GLOW LIFETECH CORP - GLWLF STOCK NEWS

Glow Lifetech Corp. (CSE: GLOW) (OTC PINK: GLWLF) reported strong Q1 2024 results, with revenue increasing 480% quarter-over-quarter to $148,107 and an impressive 70% gross margin. The company's net loss improved by 40% compared to Q4 2023. Glow launched 4 new cannabis products in Ontario during Q1, expanding its MOD™ drops and .decimal™ capsules ranges. Retail distribution accelerated, reaching ~500+ stores in Ontario. The company's MOD™ drops secured the #1 position in the water-soluble drop brand category and became the #3 brand in the broader Oils category in Ontario. Glow strengthened its balance sheet post-Q1, raising $605,000 through a private placement and settling $211,837 of indebtedness.

Glow LifeTech Corp. announces a cease trade order by the Ontario Securities Commission due to the company's failure to file its audited consolidated financial statements for the year ended December 31, 2023. Despite the order, certain holders may sell securities through specific regulated markets and investment dealers. The company expects no interruption in operations during the order, with revocation anticipated after filing the required documents.

Glow LifeTech Corp. announces the late filing of financial statements due to the Auditor being under investigation for professional misconduct. The company is seeking a new auditor and has applied for a management cease trade order with the Ontario Securities Commission. The Annual Filings for the year ended December 31, 2023, will not be filed by the deadline of April 29, 2024.

Glow LifeTech Corp. appoints Rob Carducci as CEO, with a strong background in CPG and tech industries. The company anticipates significant growth in 2024 with a focus on revenue acceleration and profitability. W. Clark Kent steps down as CEO, replaced by James Van Staveren on the Board of Directors. Medhanie Tekeste and Greg Falck resign as Directors. Glow also announces a major product launch in Ontario.

Glow LifeTech Corp. (GLWLF) announces the launch of four new cannabis products in Ontario, doubling its active SKUs. The products under MODTM and .decimalTM brands are expected to drive revenue growth with innovative features. The company's Chief Commercial Officer, Rob Carducci, highlights the significance of this product launch in expanding the brand portfolio and meeting growing demand.

Glow LifeTech Corp. settles $211,837 of indebtedness through the issuance of 4,236,747 units at $0.05 per unit. Each unit includes a common share and half a common share purchase warrant, with warrants exercisable at $0.07 per share. Common shares are subject to a four-month hold period.

Glow LifeTech Corp. settles $211,837 of indebtedness through the issuance of 4,236,747 units at a price of $0.05 per unit. Each unit consists of one common share and one-half a common share purchase warrant. The whole warrant is exercisable into one common share at a price of $0.07 per warrant share until two years from the date of issuance. All common shares issued are subject to a hold period of four months plus a day.

Glow LifeTech Corp. (CSE: GLOW) (OTCQB: GLWLF) announces a non-brokered private placement financing for gross proceeds of up to $250,000 through the issuance of up to 5,000,000 units in the capital of the Company at a price of $0.05 per Unit. The Company intends to use the gross proceeds for general working capital purposes, general and administrative expenses, and expenditures related to production and manufacturing. Recently, Glow also announced new product listings with the Ontario Cannabis Store, expanding its product portfolio and launching new products in Ontario for the holiday season.

Glow LifeTech Corp. announces the launch of two new products, MOD™ THC Lime Drops and .decimal™ CBD 20mg - 90 Capsules, expanding its product range in the Ontario market. The new products are expected to be available in select Ontario retail locations and online at www.ocs.ca in December 2023.