Lifeist Wellness Inc.’s (OTC:NXTTF) (TSXV:LFST) (FRANKFURT:M5B) Canadian cannabis business unit compromised of CannMart Inc. and CannMart Labs Inc., has launched a new product category: Shatter. The first new product in the new category, in-house branded Roilty Wedding Shatter, has shipped to retailers in Saskatchewan and is a key part of CannMart’s focus on higher margin revenue streams with the goal to improve profitability.
CannMart continues to execute on its growth strategies and is launching a third product category this September 2022, live resin vapes, with first product Roilty Purple Berry also receiving purchase orders in Saskatchewan. Labs’ fourth product category, THCa diamonds, is executing its R&D phase, with purchase orders from provincial buyers anticipated in the fiscal fourth quarter of 2022. THCa diamonds are sought after within the cannabis concentrates segment, as being the purest form of THC capable of achieving a 99.9% potency. The first product category for Labs was live resin and was introduced to market in the fiscal fourth quarter of 2021.
