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

Phil Carroll and Kevin Hornsby talk to Callum after the company addressed the UK Government's recent proposals on regulating disposable vape products. The Government's potential legislation, which might be enacted by late 2024 or 2025, suggests banning the sale of disposable vape products, although details remain uncertain. In response, Chill Brands, known for its compliance with legal standards, highlights that its nicotine-free vape products already feature USB-C recharging ports, distinguishing them from typical disposable vapes and offering extended usability. The company is proactively developing a compliant, reusable pod system vapor device to meet the anticipated regulatory changes. This new product line is designed to support users in gradually reducing nicotine intake, potentially expanding Chill Brands' market reach. Concurrently, the company plans to work closely with its retail partners to ensure a smooth transition in product offerings.

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