RE: The EU1 Dec 2020 19:43
Further to the announcement on 2 September 2020 that Zoetic was in final negotiations of an international distribution contract, the Company is pleased to announce that an agreement has been reached with a major new international distributor for its Chill brand of tobacco alternative CBD products (the "Agreement"). The Agreement will see the Company's premium CBD offering reach consumers in over 15 markets across the European Union, with thousands of stores making preparations to stock the Chill range. In a promising development, this physical footprint will be complemented by an established eCommerce presence which saw substantial revenue generated from vaping products alone during the last financial period