Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Creative Edge Nutrition Inc. (FITX) Message Board

Absolutely correct. The rub is this..they can gro

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 56324
Posted On: 10/28/2014 11:28:44 AM
Posted By: thenewalbum
Re: taketheredpill #40646
Absolutely correct. The rub is this..they can grow as much as they want, I am not debating that point. It is the amount of space dedicated to the value added designation - I posted it, roughly 6000 square feet, five employees'. That is why the company has submitted a zoning amendment application. That is all I am saying.

What lawful nonconforming means is this: If farming has occured, and the bylaw changes that zone to industrial, but CEN already has begun growing, he could very successfully use the lawful nonconforming to enforce his acquired rights of land use. No question. I have never said more than that about this.

But if the zoning amendments take place before he is granted the license, he cannot begin growing in contravention of the existing regulation (new regulation) which came into place before he was granted a HC license.

Here is what lawful nonconforming means under the law.

(a) the pre-existing “use for a purpose” was “lawful”, that is, the land, building or
structure “was lawfully used for such purpose on the day of the passing of the
by-law” (this is the reason for the reference to “legal” in “legal nonconforming
use”); and
(b) the “use for a purpose” has been continuous since the day the interfering bylaw
was passed, that is, the land, building or structure “continues to be used
for that purpose”.

This speaks to what is called "acquired rights" or rights which existed prior to the passing of a bylaw which gave rise to the dispute, meaning CEN could not continue (key word continue) the activity now the law has changed. That activity, growing by CEN, has to be taking place prior to the change being made in land use. That is it. Simple.

I have never said they cannot grow under the existing zoning, they are limited by the value added, and still will be when they get their license. The regulations were in place prior to the activity. It is not nefarious, it just means they have to be successful in their zoning amendment application.

But since we don't know if the town will remove the value added as part of their amendments, and they might, the debate is moot in the absence of knowing what the new regulations are, and if CEN has a license before the amendments are read into law.


(0)
(0)




Creative Edge Nutrition Inc. (FITX) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us