21:09:15 EDT Wed 15 May 2024
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Glow Lifetech Corp
Symbol GLOW
Shares Issued 57,108,546
Close 2023-08-11 C$ 0.08
Market Cap C$ 4,568,684
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Glow Lifetech ships first MOD THC drops to OCS

2023-08-16 12:48 ET - News Release

Mr. Rob Carducci reports

GLOW LIFETECH SUCCESSFULLY COMPLETES FIRST COMMERCIAL PRODUCTION AND SHIPMENT TO ONTARIO CANNABIS STORE

Glow Lifetech Corp. has successfully completed its first production and shipment to the Ontario Cannabis Store (OCS), marking its entrance into the Canadian adult-use cannabis market. The product is expected to be available in select Ontario retail locations and on-line in the middle of September, 2023.

Glow launched with MOD THC Berry drops, a brand of naturally flavoured water-soluble drops featuring its proprietary MyCell technology. The company successfully completed its first commercial-scale production of its proprietary MyCell cannabis ingredients and MOD products at its Canadian processing facility. In the coming months, Glow expects to launch additional SKUs (stock keeping units) and its second brand, .decimal, into the Canadian market.

"This inaugural shipment to the Ontario Cannabis Store marks a major milestone for Glow Lifetech and we're extremely proud to bring our breakthrough MyCell technology to Canada's largest cannabis market," said Rob Carducci, chief commercial officer, Glow Lifetech. "We look forward to continuing to expand our available product portfolio and distribution network across Canada."

MOD drops are water-soluble cannabis extract drops with a burst of natural flavour (or flavourless versions), quick onset and zero sugar. Packaged in a compact easy-to-dose squeeze dropper bottle, where one drop delivers one mg (milligram) of cannabinoids, MOD gives consumers the freedom to customize your cannabis experience, your own way, whenever, wherever. It features Glow's 100 per cent natural MyCell rapid-onset technology for faster, more consistent absorption and great taste. MOD is setting a new standard for a more enjoyable and effective cannabis experience you can feel good about.

OCS is the largest provincial distributor of cannabis products in Canada, the sole wholesaler to more than 1,600 privately owned retail cannabis stores in Ontario and the only regulated on-line retailer of adult-use cannabis products in the province. Wholly owned by the Province of Ontario, OCS works with licensed producers authorized by Health Canada. All Ontario retailers purchase their product inventory through the OCS and Ontario consumers are able to buy select products on-line.

Recent news

The company recently announced it has received its first product listing and initial purchase orders from the Ontario Cannabis Store for its newly launched MOD THC Berry drops.

About Glow Lifetech Corp.

Glow Lifetech is a Canadian-based biotechnology company focused on producing nutraceutical and cannabinoid-based products with dramatically enhanced bioavailability, absorption and effectiveness. Glow has rights to the groundbreaking, plant-based MyCell technology delivery system, which transforms poorly absorbed natural compounds into enhanced water-compatible concentrates that unlock the full healing potential of the valuable compounds.

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