Creative Edge Nutrition Inc (FITX)

[Dr. Johnny Fever]

Actually, this may not be quite right. For the record, I am pro FITX, I am a shareholder with the largest position I can afford, and I am long. However, the link posted below, which was posted by Investanator in a reply a post of mine on April 14th is telling:

http://www.citywindsor.ca/cityhall/committeesofcouncil/Standing-Committees/Planning-and-Economic-Development-Standing-Committee/Documents/feb%2010%20item%202_20140130153939.pdf

Granted, the document is from the Corporation of Windsor, and thus does not represent the municipal conditions of Lakeshore. However, the summary on the law as established by Health Canada is very relevant, because, although it represents Windsor's interpretation of the HC law (or maybe they've been told by relevant authorities to interpret it as such) that medical marihuana facilities must be zoned as industrial, and does not necesarily represent the Lakeshore Municipal authority's views, it is very likely that Lakeshore has adopted the same stance. Furthermore, the minutes from the April 8th Lakeshore Council meeting state the the Director of Community and Development Services (I believe that's Mr. Steve Salmons) has told CEN that they will need to seek "rezoning and site plan approval" from the Town. Therefore, though I hate to do so, that Rolphtonair has been correct all along, and that, technically, CEN Biotech does not have the appropriate zoning requirements to operate a medical marijuana facility in Lakeshore.

However, I do not believe that this mean inevitable doom for FITX. Not at all. The license from HC is likely dependent on the conditions of the facility and other provisions (like contact with the local police, fire, etc.) It is entirely possible that CEN could be granted a license from HC and still not be able to run a medical marijuana facility because of zoning issues. Personally, I am of the opinion that what is likely to occur is that CEN Biotech will seek inspection and a license, be granted said license (possibly with a 'conditional' status pending rezoning approval from the local municipality), and then have extra legal weight with which they can expedite a rezoning application through the local (and possibly county) political machine. Furthermore, Mr. Chaaban has, to my knowledge, never stated that CEN Biotech intends to produce 1.3 mil pounds of marijuana straight out of the starting gate. If CEN was granted a grow license, could they possibly plant a smaller crop and not be breaking any laws for a few months (because the crop is within the limits of the current zoning, and no processing or sales are occuring during the grow cycle), while pushing their agenda through the local government?

I recognize that I'm speculating a bit here at the end, but only because I'm trying to visualize the end-game. I believe in FITX, and I'm in it to win it, I believe they will be successful, and I recognize that, at present, they do not have the appropriate zoning to run the operation that they are in the process of building. I think this will change, and, as rolphtonair said in a post a few days ago, I think that they will ultimately be successful. Thoughts?