FITX. .0605 current pps Creative Edge Nutritio
Post# of 98052
Creative Edge Nutrition Inc. (FITX) Finalizes Deal With Hemp Technologies Inc.
Creative Edge Nutrition Inc. (FITX) Finalizes Deal With Hemp Technologies Inc.
MADISON HEIGHTS, MI--(Marketwired - Jun 4, 2014) - Creative Edge Nutrition, Inc. (OTC Pink: FITX) (PINKSHEETS: FITX) today announced that it has finalized and ratified the deal with Hemp Technologies Inc.
"On behalf of the Creative Edge Nutrition board of directors & our management team, I would like to proudly say that we have finalized and ratified the Hemp Technologies Inc. deal. We utilized our 90 day due diligence period as it was in the best interest of the company," stated Bill Chaaban, President & CEO. "We believe the Hemp Technologies acquisition will be instrumental in the development of our global vertical integration model for Industrial hemp growing, processing, distribution and sales in numerous industries including but not limited to food, textiles, beverages, automotive and building materials. The addition of Hemp Technologies team members has led to many introductions in the global hemp and cannabis field."
To address many shareholder inquiries regarding our pre-license inspection, to reiterate we have provided legal notice to Health Canada regarding our readiness for both sites (20 North Rear Rd and 135 North Rear Rd). We patiently await Health Canada inspectors.
About CEN Biotech
CEN Biotech, Inc. was established in 2013 as a partially owned subsidiary of Creative Edge Nutrition (OTC Pink: FITX) (PINKSHEETS: FITX) for the sole purpose of supplying the Canadian public with pharmaceutical-grade medical cannabis under the newly established Marihuana for Medical Purposes Regulations (MMPR). CEN Biotech Inc. has submitted a comprehensive application to become a licensed producer (LP) of dried marihuana for medicinal purposes and has received a ready-to-build approval from Health Canada.
http://www.cenbiotechinc.com
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