Midweek Takeaway with Callum Sommerton, CEO of Chill Brands (LSE:CHLL) #CHLL

Phil Carroll and Kevin Hornsby talk to Callum surrounding the news that Chill has secured a major deal to sell its Chill ZERO nicotine-free vapour products in a leading UK supermarket. The initial purchase order, comprising 1,500 stores, is set to roll out in Q1 2024, expanding the presence of Chill ZERO vape products to over 2,100 locations in the UK. The combined sales and purchase orders since their August 2023 launch exceed £1.85 million. To support this growth, the company has secured a £1 million supply chain debt financing facility from a major shareholder, Mr. Jonathan Swann, aimed at facilitating working capital needs, reducing cash flow impact, and aiding rapid expansion.

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