S6 Ep32: 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.Disclaimer & Declaration of InterestThe information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.