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Latteno Food : Science to Use High Value Cannabinoid Extracts in 774 Billion USD Health, and Wellness Industries

05/15/2015 | 12:14pm US/Eastern

By a News Reporter-Staff News Editor at Obesity, Fitness & Wellness Week -- Latteno Food Corp. (OTC PINK: LATF) is pleased to announce Latteno Science will begin using high value cannabinoid extracts from Central America to sell to pharmaceutical, nutraceutical, and cosmeceutical industries. These cannabinoids will be used for health, and wellness products. In addition, Latteno Science will begin building an e-commerce site for sale of Latteno products in legal states. CEO John Pinheiro comments, "According to data from Euromonitor International, the sector witnessed sales of approximately $774 billion in 2014, and will have growth in 2015. With the quality of cannabinoid extracts from Central America, Latteno Science will have a competitive edge in the health, and wellness industry. We believe we are positioned to make a run at it by the 4th quarter of 2015. "After a lot of shareholder inquiries Latteno Food Corp. wants to reassure shareholders it has no plans for a reverse split. Company is in the process of exploring ways to maximize shareholder value.

Latteno Food Corp. is an investment portfolio company that acquires food products, medical marijuana edibles and related products/services to with the aim to enhance company 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.

Safe Harbor Statement:

This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and Section 21e of the Securities and Exchange Act of 1934, as amended. Those statements include the intent, belief or current expectations of the company and its management team. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management's control. Some of these factors include the ability of the company to raise sufficient capital, attract qualified management, attract new customers and effectively compete against similar companies (see also Wellness).

Keywords for this news article include: Terpenes, Wellness, Cannabinoids.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2015, NewsRx LLC

(c) 2015 NewsRx LLC, source Health Newsletters

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