• Following last week's announcement of substantial growth to date in 2016 (+2,350% growth in sales compared to 2015), Naturally Splendid has announced earlier today the receipt of new, previously unreported purchase orders totalling $2.1 million CDN

• Therefore, the total value of all purchase orders to date in 2016 exceeds $9.2 million CDN

• This remarkable sales number already outshines 2015 sales by a staggering +3,000%
(compared to 2014 sales: +3,815%)

• The company is suddenly growing exceptionally fast on a consistent basis thus far in 2016:

Q1: $1.5 million CDN
Q2: $4.3 million CDN (+187% against Q1)
Q3: $3.6 million CDN (in the first three weeks of Q3)

CEO Craig Goodwin states in today's news:

"We are pleased to continue the pace we are on. We booked gross sales of $1,455,000 CDN in our first quarter of 2016 (Q1) and recently announced our second quarter (Q2) gross sales of $4,300,000 CDN. On June 20, 2016 the Company announced a Purchase Order of $1,450,000 CDN for the third quarter of 2016 (Q3) and now with this most recent Purchase Order of $2,100,000 CDN, total gross sales to date exceed $9,200,000 CDN. Our goal naturally, is to have Q3 exceed gross sales of Q2 and we are on a pace to reach that objective."

With 57.4 million shares issued and outstanding, Naturally Splendid is currently valued at $15.5 million CDN. If the sales growth rate so far in 2016 is any indication for the remaining months, the company could bag total sales of around $20 million CDN in 2016: A potential sales growth of +6,567% against 2015.

With an implied enterprise value ("EV") of $15.5 million CDN and projected sales of $20 million in 2016, Naturally Splendid currently has an EV/Sales multiple of only 0.78x. According to data from New York's Stern University, the following sectors had EV/Sales multiples significantly higher than Naturally Splendid's current multiple of 0.78x:

Therefore, when applying a conservative EV/Sales multiple of 2.65x, Naturally Splendid would trade at $0.72 CDN/share (+167%% from current market price).

When applying a multiple of 8.32x, as being the case with biotechnology drugs, Naturally Splendid would be fairly valued at $2.25 CDN/share (+733% from current level).

In case management succeeds in growing Q3/4 sales figures stronger than Q1/2, an even higher valuation appears plausible. As per today's news, Naturally Splendid may exceed expectations again.

When looking at the company's share price development over the last two years, the following remarks can be made:

(1) Volume in Canada and Germany is picking up significantly since last week's unexpectly announced mammoth sales growth.

(2) Share price appears to have bottomed recently at $0.25 CDN and appears ripe for another upswing to the $0.48 CDN level.

(3) The explosive spike in share price in early 2015 demonstrates that similar price action may occur again, especially when rising above the $0.35-0.48 CDN levels.

(4) MACD indicator looks bullish at the moment and another run up may occur anytime now.

According to a statement by Naturally Splendid:

"We looked at the history of hemp and came to one clear conclusion - it was time for a radical change."

To view the first graph associated with this release, please visit the following link:

http://media3.marketwire.com/docs/Graph-1.jpg

To view the second graph associated with this release, please visit the following link:

http://media3.marketwire.com/docs/Graph-2.jpg

The hemp, cannabis and healthcare sector is gaining momentum again, not only in North America but on a global scale, and as such an increased investor's interest has been noticed recently and is expected to accelerate in the foreseeable future.

Naturally Splendid is well-positioned to capitalize on this emerging market trend as being one of the first pioneering companies generating substantial sales.

Bottom-line: Naturally Splendid is poised to evolve as a leader in the global hemp space. The year 2016 is increasingly turning out to become the long awaited "company-making" year and as such should provide most upside potential for its shareholders.

Naturally Splendid continues to see increased interest for hemp food products in Asia. The company has made significant progress in the Asian region while attending tradeshows as Members of the Canadian Trade Delegation in Singapore and Seoul and more recently as official Members of the Premier's Trade Mission to Seoul, Manila and Tokyo, which was lead by British Columbia's Premier Christy Clark.

Naturally Splendid is positioning itself to export healthy foods and value added natural formulations globally. The global functional, allergen-free, organic and other healthy foods market will push through the $1 trillion (EUR770b) mark for the first time in 2017, as consumer interest in preventing illness via foods snowballs, says Euromonitor International.

More information on Naturally Splendid's products and markets can be read in our last week's introductory report, entitled Naturally Splendid announces 2016 sales figures: Already 2,350% growth since 2015.

Website from Naturally Splendid:

www.naturallysplendid.com
www.hempomega.com
www.simpliingredients.com
www.nateralife.com
www.pawsitivefx.com
www.chii.ca

About Naturally Splendid Enterprises Ltd.

Naturally Splendid is a multifaceted biotechnology company that is developing, producing, commercializing, and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrientdense foods, and related products. Naturally Splendid is building an expanding portfolio of patents (issued and pending) and proprietary intellectual property focused on the commercial uses of industrial hemp and non-psychoactive cannabinoid compounds in a broad spectrum of applications.

Naturally Splendid currently has six innovative divisions:

(1) Natera® brand of retail hemp superfood products currently distributed throughout North America and Asia;

(2) Chi Hemp Industries Incorporated (Chii) is selling natural and organic hemp products through e-commerce

(3) PawsitiveFX® brand of pet care products;

(4) Simlpi Plant-Based Ingredients Division of plant-derived bulk ingredients including patent-pending HempOmega®;

(5) The 12,000-square-foot POS / BPC Facility - which is managed for Naturally Splendid by POS Bio-Sciences - is positioned to offer commercial-scale custom processing solutions for biological materials, such as functional foods and natural health ingredients to a wide range of clients

(6) Hemp-based cannabinoid nutraceuticals.

The company's advanced technologies, industry expertise, and strategic partners allow for the creation of customized solutions with a consistent focus on quality and sustainability.

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SkyCapitalReport's and related interests:

The author(s) who produced this research note, Mike Rodgers, are/is employees of SkyCapitalReport. Naturally Splendid Enterprises Ltd. has not been visited by the authors. SkyCapitalReport and/or its employees and/or directors and associates hold equity positions in Naturally Splendid Enterprises Ltd. and reserve the right to acquire or dispose of such positions in the future. SkyCapitalReport has, or will, receive a cash compensation from Naturally Splendid Enterprises Ltd. to feature the company.

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Naturally Splendid Enterprises Ltd. is a Canadian company with a global focus on redefining hemp and CBD via bio technology.