LATF is really special in my opinion because the company focuses on turning small food-related companies into profitable ones.
And, LATF has been upgrading companies operating in the international food and beverage market for years.
LATF is a winner with a proven record of creating winners and the company has been very busy adding to its list of accomplishments.
This company has tremendous upside potential and you need to get this on your radar immediately. As always, I am happy to alert you on potentials gains so dig into the fundamentals below to see why LATF needs to be on your plate right now. Of particular interest is the company`s recent developments regarding edible medical marijuana products, a field which is white hot right now.
Investor Highlights
LATF recently announced the acquisition of California-based Green Cannabis Collective Inc., a company that facilitates medical marijuana cultivation and transactions between qualified patient members who have the approval or recommendation of a licensed physician. The Medical Marijuana Industry is currently estimated to be worth between $1.7 – $2.0 Billion. Some analysts believe it could grow to $46.2 billion if cannabis were legalized nationally.
LATF followed this news with the announcement yesterday of the introduction of a series of edible medical marijuana products consisting of the following labels: Peanut Butter Cup (with 200mg of THC), Chocolate Bar (containing one full gram of hash) and Chocolate Chip Cookie (150mg of THC) all made out of Cannabutter.
LATF also announced, in addition to the developments in the edible medical marijuana field, the branching into the high demand/fast growth market of importing fresh seafood from exclusive distributors in Southeast Asia.
LATF has a RSI of 41.14 indicating that there’s huge gain potential in store on a momentous rally.
LATF unveiled growth plans for 2013 that calls for forecasted revenue of at least $2,500,000 and $10,000,000 by year end 2015. Management believes LATF can achieve or exceed expectations.
LATF yielded realizable gains of 3.40% recently and indicators suggest greater gains are in store.
LATF has made major acquisitions aimed at strengthening its foundation and increasing its value. Investors are beginning to realize that it is tremendously undervalued.
LATF has been trading steadily above support and looks ready to make its climb upwards. This presents huge opportunities for potential gains.
More About LATF
LATF is an investment portfolio company that acquires food products, medical marijuana edibles and related products/services to enhance their growth and development.
The company builds revenues and asset value through a model of continuous growth, income from or sale of its portfolio holdings, and product licensing or distribution agreements.
LATF acquired California-licensed Green Cannabis Collective Inc. to further expand its medical marijuana edible market. Latteno and Green Cannabis will have research scientists and medical physicians on staff at the company`s Orange County research facilities to conduct ongoing experiment and research on medical marijuana and Oriental herbal medicine in an attempt to cure terminally ill diseases such as HIV/AIDS and cancer for sick Californians as well as international clients in China and Southeast Asia.
LATF competes with Nestle, Companhia Cacique de Cafe Soluvel, Cafe Soluvel Brasilia and Companhia lguacu de Cafe Soluvel. The fact that LATF can compete at this level underscores the potential of the company to morph into something spectacular, providing huge gains in the process.
Medical Marijuana Industry Outlook
The Medical Marijuana Industry is currently estimated to be worth between $1.7 – $2.0 Billion, with a potential for a high of $46.2 billion if cannabis were legalized nationally. Eighteen states and the District of Columbia currently allow its medical use.
This aggressive initiative has been further spurred by the increasing favourable mainstream media attention given the medical marijuana market..
In a feature article in USAToday (April 8, 2013) titled “As marijuana goes legit, investors rush in”, the paper reports that for the first time a majority of Americans now support legalizing marijuana, that medical marijuana sales could quadruple and that this growing market is beginning to attract mainstream investors and ancillary businesses.
“After Washington and Colorado, the pot business is, if not mainstream, at least ready to push toward it. Advocates hope to legalize personal use in another 14 states by 2017; mostly among the 16 states besides Washington and Colorado where medical pot is legal (it is also legal in Washington, D.C.),” the report concludes. “The best way to estimate the potential size of the legal market for cannabis begins with the illegal market – which is somewhere north of $18 billion a year in pot Americans consume already,” said Harvard economist Jeffrey Miron.
Recent Developments
SANTA ANA, Calif., April 25, 2013 /PRNewswire/ — Latteno Food Corp. (OTCPink: LATF) recently announced the signing of definitive agreement to acquire California-based Green Cannabis Collective Inc. Today, LATF is pleased to inform our investors that it has signed a letter of intent to acquire Mekonza Corp., a seafood importer from Southern California with strong ties and business connection in Vietnam and Southeast Asia. In addition to our medical marijuana edibles business, the company is actively branching into the high demand/fast growth market of importing fresh seafood from exclusive distributors in Southeast Asia. Our plan for this year still call for a forecasted revenue of at least $2,500,000 and $10,000,000 by year end 2015 which we`ll be able to achieve or exceed our expectations.
“We are pleased to make great progress on our road to achieve explosive growth via medical marijuana edible and other food-related businesses,” stated Thu Le , Chief Executive Officer. “Additionally, the due diligence on our planned acquisitions in the seafood importing market are completed and we`ll announce the definitive signing very shortly along with other surprises.
As you can see LATF is branching out into several lucrative food areas, though the one I am most excited about is edible medical marijuana because it has the potential to seriously skyrocket. On top of that investor interest is incredibly high in this sector right now.
What do you want? Easy money here....LATF $$$$$$ glta
