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Chill Brands Group PLC ( (GB:CHLL) ) has provided an update.
Chill Brands Group plc has been appointed as the master distributor for ELF Nicotine Pouches in the UK market, marking a significant step forward for the company’s Chill Connect distribution platform. This agreement allows Chill Brands to leverage its extensive retail network to support the rollout of ELF Nicotine Pouches, as well as distribute SiMT’s ELFBAR and Lost Mary vape products. The UK nicotine pouch market is rapidly expanding, with projections indicating substantial growth, presenting a lucrative opportunity for Chill Brands to enhance its market position and influence in the emerging reduced-risk product category.
More about Chill Brands Group PLC
Chill Brands Group plc is a distribution-led consumer packaged goods company that focuses 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 strong 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: 5,878,196
Technical Sentiment Signal: Sell
Current Market Cap: £9.11M
See more insights into CHLL stock on TipRanks’ Stock Analysis page.