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- Cann Global (CGB) will expand its sales and distribution activities throughout Australia and overseas
- For the first time, Costco will stock T12’s hemp protein powder in its stores around Australia
- In Vietnam, the company has boosted its protein powder supply by 50 per cent to meet the high demand.
- Cann is up 18.8 per cent on the market this morning, trading at 1.9¢ apiece
Cann Global (CGB) will be expanding in its sales and distribution activities in both Australia and overseas.
The company has signed supply contracts with EPCO Foods in Vietnam and Costco Australia.
Costco Australia
For the first time, Costco will stock T12’s hemp protein powder in its stores around Australia.
“They have been very supportive on new high-quality plant-based foods,” the company said.
T12 have been invited to work with Costco on a promotional campaign that includes Costco Member Magazine advertising and in-store promotions, starting in Sydney stores.
Costco demands the very best and is highly member-focused.
“The team at T12 are very proud to be associated with this quality food retailer and with the addition of these two new product lines, the company believes this will further complement the announcement made last August regarding the introduction of our Premium Hemp Seed oil capsules to the Costco food range,” it added.
EPCO Foods
Last September, Cann’s T12 food division signed an exclusive distributorship contract with EPCO Foods.
Due to high demand, the company has increased its product supply by 50 per cent.
The company has also received an order from EPCO management for Nutraceutical (Capsules) which include chia, fish oil and flax products. More details about this order are yet to come.
“We are very pleased that T12’s work ethos of setting high standards in both production and manufacturing, with Organic certification and ‘best practice’ Australian farming techniques,” Chairperson Pnina Feldman said.
“[we] will continue to ensure that Cann Global’s partnerships with global food retailers such as Costco Australia and EPCO Foods Vietnam will only grow, making T12’s food range the product of choice for the discerning health-food conscious Australian and Global consumer,” Pnina added.
Cann is up 18.8 per cent on the market this morning, trading at 1.9¢ apiece at 11:34am AEDT.
