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Medical marijuana firm moves into seafood industry

Zoom in font  Zoom out font Published: 2013-04-12  Views: 22
Core Tip: Latteno Food Corp., an investment portfolio company which acquires food product medical marijuana edibles and other related products, on Thursday announced it will enter the fresh seafood market.
Latteno Food Corp., an investment portfolio company which acquires food product medical marijuana edibles and other related products, on Thursday announced it will enter the fresh seafood market.

“In addition to our medical marijuana edibles business, the company is also branching into the high demand/fast growth market of importing fresh seafood from exclusive distributors in Southeast Asia,” said Thu Le, CEO.

“Additionally, the due diligence on our planned acquisitions in the seafood importing market are done and we’ll have an immediate announcement on this and other initiatives. Investors stay tuned as we’ll reward them generously for their support and vote of confidence in our future as we’re executing our growth strategies.”

The company said it is forecasting revenues of at least USD 2.5 million (EUR 1.9 million) for 2013 and USD 10 million (EUR 7.6 million) by the end of 2015.

 
 
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