FORT LAUDERDALE, FL, Nov. 28, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – SanSal Wellness Holdings, Inc. (“SanSal Wellness” or the “Company”) (OTCQB: SSWH), a vertically-integrated agribusiness focused on producing full spectrum natural phytocannabinoid-rich industrial hemp extracts, is pleased to announce an expansion of the production line at its 140-acre farm and manufacturing facilities in Pueblo, Colorado. Production line capacity is expected to increase fivefold (5x) following the upgrades. The Company anticipates that the equipment installation and improvements will be completed by end of December.
Alexander M. Salgado, CEO and co-founder of SanSal Wellness, commented, “Building and maintaining SanSal’s reputation as a trusted industry leader and valued production partner is essential to the company’s continued success. Our latest investments into newer faster machinery at our Colorado facility will significantly increase our overall production line speed and capacity. These upgrades will enable us to quickly deliver both high quality and high volume to meet demand from our own Veritas Farms™ brand, retailers, white label distributors, and wholesale customers.
Mr. Salgado concluded, “This additional production speed and capacity will also allow us to launch many potential new products and formulations from our growing development pipeline. We anticipate that SanSal Wellness and the Veritas Farms brand will continue to build momentum for the remainder of 2018 and start 2019 year on our strongest footing ever.”
SanSal Wellness and Veritas Farms™ brand full spectrum hemp extract products include vegan capsules, tinctures, formulations for sublingual applications and infused edibles, lotions, salves, vape oils and pre-filled vape cartridges, and oral syringes in a variety of size formats and flavors. All SanSal Wellness and Veritas Farms™ brand products are third-party laboratory tested for strength and purity.
For additional information and product purchase, visit www.sansalwellness.com and www.theveritasfarms.com.
About SanSal Wellness Holdings, Inc.
SanSal Wellness Holdings, Inc. (OTCQB: SSWH) is focused on producing superior quality, whole-plant, broad spectrum phytocannabinoid-rich hemp oils and extracts. SanSal Wellness currently operates a 140-acre farm and production facilities in Pueblo, Colorado, and is registered with the Colorado Department of Agriculture to grow industrial hemp. SanSal Wellness sells products under its Veritas Farms™ brand and also manufactures private label products for a number of leading distributors and retailers. The Company files periodic reports with the Securities and Exchange Commission, which can be viewed at www.sec.gov.
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Cautionary Language Concerning Forward-Looking Statements
This SanSal Wellness Holdings, Inc. press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to the Company’s mission statement and growth strategy, are “forward-looking statements.” Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve many risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update any of the information contained or referenced in this press release.