Monday, September 26, 2016

HEMPLIFY SIGNS DISTRIBUTION AGREEMENT

Tinley Beverage signs distribution deal with SF Pipes

2016-09-26 09:39 ET - News Release

Mr. Jeff Maser reports
HEMPLIFY SIGNS DISTRIBUTION AGREEMENT WITH SF PIPES FOR THE SMOKE SHOP CHANNEL
The Tinley Beverage Company Inc. has entered into a distribution agreement with SF Pipes, a sales and distribution company based in the San Francisco Bay area. SF Pipes will act as a master distributor for the "head" and smoke shop channels. 

SF Pipes and its network of sub-distributors call on approximately 1,000 stores, mainly in California and neighbouring states. They will now add Hemplify Hemp Extract Infusion to their lineup of hemp extract oils, vape cartridges and other products that cater to the smoke shop channel. 

"The 'head' and smoke shop channels have grown significantly over the past 5 years, driven in part by the accelerating trend towards legalization of medical and adult-use marijuana in many jurisdictions across the country. Significant consumer awareness of hemp stalk extract-Hemplify's key ingredient-already exists in these channels, and most stores offer a variety of mainstream and specialty drinks and shots. 'Head' and smoke shops, along with the natural food store and convenience store channels, represent Hemplify's strategic points of entry into bricks and mortar retail distribution. SF Pipes has established itself as a leading player in the hemp extract market, and we look forward to working with them as we grow our respective businesses, " said Jeff Maser, CEO of the Company. 

About Hemplify, Inc. and The Tinley Beverage Company, Inc.
The Tinley Beverage Company (Toronto, Canada) is the parent company of Hemplify, Inc. (Santa Monica, California). Hemplify manufactures the "Hemplify" line of products. Hemplify is a line of fruit-flavored, sugar-free, vegan, drinkable supplements that contain hemp extract. This extract contains terpenes and other phytoconstituents. Each product also contains 9-12x the potassium electrolyte content of major sports drinks, 200mg of Omega 3 and excellent sources of vitamins A through E, including 100% DV of Vitamin B12, C and D. Hemplify is produced with patented technology that elevates absorption into the bloodstream, ensures shelf stability and masks the hemp oil's taste to deliver delicious, refreshing flavors. The company is selling its products in California and Nevada.

Tuesday, September 13, 2016

Lifestyle closes $715,100 final tranche of financing

2016-09-12 09:50 ET - News Release

Mr. Brad Eckenweiler reports
LIFESTYLE DELIVERY SYSTEMS INC. CLOSES ITS NON-BROKERED PRIVATE PLACEMENT
On Sept. 9, 2016, Lifestyle Delivery Systems Inc. closed its non-brokered private placement offering at a price of 18 cents per unit, of which the first tranche totalling 2,653,000 units for gross proceeds of $477,540 was closed on Aug. 25, 2016.

In the second and final tranche, the company issued additional 3,972,778 units for gross proceeds of $715,100. Due to strong investor demand, the offering was oversubscribed. Each unit sold under the offering consists of one common share of the company and one share purchase warrant entitling the holder to purchase one additional common share for a period of one year after closing at an exercise price of 18 cents per share.

The securities issued under the second tranche of the offering will be subject to a hold period expiring on Jan. 10, 2017, pursuant to applicable Canadian securities laws.

About Lifestyle Delivery Systems
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.
We seek Safe Harbor.