Voyager Life PLC Voyager extends reach with pharmacy group deal (8353E)
12 Juli 2021 - 8:00AM
UK Regulatory
TIDMVOY
RNS Number : 8353E
Voyager Life PLC
12 July 2021
12 July 2021
Voyager Life plc
("Voyager" or "the Company")
Voyager extends sales reach with independent pharmacy group
deal
Voyager Life plc, the health and wellness company established to
supply high-quality Cannabidiol (CBD) and hemp seed oil products
announces that it has been appointed as a preferred supplier to
independent pharmacy group Inphaserve.
Inphaserve Independent Pharmacy Buying & Support Group
serves the needs of more than 30 independent pharmacists in
Scotland and England by negotiating supply contracts on their
behalf. The agreement will add Voyager to Inphaserve's list of
approved suppliers, allowing the Company to share its marketing
materials with Inphaserve's network.
Voyager's products are currently available in over 40
independent retail stores in Scotland and on over 20 third-party
websites, including popular online platforms Amazon, eBay and
Etsy.
The benefits of the Company's rapidly expanding distribution
network are already being seen with sales in June 2021 four times
that of May 2021. Voyager's hemp range for pets is proving
particularly popular and the Company intends to continue to expand
its product lines for this segment over the summer.
The Inphaserve agreement further evidences Voyager 's belief
that a significant opportunity exists in the CBD sector as a result
of the expected growth of the market, as CBD becomes more
mainstream and the regulatory environment for CBD products in the
UK develops further.
Nick Tulloch, CEO of Voyager, said: "This is an important new
deal for Voyager with a partner that immediately recognised the
quality of our products. We look forward to working with Inphaserve
to distribute our CBD and hemp products across their network.
"Post-IPO, the Company has a cash balance of circa GBP2 million
and is well positioned to build a diverse and robust demand
pipeline of sales.
"Forthcoming product releases and the opening of our store in St
Andrews this month provides further opportunities for us to
continue to increase our sales. Alongside these new products, we
will also be updating our branding and upgrading our website in the
coming months."
-ENDS-
About Voyager
Voyager was founded in November 2020 and listed on the Aquis
stock exchange on 30 June 2021. The Company offers a range of
health and wellness products containing CBD and hemp seed oil.
Products include oils, "gummies" (chewable sweets), bath and
skincare products and hemp-based products for pets, which are
available online through the company's website www.voyagercbd.com ,
through independent stores and more than 20 third-party websites,
including popular online platforms Amazon, eBay and Etsy.
Enquiries:
Voyager Life plc
Nick Tulloch 01738 505 130 / nick@voyagerlife.uk
Charlotte Street Partners (Financial
Communications)
David Gaffney +44 (0) 7854 609 998 / david.gaffney@charlottestpartners.co.uk
Tom Gillingham +44 (0) 7741 659 021 / tom.gillingham@charlottestpartners.co.uk
Andrew Wilson +44 (0)7810 636 995 / andrew@charlottestpartners.co.uk
Cairn Financial Advisers LLP (AQSE
Corporate Adviser)
Liam Murray or Ludovico Lazzaretti +44 (0) 20 72130 880
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NEXSFAFIFEFSEDW
(END) Dow Jones Newswires
July 12, 2021 02:00 ET (06:00 GMT)
Voyager Life (AQSE:VOY)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Voyager Life (AQSE:VOY)
Historical Stock Chart
Von Jun 2023 bis Jun 2024