green light cbdDecember 15, 2021
Under the terms of the Agreement, Peak will execute LoFi’s CBD oil formulation and packaging line on a forecast basis, with the opportunity to expand to additional LoFi brand offerings as the product cadence accelerates.
“This partnership is key to accelerating our vision of delivering disruptive CBD products that differentiate on potency, quality and value. Working with a manufacturer who specializes in Cannabis 2.0 products aligns with our CBD product strategy,” said Walker Patton, head of Corporate Development at Green Light Solutions. “We eagerly anticipate the introduction of our LoFi brand to the Canadian CBD market and are confident that our CBD line of products will exceed the market standards for taste, quality and value.”
Under the Agreement, Peak will provide private label formulation and packaging services, using JOE’S supplied full-spectrum CBD oil extracted from B.C. grown hemp for the upcoming launch of hemp-derived CBD products. The product, marketed under the LoFi brand, is expected to debut on the B.C. market in summer 2021.
Vancouver, British Columbia, CANADA.
About Green Light Solutions Green Light Solutions (GLS) is an innovation firm committed to driving excellence in the Cannabis industry. GLS delivers value across multiple cannabis verticals through an agile, tech-forward business model, following Cannabis and Hemp specific strategies in its subsidiary business units. The Company’s leadership team combines extensive experience in the cannabis industry with strong manufacturing and technology development expertise and a robust I.P. portfolio.
Peak Processing to provide manufacturing services to produce LoFi branded CBD oils for the Canadian market.
VANCOUVER, British Columbia, May 28, 2021 (GLOBE NEWSWIRE) — Green Light Solutions (“GLS” or “the Company”), an innovation firm committed to driving excellence in the Cannabis industry, is pleased to announce its subsidiary, Joe’s Hemp Shack (“JOE’S”), entered a manufacturing agreement (the “Agreement”) with Peak Processing Solutions (“Peak”), a subsidiary of Althea, as part of bringing its LoFi CBD product line to the Canadian market.
“We’re excited by the opportunity to partner with Green Light Solutions,” said Jaipaul Massey-Singh, Vice President of Business Development at Peak Processing Solutions. “Consumers are eager for CBD products that deliver high quality and great value, and we believe that through Green Light’s commitment to innovation and exacting standards that the LoFi brand will deliver what customers want.”
May 28, 2021 16:23 ET | Source: Green Light Solutions Green Light Solutions.
About Peak Processing Solutions Peak Processing Solutions is a premier manufacturer of cannabis product formats working in partnership with customers to develop their visions and bring goods to market through quality, efficiency, and innovation. Based in a 40,000 square foot purpose-built facility, and with over 25 years of cannabis industry experience, Peak has the resources and abilities to support both licenced holders and those from traditional consumer good industries access to Canadian cannabis consumers.
“Strong initial sales support our thesis of a market need for high-potency, price accessible CBD products,” Patton added. “By extracting our CBD from premium hemp, we can pass the savings along to the consumer while elevating product quality.”
“This new product line arrives just in time to satisfy a growing demand for CBD products that are high-quality and affordable,” says Walker Patton, Corporate Development at GLS. “LoFi is proof that good CBD does not need to be expensive. We intend to delight both new and experienced users with great CBD products at accessible prices.”
The LoFi product line offers potent, CBD forward formulations using highly concentrated CBD and premium ingredients. The newly released LoFi CBD Oil 1500 is a full-spectrum CBD oil containing hemp-derived CBD extract, made in B.C., and sustainably sourced MCT oil. All LoFi products feature the inLite supply chain traceability technology, providing customers unparalleled visibility into ingredient source and batch-specific lab results.
Vancouver, British Columbia, CANADA.
LoFi continues to advance discussions with other provincial wholesalers regarding future supply agreements. An expanded suite of LoFi CBD products will be available in late 2021.
High-quality line of full-spectrum CBD products debuts in B.C. market.
VANCOUVER, British Columbia, Aug. 26, 2021 (GLOBE NEWSWIRE) — Green Light Solutions (“GLS” or “the Company”), an innovation firm committed to driving excellence in the Cannabis industry, is pleased to announce the official launch of its CBD dominant brand, LoFi. The flagship product, LoFi CBD Oil 1500, initially exclusively available in the B.C. market, delivers quality and potency for the value-minded CBD consumer.
Following its successful soft launch in the B.C. market, selling out in just 48 hours, LoFi CBD Oil 1500 will be available again shortly in B.C. licensed retailers in a 30ml format. A 50ml format will be available later this year.
August 26, 2021 11:00 ET | Source: Green Light Solutions Green Light Solutions.
About LoFi LoFi is a BC-based independent cannabis brand passionate about three simple things: quality, consistency, and value. We are committed to upholding the highest quality standards through our inclusive CBD products that are market competitive in potency and price.
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