MADISON HEIGHTS, MI / March 10, 2014 / Creative Edge Nutrition, Inc. (PINKSHEETS: FITX), is proud to announce the appointment of Ms. Anndrea Hermann as the new President of Hemp Technologies Ltd (Canada, USA and New Zealand and the soon to be organized Hemp Technologies Global LLC).
On March 7, 2014, Creative Edge Nutrition Inc., announced that it has acquired the assets of the global holdings of Hemp Technologies Ltd. In particular, its operations in New Zealand, Canada and the United States among other countries. Hemp Technologies Ltd. is a vertically integrated hemp company which 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.
Terms of this acquisition are as follows: Ms. Anndrea Hermann is appointed as the President for all operations of Hemp Technologies worldwide. Ms. Anndrea Hermann has been hired as long-term employee for Creative Edge Nutrition Inc. and will devote her time to the operation and implementation of Hemp Technologies Global and its subsidiaries. Hemp Technologies has been pledged a $4 million dollar capital infusion into the development of Hemp Technologies Global and its subsidiaries over the next two years. 15 million restricted shares have been issued to Hemp Technologies Ltd New Zealand.
Bill Chaaban, CEO & President of Creative Edge Nutrition stated, “we are very excited to announce the appointment of MS. Anndrea Hermann to our team. She is one of the world’s foremost experts on hemp and cannabis. Having acquired one of the world’s foremost experts on everything hemp will allow us to become growers and resellers of hemp and hemp products worldwide. It compliments our corporate mission of becoming a licensed grower and reseller of medical marijuana. We intend to utilize hemp for the extraction of CBD’s where allowed by law; in addition to all other activities being currently undertaken by Hemp Technologies Ltd ”
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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.
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
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
Source: Creative Edge Nutrition, Inc.
Release ID: 35539