Glance Technologies Enters into Agreement to Buy Auyverdic Holistic Formulas to Blend with Cannabis for International Distribution

Glance Technologies (CSE:GET.CN) has announced that its partially-owned subsidiary, Cannapay Financial, has entered into an agreement to acquire the rights to a package of holistic Ayurveda formulas intended to treat a number of ailments.
As quoted in the press release:

Cannapay has agreed to purchase all of the intellectual property pertaining to the creation, production and manufacturing of the products and has purchased rights to blend the products with Cannabis to create new products (the “Cannabis Products”).  The agreement also grants Cannapay international distribution rights to the products and the Cannabis Products in all territories except Canada.

“This acquisition gives Cannapay the know-how to partner with licensed growers, producers and distributors in international jurisdictions to create Ayuverdic based products containing cannabis,” says Glance President Penny Green, “We intend to brand, market, sell and distribute these Ayuverdic Cannabis products internationally, in accordance with all applicable laws, through the mobile apps using the Glance Pay technology that we are creating for the Cannabis market.”

The following products are being acquired by Cannapay from Cannacopia Therapeutics Inc.:

Product	Key Ingredients	Intended Uses
Gel	hemp root and essential oils	remove skin spots, rashes, treat eczema, psoriasis, hives, burns, allergies
Balm	Organic coconut, hemp root and essential oils	Remove skin spots, rashes, treat eczema, psoriasis, hives, burns
Topical Analgesic	Aloe Vera, arnica, menthol, and other essential oils	To relieve pain on or below the skin
2 Tea blends	Various herbs	Relaxation
Sexual Lubricant	Ayuverdic oil	Enhanced sexual experience
Organic Hand Cleaner and Scrub	Essential oils, free of chemicals and parabens	All natural hand cleanser
Organic Glass Cleaner	Salt and fat and hemp binder	All natural, eco-friendly food safe cleaner

The products have not been clinically or otherwise tested to confirm any of the intended uses described above.  Cannapay intends to partner with licensed producers in various jurisdictions to complete the research and development needed to blend TCH or CBD or both into each of the products and meet local testing and licensing and other requirements so that the new Cannabis Products can be legally produced and sold in other countries.

Click here to read the full press release.