Creative Edge Nutrition, Inc is a nutraceutical and health supplements company that produces and markets its products under the Cenergy brand name. It also has the subsidiaries CEN Biotech, Inc to provide pharmaceutical-grade medical marijuana in Canada, and Hemp Technologies, Inc to enter the hemp market.
The company traces its start to 2009, when it was a subsidiary of the nutrition company Laufer Bridge Enterprises, Inc. It became Creative Edge Nutrition, Inc in 2012.
Currently, Creative Edge Nutrition, Inc trades in the OTC markets under the symbol FITX. Its market cap is at USD 26.24 M.
The development-stage company owns the Cenergy brand, which sells various tablets, powders, and capsules for health concerns such as energy, weight management, and well-being. It also has a line of hemp products like tea and coffee additives. On top of these, the brand also sells its own line of sports apparel and bags. Finally, to complement these products, Cenergy offers free plans for workouts, nutrition, and health supplements on its website.
The subsidiary CEN Biotech, Inc is meanwhile in the process of obtaining a license under Canada’s new Marihuana for Medical Purposes Regulations (MMPR). The license is to produce and supply medicinal marijuana from the company’s 80,000-square feet facility in Ontario. Aside from cultivating and selling medical dried marijuana, the company also intends to make educational programs and form partnerships for clinical research.
Hemp Technologies, Inc is a more recent acquisition of Creative Edge Nutrition. The parent company intends for this subsidiary to break into the global hemp market.
Another recent development from Creative Edge Nutrition is that it will soon offer medical marijuana insurance, becoming one of the first companies in America to do so.
The leading executives at Creative Edge Nutrition are CEO and President Bill Chaaban, Co-founder and Senior VP Paul R. Thomas, Executive VP and Treasurer Reid Stone, Brand Management and Marketing VP Leonard K. Armenta, Jr, and Consultant Joel Stohlman.
Yahoo! Finance: FITX News
Latest Financial News for FITX