Creative Edge Predicts Faster-Growing Canadian Demand for Medical Marijuana: Creative Edge Nutrition Inc. (OTCPINK: FITX), Easton Pharmaceuticals Inc. (OTCPINK: EAPH Tranzbyte Corp. (OTCPINK: ERBB)


Follow this company

Companies Mentioned

PK:FITX / PK:EAPH / PK:ERBB
01/27/2014 [ACCESSWIRE]

Health Canada forecasts that there will be half a million medical marijuana  users in Canada in 10 years, but Creative Edge Nutrition Inc.’s (OTC Pink: FITX) CEO Bill Chaaban told Forbes Magazine Dec. 30 that with the availability and the assurance of consistency of the product it could  only take two years for users to reach that magnitude.

Potentially lucrative Canadian medical-marijuana market

These forecasts could predict a windfall for Creative Edge and other companies like them, if the Canadian government grants the Michigan-based company the final approval to sell medical marijuana in the country.

On Jan. 9, Creative Edge took another step closer to approval by complying with the Canadian government’s regulations on tracking 1.3 million pounds of medical marijuana annually. The medical marijuana will be distributed by Creative Edge’s wholly owned subsidiary CEN Biotech.

Creative Edge cleared this hurdle by utilizing a new state-of-the-art M3Hub Seed to Sale Tracking platform, which meets and exceeds Health Canada's tracking compliance thresholds. This news comes less than two months after Creative Edge broke ground on its new 58,000-square-foot future Medical Marijuana distribution center, which will be attached to the company’s current 26,400-square-foot facility.

Find out what could be the best investor’s move when it comes to FITX by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com

In November, the company was notified by Canada’s federal health department, Health Canada, that it has been issued permission to build its cannabis facility. Upon completion it will be inspected by Health Canada for a permit to begin operation.

If all goes well, it will be an historic moment for Creative Edge; however, if the approval runs into trouble, it would be a major setback for the company.

Creative Edge experiences heavy volume

At close of the market on Jan. 24, Creative Edge shares volume skyrocketed to 202,134,151, nearly three times its three-month average of 69,622,425 shares. Its share price closed at 0.0421 cents, down 0.0079 cents from 5 cents a share the previous day.

Find out what could be the best investor’s move when it comes to FITX by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com

 

Visions of selling medical marijuana

Easton Pharmaceuticals Inc. (OTCPINK: EAPH) is yet another company that has visions of selling medical marijuana products in both Canada and the United States.

But whether its visions are based on any business reality or just wishful thinking remains to be seen.

On Jan. 16, in a labyrinth of a press release that would challenge the National Security Agency’s best cryptologists, Toronto-based Easton Pharmaceuticals laid out its plans on medical marijuana for the immediate future.

“Due to the recent positive legal changes and attitudes towards medical marijuana and recreational marijuana use in general, Easton Pharmaceuticals is speeding up negotiations with an Ontario, Canada-based company towards forming a possible investment / partnership towards their medical marijuana initiatives which includes participating in their government application for both a growers and distributorship license in Canada and other possible international initiatives,” the release said.

This amazingly wordy release then goes on to say that the mystery company Eastern Pharmaceuticals is negotiating with wishes to remain anonymous for the present.

“A non-disclosure agreement as well as requests being made to Easton Pharmaceuticals to not make any name disclosures at this point in time to avoid adversely affecting any government applications submitted in November of 2013, are being adhered to,” Easton Pharmaceuticals explained.

At Friday’s market close, EAPH share price closed at 0.0154 cents, up 0.0026 cents from 0.0128, share price at the close of the previous day.

Find out what could be the best investor’s move when it comes to EAPH by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com

Medical marijuana vending machines coming soon?

Tranzbyte Corp. (OTCPINK: ERBB) stock volume soared on news it had chosen an Arizona licensed medical marijuana dispensary as the location for its first vending machine selling the product.

On Jan. 24 at the close of the market, 672,536,777 shares of Tranzbyte Corp.  changed hands, more than seven times its three-month average of 89,862,990 shares. Still, some industry experts were unimpressed by this latest announcement from the Tempe, Ariz. Company that operates medical marijuana dispensaries in Colorado and California. They say it is just more hype backed with very little in specifics.

That’s because buried deep within the glib announcement, Tranzbyte’s President David Gwyther would not commit to a date when the first medical-medical marijuana vending machine would actually be up and running.

“We expect the arrival of our first machine within the next few weeks,” Gwyther said in a written statement.  “Originally, our first automated dispensary was slated for delivery by the end of 2013.  However, enhancements and refinements of the machine's capabilities in November and December caused Tranzbyte to roll back the arrival date about a month,” he added.

At Friday’s market close, ERBB share price closed at 0.0116 cents, up 0.0001 cents from 0.0115, share price at the close of the previous day.

Find out what could be the best investor’s move when it comes to ERBB by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com

ABOUT US:

Sixfigurestockpicks.com issues momentum alerts on stocks that can provide gains to day traders.

Sixfigurestockpicks.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more.

Sixfigurestockpicks.com  monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals DailyStockMotion.com is often in the know of several large investor awareness campaigns being deployed.

Timing is everything when trading Penny Stocks. Gain an Edge by joining the Sixfigurestockpicks.com newsletter and receiving alerts from a Pro-Active team of researchers. Trading Alerts believes traders should have a chance at successfully trading penny stocks and invites traders and investors to be part of the Free VIP membership.

Simply sign up for free and start receiving exclusive alerts.

Subscribe Here:
http://www.sixfigurestockpicks.com

Disclosure

Sixfigurestockpicks.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always own due diligence with any potential investment.

COMMENTS

Leave a comment...
 * 

Your Name
 *