DENVER, CO, Apr 21, 2014 (Marketwired via COMTEX) — Latteno Food Corp. (otc pink:LATF) (pinksheets:LATF) is pleased to announce the recent acquisition of Orange County, CA based DMND, Inc. that operates under the Diamond Grove Delivery (DGD) banner. DGD, based out of Anaheim, CA, has successfully signed up over 200 active MMJ patients with daily delivery service to various Orange County, California cities. In addition to DDGD patients list, Latteno inherits several thousand Instagram and Facebook friends/clients, greatly increasing Rx Harvest Collectives’ market reach.
The Company plans immediately to consolidate operations with Diamond Grove Delivery, including adding DGD’s products and services to its current offering; thereby greatly expanding the potential revenue sources. Additional products and services are currently under development and will be introduced over the following weeks.
The Company had recently announced the official opening of its Medical Marijuana Evaluation office in Los Angeles, CA; staffed by Doctors who are well-known experts in Chinese herbal medicine and medical cannabis to evaluate, recommend state-issued MMJ cards to qualified California residents. Latteno’s MMJ Evaluation Service is expected to provide a continuing source of potential MMJ Delivery customers.
Earlier in 2014 the Company had announced the acquisition of California based MMJ cultivate/delivery service to be operated under the newly formed subsidiary Rx Harvest Collective Inc; and the launch of its Industry leading MMJ Edibles Delivery Service and on-line ordering website www.RxHC.org . The DMND acquisition marks the first in a series of planned expansion agreements to continually expand its customer base and revenue sources. Further information can be found at www.RxHC.org or by calling (714)497-6696
Latteno will continue to market its expanding MMJ products and services through a targeted multi media campaign that includes social media strategies (Facebook and Instagram), participation in MMJ internet portals including Weedmaps.com, and through weekly local advertising including OC Weekly (April 10th special edition, The Rolling Paper 420 Guide) and LA Weekly.
“We are thrilled to add DGD products and customer base to our growing portfolio of MMJ offerings. This addition, together with the opening of our MMJ Evaluation Office in LA, has validated our strategy and aggressive timelines we have established. We are committed to growth within the MMJ market place and will continue to pursue MMJ opportunities in CA, in our new home state Colorado…and wherever we see opportunities for synergistic growth. We are pleased with the progress we have made to date and we look forward to further developments both in California and in our new home, Colorado.” commented CEO Thu Le. “While we are directing substantial resources to the MMJ Market, we continue to expand all our operating units and look forward to reporting progress company-wide.”
About Latteno Food Corp. (Latteno.com)
Latteno Food Corp. 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. About Rx Harvest Collective Inc. (RxHC.org)
Southern California-owned and licensed medical marijuana co-op and transporting. The specific purpose of this corporation is to collectively facilitate medical marijuana cultivation and transactions by and between qualified patient members of this corporation and/or primary caregiver members who have the oral or written approval or recommendation of a licensed physician, as permitted and authorized by the Compassionate Use Act of 1996 (Health and Safety Code section 11362.5) and the Medical Marijuana Program Act (Health and Safety Code sections 11362.7 – 11362.83).
About Mekonza Corp. (Mekonza-corp.com)
Headquartered in Southern California since 2006, Global Trading Group (GTG) started out as a luxury/exotic car exporter and eventually branched out into seafood importing which came about Mekonza Seafood. The variety of seafood products we offer has allowed us to be an innovator in product development. The diversity of our products allows us to be the next force-to-be-reckon-with in the seafood industry. Mekonza has grown from a small one-man operation to one of the West Coast’s most innovative and well-equipped seafood importing and processing companies. With outstanding customer service as our secret sauce and key ingredient, we’re on our way to be the industry’s leader committed to achieve the highest possible standards in quality, service to our clients, suppliers and investors.
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.
Contact: Latteno Food Corp. Investor Relations (310) 974-6043 [email protected]
SOURCE: Latteno Food Corp.
(C) 2014 Marketwire L.P. All rights reserved.
This entry passed through the Full-Text RSS service — if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.