OSL Holdings Acquires Option on Exclusive Rights to Top-Tier Cannabis Genetic Catalog and Nutrients

Future Option for Acquisition of Genetic Catalog containing 22 cannabis strains including several "clone only" varietals, a high CBD strain for medicinal applications, and a combination of indicas, sativas, and a number of proprietary hybrids; Also Includes Three Exclusive Nutrient Mixtures, One Organic (OMRI listed)

May 29, 2014, 08:00 ET from OSL Holdings Inc.

ORANGEBURG, New York, May 29, 2014 /PRNewswire/ -- OSL HOLDINGS (OTCQB: OSLH) ("OSL" or "the Company"), a growth-stage public company in the business of acquiring and optimizing key aspects of the legal cannabis industry, today announced that it has executed a definitive agreement for an option to acquire the exclusive rights to Genetic Catalog of 22 unique cannabis strains including several "clone only" varietals and three exclusive nutrient mixtures, one of which is organic (OMRI listed).

"With the acquisition of these premium genetics and nutrients, OSL continues to build its portfolio of exclusive products and know-how that may be licensed to our partners and clients in the future," said Bob Rothenberg, CEO of OSL Holdings. "We believe that unique, consistent, high-quality products will be a significant market differentiator and competitive advantage, which we will be able to provide to our licensing partners in the form of cutting-edge genetics and nutrients."

About OSL

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 entry into the legal cannabis market, setting up foundational work for branding, marketing, technology, and logistics to future legal cannabis licensors via master services, consulting, and lease agreements.

For more information, please visit the Company's website at www.oslholdings.com.

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OSL Holdings Inc.


SOURCE OSL Holdings Inc.