WOFA~~News
TYLER, TX -- (Marketwired) -- 02/08/16 -- Wisdom Homes of America, Inc. (the "Company") (OTC PINK: WOFA) concentrates on licensing products and technology benefiting the cannabis patient and consumer.
The Company has signed a definitive Licensing Agreement with Canna Delivery Systems, Inc., a wholly owned subsidiary of Lifestyle Delivery Systems, Inc. (OTCQB: LDSYF), pursuant to which the Company has licensed the CannaStrips brands for Northern California. Through the Licensing Agreement and the technology provided, the Company will have the ability to produce, market and sell CannaStrip branded products.
"Since our announcement that we're re-entering the cannabis space, we've received a significant amount of interest from both the retail and distribution sides of the marketplace," states Jim Pakulis, CEO of WOFA. "Part of the interest has to do with our management's strong, successful track record in the cannabis industry in which we orchestrated the growth of General Cannabis from zero to $16 million in annual sales in less than two years; and part has to do with the CannaStrips product itself. CannaStrips are cannabis infused oral strips (similar to breath strips), providing an exacting and controlled dosage of cannabis, without the health risks associated with smoking or potential chemical inhalation associated with some smokeless inhalers. The reasons we chose to re-enter the marketplace with CannaStrips is that we believe CannaStrips offers high quality ingredients and consistent dosages at very strong price points. In my opinion there are very few, if any, products like this with such strong upside potential.