Kariana Resources Acquires Canna Delivery Systems and Changes Name to Lifestyle Delivery Systems - Video News Alert on Investmentpitch.com
May 07, 2015 3:25 PM EDT | Source: InvestmentPitch Media
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2015) - Following the acquisition of Canna Delivery Systems by Kariana Resources, Kariana has changed its name to Lifestyle Delivery Systems, and is now trading under its new symbol "LDS" on the Canadian Securities Exchange.
InvestmentPitch.com has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Lifestyle Delivery" in the search box.
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http://www.investmentpitch.com/video/0_xsx3jk9o/Lifestyle-Delivery-Systems-CSE-LDS-New-Listing
Canna's filmstrip technologies produce 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. Canna's technology produces infused strips, similar to breath strips, 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. The company will license the technology to licensees, who will in turn manufacture CannaStrips where the legal use of marijuana is allowed.
In connection with the transaction, Mr. Brad Eckenweiler of Canna Delivery Systems has joined the board of directors of LifeStyle Delivery.
Brad Eckenwiler stated: "The entire CannaStrips team is excited for the opportunity that our new relationship will afford us, both in the ability for geographic expansion of CannaStrip licenses and a much more aggressive research and development schedule for our new products."
The shares are trading at $0.49, and with 23.2 million shares outstanding, the company is capitalized at $11.4 million.
For more information, please visit the company's website www.lifestyledeliverysystems.com, which is currently being launched or contact David Velisek at 604-688-9588 or email david.velisek@barongroupintl.com.
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