(Globe Newswire) Vancouver — HYTN Innovations Inc. is pleased to announce that through its wholly owned subsidiary, HYTN Cannabis Inc., it has successfully developed and listed for sale its all-new Nano Gummies product.
The Nano Gummies, which feature the company’s proprietary elevation technology, deliver a rapid and predictable cannabis experience and complement the company’s current offering of all-natural, sugar and sweetener-free sparkling cannabis beverages. Together, these products further HYTN’s mission to produce consistent, natural and delicious cannabis products.
The launch of HYTN’s Nano Gummies follows the news that HYTN has fully concluded its relationship with Emerald Health Therapeutics Inc. and intends to focus its efforts to bring its rapid onset cannabis products to the Canadian market utilizing the sales licence amendment to its standard processing licence. It also follows the company’s financial results for the three months ended June 30, 2022, which reflect revenue pausing while the company transitioned to selling products directly.
“It took significant time and effort to secure the necessary provincial and territorial vendor qualifications and product listings once our sales amendment was secured. Working diligently with the provinces and territories, our team has positioned the company to offer an amazing suite of products to consumers while now directly managing our sales channels and revenue opportunities. We are confident that the launch of our Nano Gummies alongside our sparkling cannabis beverages will be the first step in aligning our success with the revenue path we established when we went public.” — Elliot McKerr, Chief Executive Officer, HYTN