ACCESS Newswire
21 Sep 2022, 16:26 GMT+10
VANCOUVER, BC / ACCESSWIRE / September 21, 2022 / LOVE Pharma Co. ('LOVE' and or 'The Company') (CSE:LUV)(FSE:G1Q0), the Company is excited to announce the launch of the Love Pharma online shop, a fully integrated e-commerce platform featuring its proprietary products, BLOOM and Auralief, now available to purchase at https://lovepharmashop.com/.
'This proprietary online store will be deployed for LOVE's over-the-counter therapeutics arm, for which the Company has 6 exclusive licenses, as previously announced,' said Mr. Joshua Maurice, LOVE's Chief Operating Officer. 'During the initial soft-launch phase, we are focused on direct-to-consumer sales, supported by integrated social media and digital marketing campaigns. The second phase of B2B sales will build on the success of our B2C marketing and awareness strategies. We are constantly assessing results to establish the most effective B2B launch using our proprietary e-commerce platform.'
The technology infrastructure and applications have launched to leverage social and digital media campaigns, driving consumers to Individual landing pages for Bloom and Auralief products. The customer experience is designed to operate seamlessly, linking consumers directly to the online shop where products can be purchased at: https://auraliefstrips.com/ and, https://bloomarousal.com/.
As a result of this advancement, the Company now has the ability to generate revenue through the sales of Bloom and Auralief, noting that there is no guarantee related to revenues. The proprietary e-commerce technology can also be deployed with additional products as the over-the-counter offerings scale in the future. Of note, the Company holds 6 exclusive licenses for therapeutic products within the wellness space. Leadership is excited to have achieved this important milestone, launching its highly anticipated over-the-counter consumer therapeutics division.
In relation to the Company's announcement on September 7th, 2022, Love Pharma has made a strategic investment in Starton Therapeutics but does not have an official relationship or strategic alliance with Starton at this point in time but aims to develop opportunities to work together in the future. Love Pharma's investment in Starton Therapeutics is primarily based upon the Company's interest in innovative drug delivery technology, such as transdermal patches, which can reduce side effects, transforming patient outcomes with established, approved medicines allowing for streamlined market entry with long term IP protections.
Mr. Maurice stated, 'Love Pharma looks forward to building upon its strategic investment in Starton. While there is no promise or guarantee in regard to the outcome of the investment for Love Pharma investors, there is significant opportunity for the Company considering the robust catalog of IP and innovation Starton has diligently developed and continues to advance going forward.'
The company also announces that it has entered into contractual agreements for marketing, communication, shareholder engagement, market making and social media communications. The marketing and communication program will include certain investor relations activities and is designed to provide improved visibility in the Company's current and planned operations. The Company has entered into agreements with Penny Lane Consultants for a period of 4 months for a total of $84,267.25 USD.
Zachary Stadnyk, CEO and Director
About Love Pharma Inc.
With a focus on the global sexual Health and Wellness markets, Love Pharma Inc. (CSE: LUV) (FSE: G1Q0) was founded in 2020, with a mission to bring to market innovative products that enhance sexual health and wellness while providing an improved quality of life. Love Pharma holds exclusive licenses to produce market, package, sell, and distribute patent-protected therapeutic and pharmaceutical products throughout Europe, the United Kingdom, and North America.
For further information, please contact:
Investor Relations
Telephone: 1 (604) 343-2977
E-mail: [email protected]
www.love-pharma.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this release may constitute 'forward-looking statements' or 'forward-looking information' (collectively 'forward-looking information') as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words 'could', 'intend', 'expect', 'believe', 'will', 'projected', 'estimated', 'anticipates' and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, financing, and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
SOURCE: Love Pharma Inc.
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