More good news for LDS
("LDS" or the "Company") is pleased to provide its shareholders with an update on the latest stores carrying the Company's flagship product, CannaStripsTM.
The Company's wholly-owned subsidiary, CSPA Group, Inc., has recently distributed CannaStripsTM into various dispensaries in the Southern California Region. Aside from self-distributing CannaStripsTM, the Company is working closely with the Rise Distribution sales team to support the roll out into their 200+ stores, including their newly acquired Hometown Heart delivery service. Hometown Heart has completed over 800,000 deliveries since start-up in 2015 and accomplishes over 1,500 deliveries daily to the San Francisco Bay Area alone. The Company will be receiving an update on the stores that Rise has put CannaStripsTM into very soon.
The new stores scheduled to receive the Company's products this week are:
One Love Beach Club
The Lift
Leaf & Lion
BARE Dispensary (Delivery 4/9/18)
Cathedral City Care Collective (Delivery 4/10/19)
Palm Royal Collective (Delivery 4/10/2019)
The Company has been successfully producing CBD CannaStripsTM with the first batch being picked up for State Certified Compliance Testing. Once The Company receives the results, the CBD CannaStripsTM will be distributed to all the stores the Company sells its products in as well as added to the Rise Distribution channel and their newly acquired Hometown Heart Delivery service.
Casey Fenwick, President of LDS, stated, "I have received tremendous feedback from the retailers that currently carry our CannaStripsTM. With the upcoming cannabis industry holiday this April 20th, we are making sure that our retailers have enough inventory of our CannaStripsTM to be able to meet the expected demand. Based on the feedback from the retail stores, the industry holiday can dramatically increase in-store and home delivery sales. I am excited to see the results in sales from that industry holiday weekend."
The Company's CEO, Brad Eckenweiler, states, "The immense traction we are getting with CannaStripsTM has been as we expected. And we are certain that the marketing campaign the Company is currently working on will further propel the growth of our brands and helps us to roll out the CannaStripsTM to a larger client base."
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