Canna Delivery Systems Inc. Announces Equipment Delivery to Licensee
Vancouver, British Columbia, Canada, September 25, 2015, Canna Delivery Systems Inc.(“Canna”) a wholly owned subsidiary of Lifestyle Delivery Systems Inc. (“LDS”) (CSE:LDS) is pleased to announce it has secured a strip coating equipment, which is used to perform the functions coating a metered amount of infused gelatin type product in a thin layer onto release paper that when dried becomes a film easily separated from the paper. As per the memorandum of understanding signed with Healthy Asylum, Inc. (news release dated June 11, 2015), Canna has licensed the CannaStrips technology on a non-exclusive basis to Healthy Asylum. The strip coating equipment will be leased to Healthy Asylum as a core component of the CannaStrips technology.
Brad Eckenweiler, CEO and Director of Lifestyle, stated: “The Company is excited to have the first licensee moving forward on the production of products using the CannaStrips technology.”
Canna’s filmstrip technologies produce an oral delivery system that can be used for energy elixirs, herbal remedies and a smokeless alternative option to medical and recreational users of cannabis. Canna’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. The Company will license the technology to licensees, who will in turn manufacture CannaStrips where the legal use of marijuana is allowed.
On behalf of the board of directors of Lifestyle Delivery Systems Inc.
Brad Eckenweiler CEO & Director
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