Canna Delivery Systems Inc.’s Licensee Doubles its Manufacturing Capabilities
Vancouver, British Columbia, Canada, April 21, 2016, Lifestyle Delivery Systems Inc. (CSE: LDS and OTCQB: LDSYF) (“LDS” or the “Company”) through its wholly owned subsidiary, Canna Delivery Systems Inc., (CDS), is pleased to announce that it’s licensee, Healthy Asylum Inc., has doubled its strip production capabilities.
Healthy Asylum Inc. has reconfigured the production line and production design specifications in order to satisfy the increased capacity. The Company is also in the process of identifying new packaging solutions. .
The Company and its licensee are confident that these modifications will not only increase the production output but will also reduce its cost of goods. The new production capacity is expected to exceed one million finished and packaged units, ready to deliver, per month The CEO of LDS, Brad Eckenweiler, stated that “ we are excited with the recent advancements that our licensee, Healthy Asylum Inc., has been able to achieve in a relatively short period of time. With these new developments we are anticipating a very successful 2nd quarter of 2016.”
About Lifestyle Delivery Systems Inc.
The Company’s technology produces infused strips (similar to breath strips) that are not only a safer, healthier option to smoking but also a new way to accurately meter the dosage and assure the purity of the product. From start to finish, the production process tests for quality and composition of all the ingredients used in each and every strip, resulting in a delivery system that is safe, consistent and effective.
On behalf of the board of directors of Lifestyle Delivery Systems Inc.
Brad Eckenweiler CEO & Director
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Lifestyle Delivery Systems Inc. Suite 810, 789 W. Pender St.
Vancouver BC, V6C 1H2
T: (866) 347-5058 F: (604) 648-0517
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control. Such factors include, among other things: risks and uncertainties relating to the Company’s limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, The Company undertakes no obligation to publicly update or revise forward- looking information.