LC Luxuries Limited

August 27, 2010 09:00 ET

LLUX.PK Commences Operations in New Subsidiary U.S. Cannabis, Inc.

COSTA MESA, CALIFORNIA--(Marketwire - Aug. 27, 2010) - LC LUXURIES LIMITED (PINK SHEETS:LLUX) (the "Company") announces that its newly established subsidiary, U.S. Cannabis, Inc., a Nevada corporation, will begin supporting the U.S. medical marijuana market through the management of medical clinics in California. The clinics will be staffed by California Licensed, board-certified physicians and will meet or exceed all regulatory standards. The Company's intention is to set a standard by which the management of medical marijuana clinics will be measured. The Company intends to be managing 10 clinics before the calendar year end, 2010.

The Company's CEO, Douglas Francis, stated, "The Company is extremely excited with the expansion of our health and beauty model to now include the medical marijuana segment of health care. This sector may be the fastest growing sector of health care with some estimates exceeding $45 billion in annual revenues and, we are very serious about playing a significant role in that growth and beyond." President James Pakulis stated, "We believe this is an extraordinary opportunity for us to showcase our abilities as well as exhibit the advanced range of services we will be offering in a very young business sector. Our hope is that those service strengths will create a level of care, specialized to the client, unlike any other customer health service experience."


James Pakulis – President

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 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.

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.

The Pink OTC Markets Inc. does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • LC Luxuries Limited
    James Pakulis