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The latest update is out from Fiji Kava Limited ( (AU:CCO) ).
The Calmer Co. International Limited has signed a non-binding Memorandum of Understanding with Leilo, a leading US functional beverage company, to supply high-grade noble kava powders from the South Pacific to US kava bars. This partnership aims to expand The Calmer Co.’s presence in the North American market, leveraging its expertise in kava supply and supporting the growing demand for non-alcoholic beverages. The collaboration is expected to enhance the company’s market positioning and provide a stable supply chain for Leilo’s kava bar partners, potentially leading to a formal long-term supply agreement.
More about Fiji Kava Limited
The Calmer Co. International Limited is a beverage company specializing in kava and other natural products that promote relaxation, aid sleep, and provide alternatives to alcohol. The company focuses on the wholesale market, particularly in the rapidly growing US kava bar sector.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.21M
For detailed information about CCO stock, go to TipRanks’ Stock Analysis page.