Creative Edge Nutrition (FITX) Announces Private Funding for the Build Out of the World's Largest & Most Advanced Legal Canna...
22 3월 2014 - 12:30AM
Marketwired
Creative Edge Nutrition (FITX) Announces Private Funding for the
Build Out of the World's Largest and Most Advanced Legal Cannabis
Production Facility
MADISON HEIGHTS, MI--(Marketwired - Mar 21, 2014) - Creative
Edge Nutrition, Inc. (OTC Pink: FITX) (PINKSHEETS: FITX) is proud
to announce that it has secured and received PRIVATE FUNDING for
the build-out of its future Medical Cannabis facility in Lakeshore,
Ontario, Canada.
Bill Chaaban, President & CEO, stated, "We are proud to have
secured a commitment of private funding of $20 Million USD to fund
the first phase of our project located in Lakeshore, Canada.
Through a private equity stake, our private partners have already
advanced $4.5 million USD for the project thus far. Under the
private financing commitment, they are projected to finance the
balance of funds within 90 days on a weekly basis."
http://cenergynutrition.com/timeline2014.php
Please check back frequently for new progress on the
facility.
About CEN Biotech
CEN Biotech, Inc. was established in 2013 as a partially owned
subsidiary of Creative Edge Nutrition (OTC Pink: 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
About Creative Edge Nutrition, Inc.
Creative Edge Nutrition is a holding company and a Nutritional
Supplement Company focused on developing innovative, high quality
supplements. The company offers a broad spectrum of capsules,
tablets, and powders, as well as science based products in the
principal categories of weight management, nutrition challenges,
energy and fitness. The Company manufactures under strict GMP
guidelines at GMP Certified and/or FDA registered facilities.
http://www.cenergynutrition.com/ and
https://www.facebook.com/CenergyNutrition
About Hemp Technologies
Hemp Technologies Ltd. is a vertically integrated hemp company
that grows, processes and sells its hemp directly to the consumer
and for industrial processing. In addition, it is instrumental in
hemp home building and building materials, hemp spirits and food,
and hemp pharmaceutical and dietary supplements.
http://www.hemp-technologies.com
Safe Harbor Notice This press release may contain
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, such as statements
relating to financial results and plans for future development
activities, and are thus prospective. Forward-looking statements
include all statements that are not statements of historical fact
regarding intent, belief or current expectations of the Company,
its directors or its officers. Investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, many of which are
beyond the Company's ability to control. Actual results may differ
materially from those projected in the forward-looking statements.
Among the factors that could cause actual results to differ
materially from those indicated in the forward-looking statements
are risks and uncertainties associated with the Company's business
and finances in general, including the ability to continue and
manage its growth, competition, global economic conditions and
other factors discussed in detail in the Company's periodic filings
with the Security and Exchange Commission. The Company undertakes
no obligation to update any forward-looking statements.
FOR INVESTOR RELATIONS, Please Contact: William Swalm (212)
584-4342 Email: Info@cenergynutrition.com
Creative Edge Nutrition (CE) (USOTC:FITX)
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Creative Edge Nutrition (CE) (USOTC:FITX)
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