Marijuana Pumped Up: Aminoplex Makers Acquire Hemp Technologies

Creative Edge Nutrition (FITX), the makers of the workout supplement Aminoplex, acquired Hemp Technologies for $15 million shares and a $4 million cash commitment over two years. The neutraceutical brand has been hashing out its expanded entrance into the marijuana sector, helped by launching a super grow facility in Canada. The legalization of recreational marijuana, coupled with the emphasized medicinal benefits of cannabis, has spurred companies like FITX to enter the pot fray.

This article was written by a staff member of TheStreet.