Mr. Brad Eckenweiler
reports
LIFESTYLE DELIVERY SYSTEMS INC. ANNOUNCES MEMORANDUM OF UNDERSTANDING FOR DISTRIBUTION OF CANNASTRIPS TO HUNDREDS OF DISPENSARIES IN CALIFORNIA
Lifestyle Delivery Systems Inc. has entered into a memorandum of understanding with Azonic Health Sciences LLC and its affiliated companies for the distribution of its CannaStrips line of products. The arrangement would place CannaStrips in hundreds of current medical marijuana dispensaries and into the anticipated new retail stores throughout California.
Brad Eckenweiler, chief executive officer of Lifestyle Delivery Systems, stated: "The passage of Proposition 64 in the state of California legalizes the adult recreational use of cannabis for over 39 million residents and more than 100 million annual adult visitors. This is more than just a significant potential market increase, it represents more than 100 times the current number of legally registered medical marijuana users in the state that are now capable of purchasing CannaStrips. We also believe that the smokeless benefits of CannaStrips are ideally suited to the stringent California smoke-free legislation, which restricts smoking of any kind in most public and commercial areas -- a restriction that would not apply to CannaStrips. We are very excited for the prospects of offering the Lifestyle Delivery Systems CannaStrips technology to over 100 million possible new customers."
The California market upon legalization will represent a market value greater than the rest of North America combined including Canada. The company has recently made modifications to increase production capacity in anticipation of the expanded distribution network required to meet the projected 2017 market demand.
About Lifestyle Delivery Systems
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.
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