FORT LAUDERDALE, FL, Jan. 05, 2018 (GLOBE NEWSWIRE) -- SanSal Wellness Holdings, Inc. (“SanSal Wellness” or the “Company”) (OTC PINK: SSWH), a vertically-integrated agribusiness focused on producing full spectrum natural phytocannabinoid-rich industrial hemp extracts, today re-affirmed that its products are not impacted by recent potential changes in federal law enforcement towards marijuana businesses, announced this week by the U.S. Attorney General.

“Following new guidance issued yesterday by United States Attorney General Jeff Sessions which potentially affects the enforcement of federal law against medical and recreational marijuana businesses, we feel it is essential to re-affirm that SanSal’s full spectrum industrial hemp extracts are not impacted by these changes to federal policy,” stated Alexander M. Salgado, CEO and co-founder of SanSal Wellness. “We anticipate that our world-class products will continue to enjoy a significant competitive advantage in the hemp supplement marketplace, allowing us to continue to produce, manufacture and distribute our products, which contain phytocannabinoid-rich industrial hemp extracts, to customers and wholesalers.”

Yesterday, Mr. Sessions rescinded previous advisory guidance issued in the Obama era, which served to direct U.S. attorneys nationwide to refrain from prosecuting marijuana businesses acting in compliance with state law; Mr. Sessions now directs those U.S. attorneys to exercise their own prosecutorial discretion in such matters. Importantly, all of the guidance focused on marijuana enforcement policy, and none contemplated industrial hemp, as industrial hemp is treated as distinct from “marihuana.”

SanSal Wellness currently operates a 140-acre industrial hemp farm and production facilities in Pueblo, Colorado, and is registered with the Colorado Department of Agriculture to grow industrial hemp. 

About SanSal Wellness Holdings, Inc. 

SanSal Wellness Holdings, Inc. (OTC Pink: 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.  The Company files periodic reports with the Securities and Exchange Commission, which can be viewed at www.sec.gov.

For additional information, visit www.sansalwellness.com

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.

SanSal Wellness Holdings, Inc. - IR/Media Contact
Toll-Free: (888) 549-7888
E-mail: investors@sansalwellness.com

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