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Lifestyle Delivery Systems Inc
Symbol LDS
Shares Issued 107,494,894
Close 2018-05-04 C$ 0.80
Recent Sedar Documents

Lifestyle installing natural gas line at nursery

2018-05-07 09:39 ET - News Release

Mr. Brad Eckenweiler reports

LIFESTYLE DELIVERY SYSTEMS INC. ANNOUNCES CSPA GROUP, INC. AND LDS AGROTECH PREPARE FOR NATURAL GAS POWER GENERATION AT CULTIVATION AND NURSERY FACILITY

CSPA Group Inc., together with Lifestyle Delivery Systems Inc.'s LDS Agrotech Inc., is preparing for commencement of natural gas power generation at the cultivation and nursery facility scheduled for the last week of May, 2018.

CSPA and LDS Agro are finishing the installation of a four-inch gas line to the natural gas generator and associated electrical connections to supply 480 three-phase power of over 4,200 amps to the cultivation and nursery facility in Adelanto. This is the final step in the completion of the cultivation and nursery projects. Upon completion, the company will schedule its final inspection for the certification of occupancy of the cultivation division. Once the final certificate of occupancy is issued, CSPA will be able to apply for the state licence to begin its cultivation of isogenic strains, specifically developed for the CannaStrips and Reveur product lines.

Brad Eckenweiler, chief executive officer of LDS, stated, "This is an important step in controlling the ingredients that are used in our manufacturing process, which in turn allows for consistent quality and repeatable results in each of our products every time." CSPA intends to sell specific strains of seedlings to contract growers and repurchase the mature harvested plants for its manufacturing and production of CannaStrips and Reveur products.

CSPA has also taken delivery of 1,500 pounds of biomass for contract extraction with an anticipated yield of between 60 to 70 litres of high-grade extraction. CSPA continues to expand its extraction capabilities both in its quality and the daily quantity. The initial extraction results and the associated feedback from the biomass providers have caused CSPA to begin preparing the facility for possible long-term contracts for producing white label extraction and distillation products. The company will continue to keep the shareholders informed as information becomes available.

About Lifestyle Delivery Systems Inc.

Lifestyle Delivery Systems is a licensed, state-compliant vertically integrated cannabis-related company.

We seek Safe Harbor.

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