Latteno Food Corp. of Bridgeport, Connecticut, said Tuesday that it 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, the firm said without saying exactly where the products would originate.
In addition, Latteno Science will begin building an e-commerce site for sale of Latteno products in legal states.
“According to data from Euromonitor International, the sector witnessed sales of approximately $774 billion in 2014, and will have growth in 2015,” said John Pinheiro, the CEO. 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.
Latteno Food Corp. is an investment portfolio company that acquires food products, medical marijuana edibles and related products and services.