TYLER, TX--(NewMediaWire - Feb 8, 2016) - Wisdom Homes of
America, Inc. (the "Company") (OTC
PINK: WOFA) concentrates on licensing products and
technology benefiting the cannabis patient and consumer.
The Company has signed a definitive Licensing Agreement with
Canna Delivery Systems, Inc., a wholly owned subsidiary of
Lifestyle Delivery Systems, Inc. (OTCQB: LDSYF),
pursuant to which the Company has licensed the CannaStrips brands
for Northern California. Through the Licensing Agreement and
the technology provided, the Company will have the ability to
produce, market and sell CannaStrip branded products.
"Since our announcement that we're re-entering the cannabis
space, we've received a significant amount of interest from both
the retail and distribution sides of the marketplace," states Jim
Pakulis, CEO of WOFA. "Part of the interest has to do with our
management's strong, successful track record in the cannabis
industry in which we orchestrated the growth of General Cannabis
from zero to $16 million in annual sales in less than two years;
and part has to do with the CannaStrips product
itself. CannaStrips are cannabis infused oral strips (similar
to breath strips), providing an exacting and controlled dosage of
cannabis, without the health risks associated with smoking or
potential chemical inhalation associated with some smokeless
inhalers. The reasons we chose to re-enter the marketplace with
CannaStrips is that we believe CannaStrips offers high quality
ingredients and consistent dosages at very strong price
points. In my opinion there are very few, if any, products
like this with such strong upside potential.
"One of the most important aspects of the licensing agreement is
the territory. We have the rights to distribute in what is
arguably the largest cannabis region in the United States, Northern
California. And 2016 is again seeing strong sales in the
medicinal and recreational cannabis space which we believe will
continue on this trajectory for at least another five years,"
according to Jim Pakulis.
The Company plans on filing for a name change in the near
future. The Company also announced that effective January 29,
2016 the "D" was dropped from its symbol and it is again trading
under the ticker "WOFA".
About Wisdom Homes of America, Inc.
Wisdom Homes of America, Inc., located in Tyler, Texas, has
discontinued its manufactured housing retail centers. The
Company concentrates on licensing products and technology that
benefit the cannabis patient and consumer. The Company's
common stock trades on the OTC Pink, under the ticker symbol
"WOFA". More information about Wisdom Homes can be found
at http://wisdomhomesofamerica.com
Safe Harbor Notice
Certain statements contained herein are "forward-looking
statements". Wisdom Homes of America, Inc. cautions that
statements made in this news release constitute forward-looking
statements and makes no guarantee of future performance.
Forward-looking statements are based on estimates and opinions of
management at the time statements are made. These statements may
address issues that involve significant risks, uncertainties,
estimates and assumptions made by management. Actual results
could differ materially from current projections or implied
results. Wisdom Homes of America, Inc. undertakes no
obligation to revise these statements following the date of this
news release.