CEN Biotech, Inc. (Michigan) (FITX) Announces Partnership Agreement for Dispensing Pharmacy in Michigan
MADISON HEIGHTS, MI / February 26, 2014 / ACCESSWIRE / Creative Edge Nutrition, Inc. (PINKSHEETS: FITX), is proud to announce a partnership agreement with RXNB Inc. for the first right of purchase of a pharmacy license in the State of Michigan.
Under the agreement, CEN Biotech Inc. (A Michigan Corporation) is positioned to establish a gateway for distribution of naturally occurring pharmaceuticals in acknowledgement of Michigan Senate Bill 0660.
Senate Bill 0660 recognizes the sale of pharmaceutical-grade cannabis through licensed facilities; allowing under certain circumstances, the regulations of possession and use of pharmaceutical-grade cannabis by certain individuals. Effective December 30th 2013, the bill has published as a public law, passing both the Senate and the House successfully.
“Senate Bill 0660 is in line with our philosophy that medicinal marijuana is a controlled substance that must be recognized for its medicinal properties, which requires a licensed individual & entity to dispense to the patients accordingly, for various ailments” Bill Chaaban, CEO Creative Edge Nutrition states.
Mr. Chaaban continues discussing alternate avenues of dispensing, “We believe in responsible medicine and are not opposed to alternative and or new avenues of access to pharmaceutical-grade cannabis, but we still must recognize the implications of the failure to provide security, traceability and accountability”.