Elixinol Wellness Ltd (AU:EXL) has released an update.
Elixinol Wellness Ltd has announced Hemp Foods Australia’s product line expansion in Coles Supermarkets with two new seed mixes, Keto Seed Mix and Energy Seed Mix, joining the existing range. This move is set to boost the company’s revenue following a 44% sales increase in the first half of FY24 and aims to capitalize on the growing trend of health-conscious snacking in Australia. Hemp Foods Australia’s products, known for their nutritional benefits, cater to the demand for healthy, sustainable food options.
For further insights into AU:EXL stock, check out TipRanks’ Stock Analysis page.
