Vancouver, British Columbia, Canada, January 23, 2018, Lifestyle Delivery Systems Inc. (CSE: LDS), (OTCQB: LDSYF) and (Frankfurt: LD6, WKN: A14XHT) (“LDS” or the “Company”) announces that on January 16, 2018, the Mojave Desert Air Quality Management District (“MDAQMD”) issued a permit to LDS Scientific, Inc., to operate under the Temporary Category M Type 7 Manufacturing with Volatile Solvents License. The Permit is valid through June 2018, at which time the facility and its operations will be reviewed by MDAQMD. Upon a favorable review the permit can be renewed for one year.
Brad Eckenweiler, CEO of LDS, stated, “There are benefits to being a first mover, however there are also challenges.” Just prior to the year-end, the Company was notified that the MDAQMD, an environmental agency of the State of California, would require a permit for operating under the CSPA Group Inc.’s Type 7 – Manufacturer 2 for Medical Cannabis Volatile Extraction License #00000001. LDS Scientific completed the application with requested calculation and usage projections and upon submission to the MDAQMD and were informed that the review time is normally six to eight weeks. The Company explained our concerns with regards to the facilities employees having been out of work all December during the holidays hoping to be back at work in January and that any help on expediting the permit review process would be sincerely appreciated. The Mojave Desert Air Quality Management District staff went above and beyond our expectations and five business days after our submission issued the required permit. Unfortunately, that day the Company also received notification from the San Bernardino County Fire Department that they have decided to amend their previous facility approval to require additional fire sprinklers in the three extraction rooms. The additional sprinkler modifications and their integration into the alarm systems and atmosphere warning systems were completed Saturday afternoon and the confirmation of the completion was emailed to the San Bernardino County Fire Department inspector. During the time we were working on the MDAQMD permit the Company modified the extraction equipment to improve efficiencies and reduce maintenance time. Those improvements were certified for safe operation. Mr. Eckenweiler continued his comments, “We are in a new industry where the governing bodies, enforcement agencies and legislators alike are feeling their way through numerous health, safety, commercial, financial and accountability issues. These uncertainties will likely continue to produce challenges for everyone in this industry and LDS will continue to meet those challenges as it develops a corporate foundation not for the short term but for the future.” The Company is in production and will have details for its shareholders at the Company’s Annual General Shareholders Meeting. The Company will provide audio highlights of the AGM on the website.
About Mojave Desert Air Management District
The Mojave Desert Air Quality Management District is geographically the second largest of the state’s 35 air districts. As the air pollution control agency for San Bernardino County’s High Desert and Riverside County’s Palo Verde Valley, the District has primary responsibility for regulating stationary sources of air pollution located within its jurisdictional boundaries. Air Monitoring staff operates and maintains six monitoring stations (Barstow, Hesperia, Phelan, Trona, Twentynine Palms, & Victorville) within the District’s 20,000 + mile jurisdiction. http://mdaqmd.ca.gov/
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
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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. In addition, marijuana remains a Schedule I drug under the United States Controlled Substances Act of 1970. Although Congress has prohibited the US Justice Department from spending federal funds to interfere with the implementation of state medical marijuana laws, this prohibition must be renewed each year to remain in effect. 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.