CRESCO, PA–(Marketwired – Jun 13, 2017) – NSAV Holding, Inc. (OTC: NSAV) announced today that the Company has made significant progress in its plan to develop and market a premium line of hemp beer in both the U.S. and China. NSAV has already begun construction of its hemp beer e-commerce website, which will feature both an English and Chinese version. NSAV will use a proprietary formula that it will jointly develop with a leading U.S. hemp company. This will ensure both the quality and uniqueness of the Company’s hemp beer brand. NSAV believes that its Tiger Hemp beer brand will be a huge hit with the Chinese population. China is the world’s largest consumer of beer.
NSAV also announced today that it is in talks with leading China based online wholesaler Amanda International Group, http://www.gzamanda.com . Among the projects being discussed is a 20,000 square meter warehouse and distribution facility in Pennsylvania. The facility would be a joint venture between NSAV and Amanda.
The Company presently has two locations in Shanghai and feels that it is poised for future expansion in the world’s most populous country and second largest consumer market.
James Tilton, president of NSAV stated, “Hemp beer is a rapidly growing industry and we won’t be left behind. Unlike most of our competitors, we won’t simply infuse our beer with hemp, we will make it from hemp.”
Mr. Tilton went on to state, “It is truly an honor to have the opportunity to work with an industry giant like Amanda. With Pennsylvania being part of the tri-state area and home to tens of millions of residents, I couldn’t think of a better location for a warehouse and distribution center for Amanda’s quality consumer goods.”
NSAV’s vision is the establishment of a fully integrated technology company that provides turnkey technological solutions to the legal medical cannabis and hemp industries, as well as other areas of the medical industry. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, advisory services, financial services, patents and trademarks and information technology.
For further information please contact NSAV at 1 (570-595-2432) or [email protected]
The NSAV corporate website can be accessed at http://www.nsavholdinginc.com
The NSAV Twitter account can be accessed at https://twitter.com/NSAV_MJTechCo
The NSAV Facebook account can be accessed at https://www.facebook.com/NSAVHolding/
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of NSAV Holding, Inc. to accomplish its stated plan of business. NSAV Holding, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by NSAV Holding, Inc. or any other person.
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