Calmer Co Grows Wholesale Channel USA Kava Bars with Leilo
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Announcement summary
Calmer Co Grows Wholesale Channel USA Kava Bars with Leilo
07 May, 2025. Brisbane: The Calmer Co. International Limited (ASX:CCO), a beverage company focused on kava and other natural products that support relaxation, aid sleep, and offer an alternative to alcohol, is pleased to announce that it has executed a non-binding Memorandum of Understanding (MoU) with Leilo, a leading US based functional beverage company specialising in kava based relaxation drinks.
Highlights
· The Calmer Co enters the US kava bar wholesale channel with an agreement to supply high grade noble kava powders, sourced from across the South Pacific to Leilo
· Phase 1 pilot supply is targeted for launch in Q4FY25. This will establish the pathway to a formal long term Supply Agreement.
Wholesale revenue increased by 49% in Q3, underpinned by orders from IMCD and Two Valley. This partnership extends this rapid growth of the wholesale channel into the high growth US kava bar market
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