Analyst Comment26 Sep 2022 11:39
Event: Salarius announced a product line expansion for MicroSalt®.
? New product line launch: Demand for MicroSalt®, as a low sodium salt alternative, has resulted in a new line of table salt shakers for direct to consumer and business sales starting 1 October 2022.
? MicroSalt® Salt Shakers to be launched at Expo Food East: The Natural Products Expo East show is being held 28 September to 1 October 2022 in Philadelphia, US.
Outlook: This is an exciting development for Salarius alongside the SaltMe! ™ potato chip product line. It should begin to further entrench the MicroSalt® brand directly into households and in restaurants across the US, where consumption of salt has reached ~3,400mg/day (70% from prepared foods), above the Dietary Guidelines for Americans maximum recommended of 2,300mg/day.