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Nutritional High International Responds to Department of Justice Decision to Rescind the Cole Memorandum

TORONTO, Jan. 05, 2018 -- Nutritional High International Inc. (the "Company" or "Nutritional High") (CSE:EAT) (OTCQB:SPLIF) (FRANKFURT:2NU), a company that operates and has financial interests in the legal cannabis industry, commented on the Memorandum for all United States Attorneys issued by U.S. Attorney General Mr. Jefferson B. Sessions on January 4, 2018 (the "Memorandum").

Nutritional High is of the opinion that the Memorandum does not represent a significant policy shift as it does not alter the U.S. Justice Department’s discretion or ability to enforce federal marijuana laws. U.S. state attorney generals will continue to have discretion over how the federal law is enforced with respect to the companies that operate in the states where cannabis has been legalized for medical or adult use.

Furthermore, the Memorandum does not provide any specific direction to enforce federal marijuana laws in legal states. While the Memorandum adds uncertainty in removing the Cole Memo guidelines, we believe that given the lack of guidance in the Memorandum and the support of the Trump administration of states’ rights, the authorities will defend the states' rights to regulate, not criminalize cannabis. This is the view that California Attorney General Xavier Becerra has taken in his statement1.

The Memorandum cites that in deciding which activities to prosecute using The U.S. Justice Department's finite resources, the prosecutors should follow the principles that weigh all relevant considerations, includes the cumulative impact on the community. In Nutritional High’s view, the Memorandum will guide the states to target and eliminate criminal enterprises operating outside the regulatory framework established by that state, and present greatest threats to public safety. This view was also affirmed in a statement by Bob Troyer, a U.S. Attorney for the District of Colorado who stated that their office has already been guided by those principles2.

As a result, we believe that tighter controls will be to the advantage of corporations like Nutritional High who are committed to following the regulations and guidelines set forth by the states in which we operate or have investments in. As such, we feel that the legal cannabis market will continue to grow and move forward in states that have legalized medical and adult use.

As time goes on and the benefits of legal cannabis use in society are seen, it is harder for staunch opponents of cannabis to justify their blanket opposition. As cannabis continues to replace opioids and other harmful medications and as regulation and legal cannabis cuts down on illegality and crime, we believe that opposition will continue to fade into irrelevance. We believe the Memorandum is not requiring a crackdown on business in the states which have legalized cannabis, clearly demonstrating these societal and political shifts.  Even though the Cole Memo has been rescinded we will, as guiding corporate policy, continue to abide by its principles and prescriptions.

Jim Frazier, CEO of Nutritional High, further comments: "As this may be seen as a challenge to investors, we want to reinforce that Nutritional High will continue to move forward with our expansion efforts in California and other states that have voted to legalize medical and adult use cannabis as our vision has not changed. We see this action as an opportunity to take a leadership role in the cannabis industry and work with local and state agencies to ensure that regulations and guidelines are followed to further strengthen the industries' position on compliance."

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1 http://www.sacbee.com/news/politics-government/capitol-alert/article193037319.html
2 http://kdvr.com/2018/01/04/u-s-attorney-for-colorado-status-quo-on-marijuana-prosecutions/

About Nutritional High International Inc.   

Nutritional High is focused on developing, manufacturing and distributing premium and consistently dosed products in the cannabis-infused products industry, including edibles and oil extracts for nutritional, medical and adult recreational use. The Company works exclusively through licensed facilities in jurisdictions where such activity is permitted and regulated by state law.

For updates on the Company's activities and highlights of the Company's press releases and other media coverage, please follow Nutritional High on Facebook, Twitter, Instagram and Google+ or visit www.nutritionalhigh.com.

For further information, please contact:

David Posner, Chairman of the Board
Nutritional High International Inc.
647-985-6727
Email: [email protected]  

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR OTC MARKETS GROUP INC., NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This news release may contain forward-looking statements and information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Such statements include submission of the relevant documentation within the required timeframe and to the satisfaction of the relevant regulators, completing the acquisition of the applicable real estate and raising sufficient financing to complete the Company's business strategy.  There is no certainty that any of these events will occur.  Although such statements are based on management's reasonable assumptions, there can be no assurance that such assumptions will prove to be correct. We assume no responsibility to update or revise them to reflect new events or circumstances.

Company's securities have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or "U.S. Persons", as such term is defined in Regulation S under the U.S. Securities Act, absent registration or an applicable exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful.

Additionally, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

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