BEVERLY HILLS, CA and LAKESHORE, ON / ACCESSWIRE / December 16, 2015 / Giddy Up Energy Products, Inc., a subsidiary of Creative Edge Nutrition (OTC Pink: FIX) (PINKSHEETS: FITX), a nutritional supplement Energy drink and Energy Bar company, focusing on active lifestyles, CEN Biotech Inc. has the following updates:
Due to the expected change in policy of the newly elected Administration in Canada as evidenced by the recent mandate of the Minister of Justice, and the anticipated positive effect on the Company, CEN has made a tactical legal decision unilaterally requesting an adjournment of the Judicial Review examinations because of the recent acknowledgment by the Minister of Health of the mandate letter of the Minister of Justice which includes the following:
"Working with the Ministers of Public Safety and Emergency Preparedness and Health, create a federal-provincial-territorial process that will lead to the legalization and regulation of marijuana."
However, to exercise caution, CEN and the Minister of Health makes no suggestion that the Government of Canada will change the regulatory structure for medical marijuana as a result of the mandate letter of the Minister of Justice.
The requested adjournment of the pending Judicial Review case is essentially an extension of time for the depositions of CEN and government officials until early March of 2016.
As a "penny stock" Company, within the meaning of federal and state securities law, Creative Edge Nutrition, Inc. may not avail itself of the Safe Harbor provisions as identified in the Private Securities Litigation Reform Act of 1995. However, Creative Edge Nutrition, Inc. provides the following disclaimer and warning to protect our shareholders, prospective investors and the public at large by alerting them to the risks and uncertainties involved with any investment, and the need to perform their own due diligence and assessment.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers.
Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission.
CEN BIOTECH, INC.
SOURCE: Creative Edge Nutrition