Core Insights - Glow Lifetech Corp. has announced significant commercial updates, including new key account wins and national distribution expansion, indicating continued commercial growth [1][4]. Group 1: Commercial Expansion - Glow has secured a new retail listing with One Plant Corp., expanding MOD™ products to over 60 retail locations across Ontario and Saskatchewan [2][3]. - The partnership with One Plant, a leading cannabis retailer in Canada, enhances Glow's retail expansion strategy and broadens MOD's consumer reach [3][4]. - Glow has successfully completed its first shipment into Saskatchewan, marking its initial entry into Western Canada with 10 product listings across its MOD™ and .decimal™ brands [7]. Group 2: Financial Health - To strengthen its balance sheet, Glow plans to issue up to 714,286 common shares to settle approximately $50,000 in outstanding debt at a deemed price of $0.07 per share [8]. - This debt settlement is aimed at preserving cash for working capital, reflecting the company's focus on improving financial health to support growth initiatives [8]. Group 3: Company Overview - Glow Lifetech is a Canadian biotechnology company specializing in nutraceutical and cannabinoid-based products, utilizing MyCell Technology® for enhanced bioavailability and effectiveness [11].
Glow Lifetech Provides Commercial & Corporate Update; Launches New Key Accounts, Advances National Expansion
Newsfile·2025-10-20 20:15