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Chill Brands Group PLC ( (GB:CHLL) ) has issued an update.
Chill Brands Group has entered a strategic partnership with SYP Global Limited to support the development and market introduction of a new nicotine delivery technology. This collaboration positions Chill Brands as a key player in the nicotine alternatives category, leveraging its distribution network to facilitate market trials and future product distribution. While the technology is still under development and not expected to generate immediate revenue, the partnership is seen as a high-potential opportunity for Chill Brands to align with an innovative product that could reshape the industry.
More about Chill Brands Group PLC
Chill Brands Group plc is a distribution-led consumer packaged goods company focused on bringing novel fast-moving consumer products to market. The company specializes in the sale and distribution of tobacco alternatives, functional beverages, and other innovative consumer goods, with a particular emphasis on the convenience store channel. Chill Brands partners with both established FMCG businesses and emerging high-potential brands to provide comprehensive route-to-market solutions and operates the chill.com e-commerce website.
Average Trading Volume: 6,351,987
Technical Sentiment Signal: Sell
Current Market Cap: £8.86M
For detailed information about CHLL stock, go to TipRanks’ Stock Analysis page.