Zoetic PLC making significant headway as Chill roll-out continues apace

Zoetic PLC () said it is trading profitably as its latest market update revealed it has brought in an additional US$1mln of orders for its Chill CBD smokes and chews in the space of two weeks.

For April it was readying to ship goods worth US$340,000 to its distribution partners as part of a roll-out to over 2,000 stores.

Co-chief executive Trevor Taylor said: “These orders that we have received for our Chill brand in the last six weeks clearly demonstrate that there is strong demand for our product and that we have installed the right distribution channels in the US. 

“We look forward to updating the market further when we report our full-year results in July.”

Zoetic said it will update on progress on a quarterly basis from here on in.