Oxford Investments Holdings Inc. Enters Into Partnership with Specialty CBD Company
Toronto, Ontario--(Newsfile Corp. - March 19, 2019) - Oxford Investments Holdings Inc. (OTC Pink: OXIHF) ("Oxford" or the "Company") is pleased to announce that Oxford has entered into a Partnership Agreement with Florida-based Lyf Partnerships, LLC, ("Lyf"), a distributor of high-quality specialty hemp-based CBD products developed for the health and wellness industry.
Under the terms of the partnership agreement, Oxford will be an 80% partner of the partnership and Lyf will be a 20% partner. This arrangement will enable Oxford to consolidate the revenues on its income statement. In consideration for Lyf's services, Oxford issued 6 million shares of its common shares to Lyf.
Lyf offers a wide range of hemp-based CBD products including sublingual tinctures, topical salves, protein powders for sports recovery, vitamins and gummies, pet products and skin care for the tattoo industry. Lyf products are sold online from its website, www.lyfproducts.com as well as through resellers on e-Commerce portals such as Amazon. Lyf can also white-label CBD products for other CBD distributors.
Lyf Products are made in the USA and are comprised of 100% natural, organic, and environmentally safe ingredients. Lyf Products are non-toxic, non-GMO, sulfate & sulfite free, free of all parabens, dyes and artificial fragrances, vegan, and cruelty free. Each Lyf brand CBD formulation is lab-tested and lab-certified for quality-assurance to ensure consumers are receiving top quality CBD.
"We are very excited about the partnership with Lyf because they produce lab-certified CBD products to ensure our customers are receiving top-quality CBD. Quality control is essential for consumer confidence and to ensure our credibility in the marketplace," says Michael Donaghy, President of Oxford. "CBD is a relatively new, fast-growing industry, and consumers are starting to become aware of the health and wellness benefits of CBD. Educating our customers is an important part of our business model as people search for more effective solutions to their health issues."
Oxford Investments Holdings Inc.
Michael Donaghy 1-416-576-4671
About Oxford Investments Holdings Inc.
Oxford Investments Holdings Inc., through its Florida-based subsidiary, FloraCana Consultants Inc. is marketing the sale of CBD store franchises and license agreements throughout the United States under the Pioneer Green USA brand. The Company currently has three licensed stores operating in Florida and plans to expand into Canada once Health Canada legislation around CBD is established.
FORWARD LOOKING STATEMENTS DISCLAIMER:
Statements in this press release, which are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with product liability and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on suppliers, risks relating to international operations, risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.
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