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According to RXNB executive Dr. Sam Alaweih, are very pleased to have reached a mutually agreeable go forward plan with GrowLife and OGI management. RXNB has agreed to withdraw its contemplated litigation, without prejudice.
GrowLife and RXNB Mutually Extend the Date for Closing of their Strategic Partnership
am pleased to join Sam Alaweih and Bill Chaaban in our renewed dedication to completing the exciting partnership with RXNB, commented GrowLife CEO and OGI member Sterling Scott. have agreed to complete the deal by April 4, 2014, and are confident in both parties ability to achieve consensus by that time. Converse White Low Cut For Men
Given the complexities of this transaction, and the number of different parties involved, additional time was necessary.
A full 8 K detailing the Agreement was released January 30, 2014.
RXNB possesses proprietary, cutting edge systems in the field of agriculture, applicable to medical marijuana. In particular, these technologies focus on Current Good Manufacturing Practices (cGMP) manufacturing and growing process of medicinal marijuana. cGMP refers to the Current Good Manufacturing Practice regulations Converse Womens Slip On Sneakers
MADISON HEIGHTS, MI / ACCESSWIRE / March 24, 2014 / Creative Edge Nutrition, Inc. (PINKSHEETS: FITX), in addition to GrowLife, Inc. together with Organic Growth International, LLC ( its joint venture with CANX USA, LLC, extended the date for completion of due diligence and closing the transaction with RXNB Inc. ( to April 4, 2014. Under the agreement, GrowLife will sell and distribute RXNB proprietary technologies globally, and share profits related to technology licensing, subject to the approval of the GrowLife Board of Directors. GrowLife currently has a 45% ownership interest in OGI, with conditions under which it can gain majority interest.
collectively in the best interest of our shareholders. The magnitude and complexity of this deal required an extension of the due diligence period. We are at the dawn of a new era. is an investment company with holdings in drug formulation, manufacturing, and distribution. The company represents a recent roll up of several independent companies in the pharmaceutical and nutraceutical market. RXNB has numerous pending patents in the field of THC research and development.
About CEN Biotech
Bill Chaaban President CEO stated, parties have the desire and will to work together. We work individually and Converse Pumps Womens
enforced by the US Food and Drug Administration (FDA). cGMPs provide for systems that assure proper design, monitoring, and control of manufacturing processes and facilities, which assures the identity, strength, quality, and purity of drug products. RXNB technologies will accelerate plant growth, allow perpetual grow cycles of about 35 days and protect plants from adulterants, which will yield greater harvests. RXNB has a pharmacy division, which dispenses prescription drugs direct to approximately 50,000 patients per month in the US. RXNB owns a distribution network, which supplies approximately 2,700 clinicians with tailored functional medicine across the US. It operates its own call center and owns software technologies Converse Fashion Mens in the field of tailored specialty drugs and batch record keeping in compliance with USP 797.
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.
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