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We Are Kured Expands Into South America and Appoints Managing Director of Kured Latin America LLC

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VANCOUVER, British Columbia, Sept. 13, 2018 (GLOBE NEWSWIRE) -- New Age Farm Inc. (CSE:NF) (OTC:NWGFF) (FSE:ONF) ("New Age Farm" or the "Company") is pleased to announce that its wholly owned subsidiary, We Are Kured, LLC ("Kured") has expanded into South America by launching "Kured Latin America LLC" and electing a managing director to spearhead the new expansion.  The Company previously announced that it had been in talks with multiple distributors throughout South America and after further discussion has elected to expand into the region.

In connection with the expansion, the Company has appointed Mr. Yves Yon as managing director of Kured Latin America LLC.  Mr. Yon is a global disruptive technology entrepreneur and a niche marketer, specializing in EBDTOs (Emerging Business & Disruptive Technology Opportunities), global brand management and emerging markets.

Mr. Yon is a founder and chief executive officer of a consortium of companies in Latin America, offering management consulting services and focusing on global brand management, niche marketing, growth start-ups and organizations seeking to develop, implement and optimize result-oriented global strategies, increase revenue and profitability, and sustain wealth. His firms also offer pro bono global consulting for "green" non-profit organizations.  Mr. Yon also founded PT Compliance and has successfully developed and implemented the PTC-Safe Harbor Cannabis Banking Platform, the first and only legal and compliant cannabis banking program in the USA.  Through his extensive exposure to cross-cultural practices and international business, particularly in Asia-Pacific, India, Western Europe, USA & South America, he has built a strong global strategic professional network, bringing a wealth of experience to his commitment with Kured.

Additionally, Mr. Yon acts as a mentor/advisor for the South Florida-based Incubate Miami, part of the TechStars Network, and Start-Up Chile, a program of the Chilean Government to attract world-class early stage entrepreneurs to start their businesses in Latin America. The incubators provide foundational support for early stage companies seeking to create market opportunities in innovative business, science and technology in both North and Latin America. In connection with his work at the Incubators, Mr. Yon participates in panels, suggests and presents topics of discussion, and provides feedback to emerging businesses in order to nurture the burgeoning innovative businesses in the USA and the Latin America region.

Benjamin Martch, New Age Farm's Chief Marketing Officer and founder and Chief Executive Officer of Kured stated: "After researching and negotiating with a handful of distributors in international regions, we feel the Latin American geographic location will prove to be the most beneficial for Kured. Starting with Chile, we will then be focusing on expansion throughout the region."

About New Age Farm

New Age Farm is an agricultural services company offering unique turnkey growing infrastructure and services for licensed growers and processors of luxury marijuana crops at its agri-campuses in Washington State. In November 2012, the Washington State Liquor and Cannabis Board ("WSLCB") passed Initiative 502 ("I-502"). I-502 authorized the WSLCB to regulate and tax recreational marijuana products for persons over twenty-one years of age and thereby created a new industry for the growing, processing and selling of Washington State-regulated recreational marijuana products. New Age Farm provides innovative solutions for growers and processors in this burgeoning industry.

About We Are Kured, LLC

Kured is a wholly owned subsidiary of New Age Farm, acquired in December 2017. Kured is building an innovative online CBD and lifestyle company. Kured has partnered with best in class hemp cultivators, edible manufacturers, cutting edge product formulators to develop, market and distribute multiple lines of CBD products including, but not limited to, CBD vaporizer pens, topicals, gel capsules and more. All of We Are Kured's products are 100% THC free and will be available for purchase internationally. THC, or tetrahydrocannabinol, is the primary active ingredient in cannabis.

For further information about New Age Farm, please consult the Company's profile on SEDAR at www.sedar.com or visit the Company's website at www.newagefarminc.com.  For further information about We Are Kured, please visit their website at www.wearekured.com.

On Behalf of the Board of Directors For Further Information Contact
   
Joshua Bartch Corporate Communications
Chief Executive Officer corpcom@newagefarminc.com
info@newagefarminc.com 888-871-3936
   
We Are Kured Contact:  
   
Ben Martch  
Founder & CEO  
www.wearekured.com  

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to completion of planned improvements at both the Canadian and US sites on schedule and on budget, the availability of financing needed to complete the Company's planned improvements on commercially reasonable terms, planned occupancy by the tenant-growers, commencement of operations, differences in yield on expected harvests, delays in obtaining statutory approval for marijuana production plans, issues that may arise throughout the grow period, outdoor crops affected by weather, the ability to mitigate the risk of loss through appropriate insurance policies, and the risks presented by federal statutes that may contradict local and state legislation respecting legalized marijuana. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

This news release does not constitute an offer of securities for sale in the United States. These securities have not and will not be registered under United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to a U.S. Person unless so registered, or an exemption from registration is relied upon.

 

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