It is already possible. Change #If Release to #If StoreBuild and add a store build configuration.
This will allow you to compile your app in any mode you like.
This is good if the app has only one version, but if the app has multiple versions?
B4X:
#If Lite
#ApplicationLabel: B4-Lite
#End If
#If Pro
#ApplicationLabel: B4-Pro
#End If
#If DEBUG
#CertificateFile: ios_development.cer
#ProvisionFile: developer.mobileprovision
#End If
#If RELEASE
#CertificateFile: ios_distribution.cer
#ProvisionFile: store.mobileprovision
#END IF