Midweek Takeaway with Callum Sommerton, CEO of Chill Brands (LSE:CHLL) #CHLL

Season 6, Episode 26,   Dec 07, 2023, 07:19 AM

Phil Carroll and Kevin Hornsby are delighted to welcome back Callum Sommerton, CEO of Chill Brands. Callum rejoins us to share the latest developments and exciting news from Chill Brands. Since his last appearance, the company has made significant strides, including the publication of a crucial prospectus and securing a promising partnership. Chill Brands has recently reached an agreement for its innovative products to be marketed and sold by Flawless, a leading distributor in the UK specializing in vape stores. With Flawless's expansive network, supplying over 5,000 wholesale accounts and catering to more than 50,000 active customers, this collaboration marks a significant milestone for Chill Brands in expanding its market reach and customer base. The company also announced significant progress in distributing its Chill ZERO nicotine-free vapes and expanding the Chill.com marketplace. The company has successfully entered the US market with a purchase order from Smoker Friendly, launching Chill ZERO products in 60 stores across multiple states starting in 2024. In the UK, Chill ZERO has reached over 475 independent retail stores since its August 2023 launch, and negotiations are underway to place products in a major UK retail chain. Growth in e-commerce has been noted, particularly on Amazon.co.uk and Chill.com, which now hosts over 40 external brands. Furthermore, the company's products will soon feature in 150 WHSmith stores in the UK. Join us as Callum discusses these developments, the impact on the company's growth strategy, and what's on the horizon for Chill Brands. 

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The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.