TYLER, TX--(Marketwired - Mar 1, 2016) - Wisdom Homes of America, Inc. (the "Company") (
The Company is proud to announce that phase one of marketing CannaStrips has begun. The Company is in the process of distributing product samples of CannaStrips to select medical offices and dispensaries in northern California. CannaStrips are designed to provide patients with non-intrusive, non-smoking, alternatives in order to receive the cannabinoid medication using the CannaStrips technology. 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 Company will continue to expand the marketing campaign and anticipates receiving orders and generating revenue in the first quarter.
"Though we're just beginning our first phase of a multiphase marketing strategy for northern California, the enthusiasm we're receiving from patients testing the CannaStrips is certainly encouraging," states Jim Pakulis, CEO of WOFA. "The marketplace seems very receptive to how easy it is to use the product, the enjoyable flavors, and obtaining the desired results."
"According to various reports almost half of the revenues generated in the multi billion in revenue cannabis industry is from non-smoking products. We believe this segment will continue to grow at a faster rate than traditional methods. Combining that with the fact that in 2016 up to 14 states will be voting to legalize various forms of cannabis, we believe creates significant near and midterm opportunities for CannaStrips."
Earlier in the month the Company executed a licensing agreement with Canna Delivery Systems, Inc., a wholly owned subsidiary of Lifestyle Delivery Systems, Inc. (
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".
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.
Wisdom Homes of America, Inc.