ILIV Cannabis news
MIAMI, FL --via eTeligis- Intelligent Living Inc. (OTCQB: ILIV), in its ongoing efforts to be a leading 21stcentury Health and Wellness company and its commitment to deliver best in breed services and products, announced its LOI with Green Roads of Florida, LLC a leader in the development ofCannabinoids(CBD's) and a herbal homeopathic manufacturer of products for conditions such as pain, migraines, psoriasis, sleep and spa therapies.
As initially outlined as part of the roadmap for 2014 released late last year, this acquisition exhibits further execution of the ILIV strategy to unveil innovative products within our Core Operating Area (COA) of health and wellness products and is complementary to our earlier acquisition of drlarrydirect.com. This acquisition would clearly strengthen our position going forward to be a leading ecommerce retailer of health, wellness and alternative formulas.These natural bioactive CBD compounds have health promoting and medicinal properties. These two product lines are synergistic and complementary in nearly every respect.
As the myths and stereotypes associated with cannabis are set aside in favor of the ever increasing science in support of its benefits and safety, management felt it was important to find a strategic entry into this space. Our LOI with Green Roads or Florida, LLC was the result of a search for a partner with the expertise and segmentation within the overall industry that would fit within the ILIV business plan. Their patent pending portfolio of topically delivered, CBD-based therapeutics and alternative formulary provides a strategic advantage that could not be ignored.
About Green Roads of Florida, LLC Green Roads of Florida, LLC is a leader in the development ofCannabinoids(CBDs) and, an herbal homeopathic manufacturer of products for conditions such as pain, migraines, psoriasis, and sleep and spa therapies. Green Roads has a current portfolio of 14 US patents pending.
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