $930 COGS $5,122 $4,417 $705 $4,639 $483 Gross Profit $1,572 $1,212 $360 $1,125 $447 Gross Margin % 23.5% 21.5% 2.0% 19.5% 4.0% Lease and Interest Revenue* $47 $65 -$17 $1 $46 Operating Expenses $4,842 $6,532 -$1,690 $4,252 $590 Other Income (Loss) $104 -$6,666 $6,770 $4,539 -$4,435 Net and Comprehensive Income/(Loss) -$3,281 -$11,923 $8,642 $1,112 -$4,392 Earnings/(Loss) per Share -$0.000 -$0.033 $0.033 $0.004 -$0.004 All Figures in Thousands CAD, unless otherwise stated Green Therapeutics (Nevada) and Palo Verde (Colorado) financials are not consolidated in these results * Historically, revenue was derived from lease...

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.  Risks that may have an impact on the ability for these events to be achieved include completion of due diligence, negotiation of definitive agreements and...

TORONTO, Dec. 30, 2019 (GLOBE NEWSWIRE) -- Nutritional High International Inc. ("Nutritional High" or the "Company") (CSE: EAT, OTCQB: SPLIF) announces that the proposed amendments to the terms of the unsecured convertible debentures have been approved in accordance with the Management Information Circular dated December 3, 2019 at the meeting of the debenture holders held today. The unsecured debentures have been amended as follows: a reduction in the Conversion Price from $0.60 to $0.15 until maturity of the Debentures; and the...

TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) -- Nutritional High International Inc. ("Nutritional High" or the "Company") (CSE: EAT, OTCQB: SPLIF, FRANKFURT: 2NU) is pleased to announce the appointment of Robert Wilson as Chief Financial Officer of the Corporation. Throughout his career, Mr. Wilson has held senior positions in investment banking and private equity including BMO Nesbitt Burns, Mackie Research Capital, Yorkton Securities, Working Ventures Canada Fund and Temperance Capital Income Fund. Mr. Wilson has also served as senior executive and director of...

TORONTO, Dec. 13, 2019 (GLOBE NEWSWIRE) -- Nutritional High International Inc. ("Nutritional High" or the "Company") (CSE: EAT, OTCQB: SPLIF) is pleased to announce that Palo Verde LLC (“Palo Verde”), who manufactures and sells the Company’s FLI™ (“FLI”) branded products in Colorado under a licensing agreement, has won the LeafLink List 2019 award for the best-selling vaporizer in the nation. LeafLink, which is live in 25 territories across North America, created LeafLink List by analyzing the orders between 1,300+ cannabis brands...

TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) -- Nutritional High International Inc. ("Nutritional High" or the "Company") (CSE: EAT, OTCQB: SPLIF, FRANKFURT: 2NU) wishes to announce that its distribution business under Calyx Brands Inc. ("Calyx") will downsize under a new service model together with the termination of its distribution relationship with a subsidiary of Plus Products Holdings Inc. ("Plus").  The Company also announces the resignation of the Company’s CFO, Mike DiNapoli. In early 2018, Calyx entered into a distribution agreement with Plus...

Toronto, Ontario – December 2, 2019 – Nutritional High International Inc. ("Nutritional High" or the "Company") (CSE: EAT, OTCQB: SPLIF) announces that Andres Tinajero has stepped down as Director and Audit Committee Chair of Nutritional High in order to fulfil the obligations of a new employment position, effective immediately. “Andres first joined Nutritional High in 2017 and was instrumental in growing the Company over the past three years,” said Adam Szweras, CEO of Nutritional High. “On behalf of the Board, I...

TORONTO, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Nutritional High International Inc. ("Nutritional High" or the "Company") (CSE: EAT, OTCQB: SPLIF) is pleased to announce its financial and business results and wishes to provide highlights and commentary on the results for financial year ended July 31, 2019. FY 2019 FY 2018 Change Revenue $ 23,608 $ 5,815 $ 17,794 COGS $ 18,127 $ 5,051 $ 13,076 Gross Profit $ 5,481 $ 763 $ 4,718 Gross Margin % 23.2 % 13.1 % 10.1 % Lease and Interest Revenue* $ 119 $ 44 $ 75 Operating Expenses $ 25,949 $ 9,766 $ 16,183 Other Income (Loss) $ -6,203 $ -931 $ -5,272 Net and Comprehensive Income/(Loss) $ -27,358 $ -9,850 $ -17,509 Earnings/(Loss) per Share $ -0.09 $ -0.04 $ -0.052 All Figures in Thousands CAD, unless otherwise stated Green Therapeutics (Nevada) and Palo Verde (Colorado) financials are not consolidated in...

TORONTO, Nov. 21, 2019 (GLOBE NEWSWIRE) -- Nutritional High International Inc. ("Nutritional High" or the "Company") (CSE: EAT, OTCQB: SPLIF) is pleased to comment on the successful passing of the Marijuana Opportunity Reinvestment and Expungement Bill of 2019 (“MORE”) by the House Judiciary Committee. Yesterday, the House Judiciary Committee voted 24-10 to pass MORE, which has a high likelihood of approval in the House where Democrats control the chamber. The bill would effectively put an end to cannabis prohibition in the...

TORONTO, Nov. 11, 2019 (GLOBE NEWSWIRE) -- Nutritional High International Inc. ("Nutritional High" or the "Company") (CSE: EAT, OTCQB: SPLIF) is pleased to announce that Tom Kruesopon will be joining the Board of Directors, effective immediately. Previously, Mr. Kruesopon served as an advisor to the former Prime Minister of Thailand and was instrumental in legalizing cannabis for medical use. He currently serves as the senior advisor to Apple Wealth Holding Company, CEO of Tune Insurance, President of Panda Securities, and former...

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