Glow Lifetech Stock Price, News & Analysis

Glow Lifetech (GLWLF) reported exceptional Q1 2025 financial results, with revenue surging 238% year-over-year to $478,327 and 44% quarter-over-quarter growth. The company maintained strong gross margins of 66% and significantly narrowed its EBITDA loss to $65,116, approaching breakeven. The company's financial position improved substantially with a cash balance of $1.1M and working capital surplus of $1.7M. Glow's MOD™ brand holds the #3 position in Ontario's oils category, with presence in 850+ retail cannabis stores. The company expanded into New Brunswick with new THC products and announced innovative CBN:THC Drops launch for Spring 2025. The company's improved current ratio of 2.88x reflects enhanced financial strength and operational efficiency.

Glow Lifetech (GLWLF) reported strong Q4 2024 financial results with record quarterly revenue of $332,283, up 46% from Q3 2024 and 1,200% year-over-year. The company achieved gross profit of $225,172 with an impressive 68% gross margin. For FY2024, net revenue reached $836,193, surging 1,803% from FY2023. The company significantly improved its balance sheet, ending with $1.29M cash and a working capital surplus of $1.72M. Glow's MOD™ brand achieved #3 position in Ontario's oil category. The company expanded its retail presence to 700+ stores across Ontario and launched 8 new SKUs. Looking ahead to 2025, Glow plans to expand market penetration across Canada, maintain efficient operations, and invest in brand-building while focusing on sustainable, profitable growth.

Glow Lifetech Corp (CSE: GLOW, OTC: GLWLF) announces significant expansion with a new automated bottling line that triples production capacity for its MOD™ product portfolio. The company reports its retail presence has grown to 850+ cannabis stores in Ontario, marking a 30% increase from Q4 2024.

The automation investment streamlines the MOD™ bottling process, reducing labor costs and enhancing the company's high-margin business model. Notably, the MOD™ THC 1000 product has achieved the #2 ranking in Ontario's oils category, while MOD™ maintains its position as the #3 cannabis oils brand in the province.

With Ontario having 1,700+ stores, Glow sees substantial growth potential as it plans expansion into new provinces throughout 2025. The company's strategic focus remains on scaling production infrastructure and expanding market presence to meet increasing consumer demand for its fast-acting, water-soluble cannabis formats.

Glow Lifetech Corp. (CSE: GLOW, OTC: GLWLF) reports strong commercial momentum entering 2025, with record market demand in Ontario across its MOD™ and .decimal™ product lines. According to January 2025 Headset Sales Data, MOD™ maintained its position as the #3 brand in Oils in Ontario, while .decimal™ rose to #7 in capsules.

The company announced a new product listing in Ontario for MOD™ CBN:THC Drops 300, a 3-pack of fast-acting, water-soluble drops combining THC and CBN, scheduled for Spring 2025 launch. Each drop contains 0.5mg CBN + 0.5mg THC in a customizable dose format.

Following its successful launch in New Brunswick, Glow is pursuing national expansion plans throughout 2025, focusing on both eastward and westward growth beyond Ontario.

Glow LifeTech Corp. (CSE: GLOW) (OTCQB: GLWLF) has appointed David Côté as a new independent director to its Board of Directors, effective January 24, 2025. Côté, currently CEO of J. Supply Holdings Inc., brings extensive cannabis retail experience, having previously served as Director of Retail Strategy at Canopy Growth where he developed the franchise model for retail cannabis stores across Canada.

The company granted Côté 250,000 stock options exercisable at $0.065 per share for five years. Additionally, James Van Staveren has stepped down from his positions on the Audit Committee and as Corporate Secretary while remaining a board director. Côté will join the Audit Committee, and CFO Josh Bald has been appointed as Corporate Secretary.

Glow LifeTech Corp. (GLWLF) has announced its expansion into New Brunswick through a purchase order from Cannabis NB, marking its first entry into Atlantic Canada. The company will initially launch MOD™ THC Berry Drops and MOD™ THC Lime Drops in the region, with products set to ship in January 2025.

The expansion follows a successful 2024, where Glow's MOD™ and .decimal™ brands achieved significant presence in Ontario, reaching over 750 retail locations. The company recently reported strong Q3 2024 performance with 49% quarter-over-quarter revenue growth and 73% gross margins.

Products will be available through Cannabis NB retail stores and their private retailer partners, as the company continues its strategic growth across Canada.

Glow Lifetech Corp. (CSE: GLOW) (OTC Pink: GLWLF) has announced the granting of 3,650,000 stock options to various officers and consultants. The options are exercisable at $0.06 per common share for a five-year period under the Company's Omnibus Long-Term Incentive Plan. Of these options, 2,500,000 were granted to company insiders. All options and resulting common shares are subject to a four-month and one-day resale restriction from the grant date. The company utilized exemptions from MI 61-101 requirements regarding valuation and minority shareholder approval for the insider participation.

Glow LifeTech Corp. reported strong Q3 2024 financial results with 49% quarter-over-quarter revenue growth to $227,052 and improved gross margins of 73%, up from 68% in Q2. The company strengthened its balance sheet through a $1.2 million financing in September and a subsequent $900,000 private placement, while settling $591,000 in debt. The EBITDA loss narrowed by 17% to $156,144 compared to Q2. The company's MOD™ brand achieved significant market penetration, reaching 650+ stores in Ontario and ranking as the #3 brand in the oils category. The launch of MOD™ THC Drops 300 demonstrates continued product innovation.

Glow Lifetech Corp. (CSE: GLOW) (OTC Pink: GLWLF) has achieved significant milestones in its commercial growth. The company's MOD™ brand has become the #3 brand in Ontario's cannabis oils category and the #1 brand innovation in oils for 2024 to-date. Glow has expanded its retail footprint, with its product portfolio now available in over 600 retail cannabis stores in Ontario, representing a 42% increase in distribution points compared to Q2 2024.

The company recently launched MOD™ THC Drops 300, a 300mg 3-pack of flavourless water-soluble drops with quick onset. Glow has also strengthened its financial position through a $1.2 million private placement completed in September 2024, providing increased flexibility to accelerate its growth agenda. The company is focused on expanding distribution, driving product innovation, and scaling across new markets.