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Lifeist’s (TSXV:LFST) CannMart signs distribution agreement with Hamilton Devices

Cannabis, Health Care
TSXV:LFST
31 October 2022 14:57 (EDT)

Source: Hamilton Devices.

Lifeist’s (LFST) CannMart subsidiary has signed a distribution agreement with Hamilton Devices.

Hamilton is one of the leading U.S. manufacturers and suppliers of vape hardware. It delivers extract-based cannabis products such as distillate, live resin and shatter through industry-wide 510 thread carts. 

CannMart is the first distributor of Hamilton products across Canada. The agreement runs until October 2024 with an initial six months of exclusivity.

CannMart intends to leverage its master distributor status to sell Hamilton products directly into its expanding retail store network of over 2,500 stores across Canada.

Daniel Stern, CEO of CannMart, commented on the news:

“It’s a privilege to be selected by Hamilton Devices as its exclusive B2B distribution partner for Canada. We can’t wait to leverage our established relationships to bring their innovative vaporizer technologies to Canadian consumers.”

CannMart is a Canadian licensed cannabis producer. It operates a B2B wholesale distribution business facilitating recreational cannabis sales to Canadian provincial governments.

Lifeist leverages advancements in science and technology to build breakthrough companies that transform human wellness.

Lifeist Wellness Inc. (LFST) is holding steady at $0.095 per share as of 1:50 pm ET.


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