Advances US Retail Expansion and Coles Acceptance of FZZR
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Announcement summary
Advances US Retail Expansion and Coles Acceptance of FZZR
Highlights
Coles confirms ranging of new Fiji Kava® FZZR™ product as part of its latest range review.
Innovative FZZR™ delivery format combines powders and effervescent granules, allowing consumers to drink, chew or consume direct-to-mouth.
TGA complementary medicine pathway enables the use of standardised kava water extracts together with flavour innovation, including a Piña Colada flavour profile.
Fiji Kava® 150g and 50g products ranked No.1 and No.3 respectively in the national Stress category across Coles stores.
The Calmer Co. has successfully penetrated Australia's two largest supermarket retailers, Coles and Woolworths, representing approximately 67% of the national grocery retail market footprint.
The Company estimates it holds approximately 10% market share of U.S. kava sales on Amazon USA, providing a strong foundation for physical retail expansion.
Appointment of VDriven as U.S. retail broker supports expansion into natural, organic and specialty retail channels across the United States.
Recent industry research indicates approximately 10.7% of U.S. adults have consumed kava in the past year, highlighting growing category awareness and adoption.
U.S. retail expansion viewed as a natural progression following successful Australian retail execution and growing U.S. e-commerce market share.
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