00:18:25 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Glow Lifetech Corp
Symbol GLOW
Shares Issued 57,108,546
Close 2023-09-21 C$ 0.09
Market Cap C$ 5,139,769
Recent Sedar Documents

Glow Lifetech signs supply deal for Saskatchewan

2023-09-26 14:20 ET - News Release

Mr. Rob Carducci reports

GLOW LIFETECH ANNOUNCES EXPANSION INTO SASKATCHEWAN MARKET WITH DISTRIBUTION AGREEMENT WITH NATIONAL CANNABIS DISTRIBUTION; SUCCESSFULLY SHIPS FIRST ORDER

Glow Lifetech Corp. has signed a wholesale distribution and supply agreement with National Cannabis Distribution (NCD) for exclusive wholesale distribution and supply in the province of Saskatchewan. Glow also successfully shipped its first purchase order of its newly launched MOD(TM) THC Berry drops to NCD for the Saskatchewan market, building on its recent commercial launch in Ontario in August 2023[1].

"Saskatchewan offers unique growth prospects for Glow because, unlike other Canadian provinces, it has a private wholesale and retail cannabis distribution model. This model allows for a much faster route-to-market and greater flexibility in selection of SKUs available for sale," said Rob Carducci, Chief Commercial Officer, Glow LifeTech. "Our partnership with NCD allows us to quickly expand our distribution to their well-established network of retailers across the province."

NCD is a leading wholesaler in the Province of Saskatchewan, the only vertically integrated Province in the Canadian cannabis market. NCD distributes to over two-thirds of the market in Saskatchewan and continues to build a portfolio of products with a commitment to providing craft, artisan, and boutique licensed producers a proven path to market within Saskatchewan.

"National Cannabis Distribution is focused on curating the best assortment of products for our retail partners, and we look forward to offering Glow's innovative product lines to the Saskatchewan marketplace," said NCD General Manager, Brent McFadzen.

Under the terms of the Wholesale Agreement, NCD will act as the exclusive provincial wholesaler and distributor for Glow's portfolio of adult-use cannabis brands including MOD(TM) drops and .decimal(TM) capsules, to authorized private retailers in Saskatchewan for an initial period of two years. Glow's MOD dropsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3920/181921_83c410db84d6faa6_001full.jpg

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 1 drop delivers 1 mg of cannabinoids, MOD gives consumers the freedom to customize your cannabis experience, your own way, whenever, wherever. It features Glow's 100% natural MyCell(TM) 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.

Recent News

The Company recently announced it has successfully completed its first production and shipment to the Ontario Cannabis Store ("OCS"), marking its entrance into the Canadian adult-use cannabis market. Full Story Here: https://bit.ly/3PIaSmm

SUBSCRIBE: For more information on Glow or to subscribe to the Company's mail list visit: https://www.glowlifetech.com/news

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(TM) delivery system, which transforms poorly absorbed natural compounds into enhanced water-compatible concentrates that unlock the full healing potential of the valuable compounds.

Website: www.glowlifetech.com

About National Cannabis Distribution Inc.:

NCD is a leading wholesaler in the Province of Saskatchewan, the only vertically integrated Province in the Canadian cannabis market. NCD distributes to over two-thirds of the market in Saskatchewan and continues to build a solid portfolio of products with a commitment to providing craft, artisan, and boutique licensed producers a proven path to market within Saskatchewan. With multiple exclusive distribution partnerships in Saskatchewan and strategic planning, NCD has positioned itself as a leader within the cannabis supply community.

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