YARDLEY, Pa., July 29, 2014 /PRNewswire/ -- OSL Holdings, Inc. (OTCQB: OSLH) ("OSL" or "the Company"), a socially conscious business model dedicated to consumer advocacy, social activism and the advancement of civil liberties through the power of commerce and a management and services provider dedicated to delivering services to legal medical marijuana industry, announced today the re-launch of its corporate website (http://www.oslholdings.com).
OSL Holdings Inc. today announced the re-launch of its corporate website. "We have updated our site to reflect the launch of our new business unit, OSL Medical Services," said Steve Gormley, Chief Business Development Officer for OSL Holdings. OSL Medical Services, a wholly owned subsidiary of OSL Holdings, Inc., is a development platform centered on the development and financing of indoor gardens and cultivation facilities, production technologies, and merchandise and operational services for businesses in the herbal and supplement industry. OSL Medical Services is designed to support its clients with branding, technology, marketing, logistics, and future planning services basis throughout the United States. We plan to deliver services in five areas: 1) production, growing and genetics; 2) warehousing and logistics; 3) retail and operations; 4) marketing and sales; 5) franchising and licensing.
OSL Medical Services will provide these support services in compliance with all federal, state and local laws. At this time, OSL will not grow or sell marijuana, but intends to gain market share and create value for its shareholders by creating, marketing, and licensing brands as well as acquiring and licensing production technology. When federal law permits, OSL Medical Services will provide these services to legal and licensed growers and dispensers of medical marijuana.
"Our website now provides civil liberties activists, consumers, patients, businesses, corporations, suppliers, manufactures, shareholders and investors with a clear understanding of OSL's mission and OSL's two main business units, Equality Rewards and OSL Medical Services. The site continues to offer information on company news and the management team," said Bob Rothenberg, CEO of OSL Holdings. Bob Rothenberg went on to say, "The re-launch of our website coincides with the delivery of services on our first management and support contract in California and the beginning of an expected revenue stream from this operation."
OSL Holdings (OTC: OSLH) is a development and technology company specializing in affluent, liberal markets with high disposal income. The Company intends to operate a real-time loyalty rewards platform that can facilitate the earning and redemption of rewards currency at the point of the transaction (online, mobile, at retail) as well as on future transactions. OSL Holdings' target consumers are highly educated, respond to cause marketing initiatives and socially conscious business models, and are technologically savvy. On March 10, 2014, the Company announced its intent to enter the legal marijuana market when federal law permits, providing foundational work for branding, marketing, technology, and logistics to existing or emerging legal marijuana licensees.
The Company's filings with the SEC are available at http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001329957&owner=exclude&count=40.
For more information, please visit the Company's website at http://www.oslholdings.com.
Forward Looking Statements -- Safe Harbor
This press release contains forward-looking statements that involve risks and uncertainties concerning the plans and expectations of OSL Holdings, Inc. to provide services in the legal medical marijuana business and its expectations for future revenues. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, that the anticipated benefits of our management and support agreements in California may not be realized. More information about potential factors that could affect our business and financial results is included under the captions, "Risk Factors" in the our Annual Report on Form 10-K for the year ended August 31, 2013 which has been filed with the Securities and Exchange Commission ("SEC") and available at the SEC's website at http://www.sec.gov.
SOURCE OSL Holdings Inc.