TORONTO, Aug 9, 2023 – Glow LifeTech Corp. (CSE: GLOW) (OTCQB: GLWLF) (FSE: 9DO) (“Glow” or the “Company”) is pleased to announce that it has received its first product listing and initial purchase orders from the Ontario Cannabis Store (“OCS”) for its newly launched MOD THC Berry drops, a brand of naturally flavoured water-soluble drops featuring Glow’s proprietary MyCell® Technology. The product is expected to be available in Ontario retail locations and online at ocs.ca starting September 2023.
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 online 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.
“We’re thrilled to launch our highly-anticipated MOD drops in Ontario first and to be able to showcase our breakthrough technology in Canada’s largest cannabis market,” said Rob Carducci, Chief Commercial Officer, Glow LifeTech. “The OCS is the largest centralized wholesale cannabis organization in the world, and this listing sets the stage for expansion across the country.”
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™ 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 the launch of two cannabis consumer brands in Canada, MOD and .decimal, with both featuring Glow’s portfolio of proprietary liquid and powder cannabis ingredient technologies. Full Story Here: https://bit.ly/448DyZO
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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.
Website: www.glowlifetech.com
Contact:
James Van Staveren
Glow LifeTech Corp.
TF. 855-442-GLOW (4569)
ir@glowlifetech.com
Bernhard Langer
EU Investor Relations
+49 (0) 177 774 2314
blanger@glowlifetech.com
Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. There are no assurances that the commercialization plans for the technology described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, which filings are available at www.sedar.com
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