COSTA MESA, Calif., Oct. 5, 2010 (GLOBE NEWSWIRE) -- LC Luxuries Limited (Pink Sheets:LLUX) (the "Company") today announced that, through its subsidiary, U.S. Cannabis, Inc., it will begin providing merchant services to healthcare providers, dispensaries and retailers in the cannabis industry that are located in states permitting medicinal cannabis. The Company, which currently owns existing merchant related software, will expand and enhance the software's platform and usability in order to provide an exceptional experience for the end user.
CEO Doug Francis states: "This is a natural progression for us. We already have the existing software that was used in our legacy makeup business, we're in the cannabis industry, and we want to continually be of service to our customers."
President Jim Pakulis agrees: "This compliments our overall business strategy in which we continually want to enhance the retailer's ability to assist their client base."
About LC Luxuries Limited (Pink Sheets:LLUX)
LC Luxuries Limited (Pink Sheets:LLUX), a Nevada based company with headquarters in Newport Beach, California, was in the business of selling beauty products such as makeup and perfume on the internet through its website makeup.com. As a result of the sale of certain domain names, the company is now developing a new website and seeking new business opportunities and effective February 1, 2010 the company is in the development stage.
About U.S. Cannabis, Inc.
U.S. Cannabis, Inc. is a Nevada corporation and is committed to the management of medical clinics for the lawful diagnosis and treatment of patients that may derive benefit from medical marijuana treatments.
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Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). LC Luxuries Limited cautions that statements made in this news release relating to the change of control and new business direction 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. LC Luxuries Limited undertakes no obligation to revise these statements following the date of this news release.
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