RCS - Chill Brands Group - Update on Shipping of Vapour Products

Chill BrandsAnnouncement

05/06/2023 07:00

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RNS Number : 5572B  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 (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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