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  4. Creative Edge Nutrition Inc. (FITX) Message Board

Ahem.... Posted On: 04/01/2014 7:20:54 AM

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Post# of 56324
Posted On: 04/01/2014 11:16:54 AM
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Posted By: BigAddison
Re: Westcoastbio #10539
Ahem....


Posted On: 04/01/2014 7:20:54 AM



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Posted By:  BigAddison



Rut roh: 

WOODLAND HILLS, Calif., April 1, 2014 /PRNewswire/ -- GrowLife, Inc. PHOT +3.67% , a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services of legal cannabis, together with Organic Growth International, LLC ("OGI"), its joint venture with CANX USA, LLC, has extended the date for completion of due diligence and closing the transaction with RXNB Inc. ("RXNB") to April 30, 2014. Under the agreement, GrowLife will sell and distribute RXNB proprietary technologies globally, and share profits related to technology licensing, subject to the approval of the GrowLife Board of Directors. GrowLife currently has a 45% ownership interest in OGI, with conditions under which it can gain majority interest.


RXNB is an investment company with holdings in drug formulation, manufacturing, and distribution. The company represents a recent roll-up of several independent companies in the pharmaceutical and nutraceutical market. RXNB has numerous pending patents in the field of THC research and development.


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