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IN BRIEF: Chill Brands to discontinue tobacco-free product line

Fri, 05th Aug 2022 17:42

Chill Brands Group PLC - Grand Junction, Colorado-based cannabidiol products - Notes that US regulators have introduced added restrictions for synthetic nicotine products, which comes with substantial costs to manufacturers and retailers. As a result, Chill Brands will end future development and US sales of its tobacco-free nicotine product line.

All other Chill Brands products will remain unaffected.

Current stock price: 2.17 pence, up 11% on Friday

12-month change: down 95%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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