Chill Brands Group PLC - Colorado, US-based CBD products company - Signs deal with The Vaping Group Ltd to launch nicotine-free vapour products in the UK. It will be introduced to large retailers, category-specific chains and independent outlets by The Vaping Group. Says the partnership will improve its commercial prospects and near-term performance of its nicotine-free vapour products range. UK sales of Chill Brands vapour products are expected to start this summer. The UK vaping market is estimated to be around GBP3.5 billion.
Chill Brands Chief Executive Officer Callum Sommerton says: "As the target for a smoke-free England by 2030 comes into view, the chance for Chill Brands to balance social responsibility with sizeable commercial opportunities could not be clearer. With the support of The Vaping Group, we are confident that Chill Zero devices can become the UK's leading name for nicotine-free vapour devices."
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By Sabrina Penty; Alliance News reporter
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Chill Brands (CHLL)