Chill Brands Group PLC Update on Shipping of Vapour Products
05 June 2023 - 4:00PM
RNS Non-Regulatory
TIDMCHLL
Chill Brands Group PLC
05 June 2023
5 June 2023
Chill Brands Group plc
("Chill Brands" or the "Company")
Update on Shipping of Vapour Products
Chill Brands Group, the international consumer packaged goods
company, is pleased to provide an update on arrangements for the
planned sale of its nicotine-free vapour products to US consumers
via the Chill.com e-commerce website.
The Company has now secured relationships with specialist
carriers and fulfillment providers that will facilitate the home
delivery of its products to customers in all 50 US states.
As referenced in the Company's announcement of 31 March 2023,
the 2019 US Preventing All Cigarette Trafficking (PACT) Act
prevents the United States Postal Service (USPS) from shipping
vapour products regardless of their nicotine content. Similar
restrictions have also been implemented by other major carriers.
These shipping arrangements are therefore an important piece of the
Company's infrastructure, as these regulatory constraints have
prevented many competitor brands from making online
direct-to-consumer sales.
Chill Brands' nicotine-free vapour products will become
available for purchase on the age-gated Chill.com website by US
consumers in all 50 states during June 2023.
Callum Sommerton, Chief Executive Officer of Chill Brands,
commented:
"This is an important milestone for Chill Brands as we seek to
grow our share of the extremely buoyant US vapour market. While we
are committed to delivering a satisfying and convenient customer
experience, we also prioritise safety and regulatory
compliance.
Our dynamic network of shipping and fulfillment providers will
enable us to deploy age-verification protocols and ensure that our
vapour products are only sold to adult consumers. We take this
responsibility very seriously and view the regulatory environment
not as a barrier to growth, but as a catalyst for essential
positive change in our industry.
We are excited to be commencing online vapour sales, and look
forward to introducing our brand to more adult consumers across the
United States."
-ENDS-
About Chill Brands Group
Chill Brands Group plc (LSE: CHLL, OTCQB: CHBRF) is focused on
the development, marketing and distribution of wellness and
recreational products containing natural, functional ingredients.
The Company's proprietary product range is distributed by some of
the most recognisable convenience retail outlets in the US and
includes nicotine-free disposable vapour products that cater to the
rapidly growing market for tobacco alternatives. Chill Brands also
operates the chill.com e-commerce website, on which it is building
a marketplace of products from third-party brands.
Publication on website
A copy of this announcement is also available on the Group's
website at http://www.chillbrandsgroup.com
Media enquiries:
Chill Brands Group plc contact@chillbrandsgroup.com
Allenby Capital Limited (Financial
Adviser and Broker) +44 (0) 20 3328 5656
Nick Harriss/Nick Naylor (Corporate
Finance)
Kelly Gardiner (Equity Sales)
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END
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