The CEO of Creative Edge Nutrition Inc., Bill Chaaban, announced on Friday that the company will be one of the first to offer medical marijuana liability insurance via Lloyd’s of London and through The Wellness Medical Protection Group. The policies will cover the growing and harvesting of marijuana, the facilities, landlords, dispensaries and medicinal prescribers in America.
Creative Edge Nutrition is the first truly diversified marijuana company based in the United States, with four major divisions including insurance, marijuana, hemp and vitamin nutritional supplements.
The marijuana production division can produce up to 1.3 million pounds, with facilities ready for government inspection. Through its subsidiary, Hemp Technology, Creative Edge Nutrition supplements the needs of the current $1 trillion global hemp market.
In addition to Chaaban, the management team at Creative Edge Nutrition includes attorneys from the law firm Thompson Hine, representative of auditing firm Deloitte, as well as new chairman John A. Germinario, who worked as a global markets securities fraud official with the SES, IRS, and FBI.
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