19.10.2017 14:00:00
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Lifestyle Delivery Systems' Facility Receives Tested Material from Licensed Northern California Cultivators and Officially Begins Operations
VANCOUVER, British Columbia, Oct. 19, 2017 /CNW/ -- Lifestyle Delivery Systems Inc. (CSE: LDS), (OTCQB: LDSYF) and (Frankfurt: LD6, WKN: A14XHT) ("LDS" or the "Company") announces that on October 16, 2017, LDS Scientific took receipt of raw fresh frozen whole plant material for the purpose of extraction and conversion into medicinal cannabis products. The material was tested by an independent third party laboratory in Northern California prior to it being acquired, showing no trace amounts of pesticides, fungicides, mold or infestation. The CSPA Group's extraction team from LDS Scientific has completed the laboratory training of its technicians and lab assistants on October 18, 2017, in preparation for the commencement of operations on October 19, 2017. The City of Adelanto, LDS Scientific and Lifestyle Delivery Systems will be in attendance for the ribbon cutting ceremony at the facility today. In attendance will be Jerry & Debbie Davis of CSPA Group Inc., Brad Eckenweiler, CEO of LDS, the Mayor of Adelanto Richard Kerr, Crystal Elrod of LDS Scientific and team, Gabriel Elliot the City Manager, Jessie Flores Head of Business Development for the City of Adelanto, Mayor Pro Tem Jermaine Wright Sr. and members of the city council and city staff.
Brad Eckenweiler, CEO of LDS, stated, "To say that we are excited about the official commencement of operations here in Adelanto would be a gross understatement. Everyone involved in this project has worked tirelessly, given amazing effort and countless hours of overtime and weekends to bring this project to its ultimate conclusion, a state-of-the-art facility. I have said this before and will continue to remind everyone watching this project develop that if not for all the efforts put forth by the City of Adelanto, its Planning Commission and staff, the City Council, Gabriel Elliot, Jessie Flores and the Mayor of Adelanto Richard Kerr this project would not have been possible." The LDS Scientific's team anticipates commencement of finished product production next week.
About Lifestyle Delivery Systems Inc.
The Company'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. In addition, with the entering into its management services agreements with NHMC, Inc. and CSPA Group, Inc., the Company has begun its direct involvement in the growing of medicinal ingredients for, and the manufacturing of, its products. From seed to sale, the Company's products and ingredients will be tested for quality and composition throughout the formulation and production processes, resulting in a delivery system that is safe, consistent and effective.
On behalf of the board of directors of Lifestyle Delivery Systems Inc.
Brad Eckenweiler, CEO & Director
FOR MORE INFORMATION, PLEASE CONTACT:
investor.relations@lifestyledeliverysystems.com
1-866-347-5058
And
Skanderbeg Capital Advisors
604-687-7130
mario@skanderbegcapital.com
Cautionary Disclaimer Statement:
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to the Company's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, The Company undertakes no obligation to publicly update or revise forward-looking information.
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SOURCE Lifestyle Delivery Systems Inc.
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