COSTA MESA, Calif., Oct. 22, 2010 (GLOBE NEWSWIRE) -- LC Luxuries Limited (Pink Sheets:LLUX) (the "Company") today announced that through its subsidiary, U.S. Cannabis, Inc., it has entered into a Letter of Intent with Synergistic Resources, LLC dba Marijuana Medicine Evaluation Centers, to assume all marketing and advertising responsibilities for 10 medical marijuana offices located in California. Synergistic Resources, LLC specializes in providing management expertise to the medical marijuana industry including, but not limited to, site location, staffing, administration and human resources.
Brent Inzer, President of Synergistic Resources, states: "LC Luxuries has exceptional SEO talent and we truly believe they're the best in the internet industry to drive traffic to the clinics. In addition, their seasoned management team truly understands the medical marijuana industry. We could not have found a better partner."
Doug Francis, CEO of the Company agrees: "By providing our internet expertise to the existing template that Synergistic Resources has created, we believe we will create growth for both companies."
About LC Luxuries Limited (Pink Sheets:LLUX)
LC Luxuries Limited (Pink Sheets:LLUX), a Nevada based company with headquarters in Newport Beach, California, continues to operate its historical merchant processing business that was started as a complement to its online makeup business. The Company is also pursuing complementary lines of business through its new subsidiary.
About U.S. Cannabis, Inc.
U.S. Cannabis, Inc., a wholly-owned subsidiary of LC Luxuries Limited, is committed to the management of medical clinics for the lawful diagnosis and treatment of patients that may derive benefit from medical marijuana treatments.
The Global Online Investment Community ... The Equities Group, Inc. (herein "TEG") is a global financial media network which owns and operates our branded specialty divisions, such as and , and manages our strategic network partnerships. TEG is expanding our interlinking portfolio of web properties to create a social network that bridges the world's financial markets and investment communities. Collectively our sites provide a unique array of news and data on the world's capital markets and economies.
The TEG team provides interactive advertising, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.
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.
CONTACT: LC Luxuries Limited James Pakulis - President 1-866-347-5057 The Equities Group, Inc. J. Ryan Whitten - Client Services 1-561-948-0330 x305 email@example.com