Naturally Splendid Enterprises Ltd (CVE:NSP) (OTCMKTS:NSPDF) (FRA:50N) announced Wednesday that it has received another hemp purchase order in South Korea.
The company said the order is for another 20 tonnes of hulled hemp seed -- representing the fourth shipment to South Korea since March 2020.
With the continuing news and activity surrounding increased consumer demand for plant-based nutrition, Naturally Splendid said it is worth noting that hemp has the most digestible protein of any plant on earth.
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It added that these shipments of hulled hemp seed are well aligned with the company's continued focus on plant-based nutrition.
CEO J. Craig Goodwin noted that according to The Korea Vegetarian Union (KVU), there are about 500,000 strict vegans in the country and about 1.5 million who pursue similar diets.
“The number of ‘flexitarians', those who follow an increased plant-based diet, is rapidly rising as well,” Goodwin said.
“It is estimated that as many as 10 million people, representing approximately 20% of South Korea's total population consider themselves flexitarians. This is further evidence that a diet increasingly focused on plant-based nutrition, continues to gain in popularity with consumers over a broad demographic. Naturally Splendid looks forward to pursuing these developing opportunities."
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