London, UK – Chill Brands Group, a leading cannabidiol-products company, announced that its popular Chill ZERO nicotine-free vapor products will soon be available at a top-five UK supermarket. This exciting development is set to take place in the first quarter of 2024, catapulting Chill Brands Group to new heights.
Growing Success:
Since its launch on August 7, Chill ZERO vape products have gained significant momentum in the market. The upcoming sale in the undisclosed supermarket will bring the total number of UK retail locations carrying Chill ZERO to over 2,100. Moreover, Chill Brands Group has received gross sales and purchase orders exceeding £1.85 million ($2.4 million).
Increased Visibility:
The strategic placement of Chill ZERO products in these retail locations provides a high-visibility platform for the brand. With enhanced recognition and increased sales potential, Chill Brands Group is poised for continued success.
Securing Support:
Chill Brands Group is dedicated to supporting its rapid growth and expanding sales channels. To that end, the company has secured a supply-chain debt financing facility from a major shareholder. This arrangement provides a total credit limit of £1 million and will be instrumental in supporting inventory acquisition and product roll-out to new stores. Additionally, it alleviates the cashflow impact of expansion.
Chief Executive’s Perspective:
Callum Sommerton, Chief Executive of Chill Brands Group, expressed his excitement about this major milestone. “Not only does this signify a significant boost in revenue for our company, but it also serves as a testament to the appeal of our products and the strength of our brand,” Sommerton stated.
Chill Brands Group is on track to revolutionize the vapor market with its innovative Chill ZERO nicotine-free vapor products. With this expansion into a prominent UK supermarket and ongoing support from shareholders, the future looks brighter than ever for Chill Brands Group.