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Last Post: 11/23/2016 2:52:58 PM - Followers: 11 - Board type: Free - Posts Today: 0
Updates and headlines from Lifestyle Delivery Systems Inc

 

Lifestyle's CDS to receive $25,000 (U.S.)/year from HAI

2015-06-29 09:14 ET - News Release

Mr. Brad Eckenweiler reports

CANNA DELIVERY SYSTEMS INC. SIGNS A NON-EXCLUSIVE DEFINITIVE LICENSE AGREEMENT WITH HEALTHY ASYLUM INC. A CALIFORNIA CORPORATION FOR A CANNASTRIPS TECHNOLOGY LICENSE

Canna Delivery Systems Inc. (CDS), a wholly owned subsidiary of Lifestyle Delivery Systems Inc., has entered into a non-exclusive licence agreement with Healthy Asylum Inc. (HAI). CDS will licence the CannaStrips technology to HAI for an annual $25,000 (U.S.) fee, and HAI will also be responsible to pay CDS for all continuing packaging costs and non-cannabis ingredients for production. HAI will be responsible for the sourcing of any cannabis ingredients. The licence has a one-year renewable term, and restrictive conditions on formulation, manufacturing, packaging and distribution methods. The necessary equipment must be leased from CDS and can only be used for the purposes of producing the licensed products.

Healthy Asylum Inc.'s chief executive officer, Joshua Roper, stated, "We intend to begin production immediately and anticipate having our first sales this July."

CDS's film-strip technology produces 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. CDS'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. CDS will license the technology to licensees, which will in turn manufacture CannaStrips where the use of cannabis is legal.

The company's CEO, Brad Eckenweiler, commented, "This completed licence agreement represents the company's first step in its monetization of the CannaStrips technology business model."

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#57   I really thought this was going to make KM24207 11/23/16 02:52:57 PM
#56   Great news today should start buying-famous last words Sam Dan 11/22/16 08:57:09 AM
#55   This statement is one of concern discovered in tonyo524 11/15/16 12:53:22 AM
#54   Big buying on the Canadian symbol, looks like MountainOfMoney 11/07/16 12:37:58 PM
#53   Lifestyle Delivery Systems Inc. (CSE:LDS) (LDSYF) (LD6.F), ("LDS" Sam Dan 11/07/16 10:34:57 AM
#52   I found a link http://finance.yahoo.com/news/lifestyle-delivery-systems-inc-sign MountainOfMoney 11/07/16 10:11:11 AM
#51   Do you have the link? MountainOfMoney 11/07/16 10:04:05 AM
#50   One of my services sent out this headline Sam Dan 11/07/16 08:46:27 AM
#49   One of my services sent out this headline Sam Dan 11/07/16 08:46:12 AM
#48   I bought at 7 and sold in the MountainOfMoney 11/06/16 11:40:10 PM
#47   What stock are you looking at??This has been MMMQA 11/06/16 06:08:22 PM
#46   New highs almost every day and sellers drying up. MountainOfMoney 10/31/16 10:58:26 AM
#45   OK First ceiling of $1.00 reached. A close Sam Dan 10/31/16 10:04:00 AM
#44   This could be a mainstream product after the MountainOfMoney 10/28/16 03:56:12 PM
#43   IMPORTANT POLLS FROM CALIFORNIA FAVOURS LEGALIZATION Sam Dan 10/27/16 07:24:50 AM
#42   Agreed M.O.M. Calli is 40M people. Gotta love Molybucks 10/26/16 06:47:51 PM
#41   $3.40 a share would be a nice xmas gift MountainOfMoney 10/26/16 06:31:01 PM
#40   Your on the wrong board. WOFA was a MountainOfMoney 10/26/16 06:27:36 PM
#39   Don't forget about the other ticker that's out yesterdaysnews74 10/26/16 04:17:51 PM
#38   Absolutely! Great time to add or buy in sask911 10/26/16 12:34:32 PM
#37   $3 next month I heard Gonewiththewind 10/26/16 11:57:33 AM
#36   Great news, shes climbing LDSYF MountainOfMoney 10/26/16 09:54:03 AM
#35   Great news release this morning! up2tee 10/26/16 08:26:21 AM
#34   Bring on November MountainOfMoney 10/25/16 11:28:18 PM
#33   I agree. I think that's very doable. TRUMPSTER! 10/25/16 11:06:44 PM
#32   Looking good here! Locked and loaded and ready TRUMPSTER! 10/25/16 11:05:26 PM
#31   I just heard another analyst put a price MountainOfMoney 10/25/16 08:55:13 PM
#30   Well I would say anything under a dollar sask911 10/25/16 08:22:43 PM
#29   I agree Mountain! Another great day of gains up2tee 10/25/16 08:19:40 PM
#28   This pot stock will be a leader, it MountainOfMoney 10/25/16 07:40:00 PM
#27   I agree, Nov 08 is a big day sask911 10/25/16 05:52:19 PM
#26   I would not be surprised to see this MountainOfMoney 10/25/16 04:50:41 PM
#25   It's go time, new high set every week MountainOfMoney 10/25/16 04:47:04 PM
#24   Great loading zone IMO Gonewiththewind 10/25/16 03:23:11 PM
#23   I am hearing $2-$3 by xmas Gonewiththewind 10/25/16 03:22:55 PM
#22   The marijuana madness is coming to Cannastrips Gonewiththewind 10/25/16 03:21:02 PM
#21   The market is waking up Gonewiththewind 10/25/16 03:20:42 PM
#20   We could see monster bids at the end MountainOfMoney 10/25/16 02:54:33 PM
#19   This could get crazy as Nov 8th gets closer. MountainOfMoney 10/25/16 01:19:18 PM
#18   New highs set again today. MountainOfMoney 10/25/16 01:18:39 PM
#17   LDSYF on fire right now, dollar-land coming MountainOfMoney 10/25/16 01:18:03 PM
#16   Asks very thin now. Hang on tight. MountainOfMoney 10/25/16 01:17:05 PM
#15   This could be a 5 bagger from here folks. MountainOfMoney 10/25/16 01:16:34 PM
#13   News out today on the joint venture yesterdaysnews74 06/15/16 01:34:44 PM
#12   Check WOFA a subsidiary of LDS going to yesterdaysnews74 05/13/16 11:54:09 PM
#11   News out today on HA first production run. Molybucks 02/23/16 11:59:32 AM
#10   Waking up at long last.... Molybucks 02/19/16 12:25:46 PM
#9   Once the contracts and licences are rolling folks Molybucks 08/13/15 03:21:45 PM
#8   A small flicker of light today..... Molybucks 08/13/15 02:23:18 PM
#7   Nice little clean up on the Canadian side Molybucks 06/30/15 09:10:37 PM
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