What is LTNC’s New Subsidiary About?

What is LTNC's New Subsidiary About?

Introduction to LTNC’s New Subsidiary

Labor Smart, Inc. (OTC PINK: LTNC) has announced the launch of a new subsidiary, Elevate Health and Wellness Nutritionals, in collaboration with Elevate Health and Wellness LLC. This new venture will focus on direct-to-consumer distribution of vitamins and supplements, specifically targeting patients using GLP-1 weight loss medications such as Semaglutide and Terzepatide (link).

Leadership and Vision

Joseph Curshen, CEO of Elevate, will lead this division. His extensive experience in scaling direct-to-consumer wellness brands is noteworthy, having acquired over 30,000 new patients and built a brand with over 13,000 patients in just nine months. The new product line, set to launch this fall, aims to support individuals on medical weight loss programs by mitigating side effects and improving results.

Impact on LTNC’s Portfolio

This marks LTNC’s fourth wholly owned subsidiary, joining Next Gen Beverages, Illumination Holdings, and Next Gen Holdings. This addition contributes to the company’s diversified portfolio, providing new revenue streams and enhancing financial security.

About Elevate Health & Wellness LLC

Elevate Health and Wellness LLC offers advanced weight management solutions in the USA, including doctor-led interventions and medications like Semaglutide and Tirzepatide. These solutions are designed to enhance weight loss by targeting metabolic setpoints, with ongoing support from medical professionals.

FAQs

What is LTNC’s new subsidiary called and what will it focus on?

LTNC’s new subsidiary is called Elevate Health and Wellness Nutritionals. It will focus on direct-to-consumer distribution of vitamins and supplements, initially targeting patients using GLP-1 weight loss medications.

Who is leading LTNC’s new Elevate Health and Wellness Nutritionals division?

Joseph Curshen, CEO of Elevate, will lead the new Elevate Health and Wellness Nutritionals division for LTNC.

When will LTNC’s new supplement product line be launched?

LTNC’s new supplement product line is set to launch in the fall of 2024.

How many wholly owned subsidiaries does LTNC now have?

With the addition of Elevate Health and Wellness Nutritionals, LTNC now has four wholly owned subsidiaries.



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