- Creso Pharma (CPH) has launched three new CBD-based tea products under its cannaQIX brand
- These products are now available in Switzerland with additional European markets expected in the near-term
- The company will also be looking to sell its products in Germany following a reversal of charges against hemp sellers in the country
- These CBD-based teas include cannaQIX tea, cannaQIX NITE tea and cannaQIX Immunity tea, and they aim to reduce stress, enable better sleep and optimise well-being
- Creso will use the technology that helped with the manufacturing of these teas for its flagship lozenge products
- Creso is up 2.5 per cent on the market and shares are trading at 20.5 cents
Creso Pharma (CPH) has launched three new CBD-based tea products under its cannaQIX brand.
These products are now available in Switzerland with additional European markets expected in the near-term.
Following a recent decision by the German Federal Court of Justice to reverse charges against hemp tea sellers, Creso will be looking to launch its teas in Germany.
Upon a successful launch of its products in Switzerland and Germany, Creso will aim to expand its reach into other European countries.
These CBD-based teas include cannaQIX tea, cannaQIX NITE tea and cannaQIX Immunity tea.
The cannaQIX tea is designed to help the management of stress, the cannaQIX NITE tea is to be consumed at night for a better sleep, while cannaQIX immunity tea optimises well-being.
Creso will use the technology that helped with the manufacturing of these teas for its flagship lozenge products.
“We are proud to have completed the finalisation of this ground-breaking technology for our new CBD tea products, which opens a number of new and globally applicable opportunities for Creso Pharma,” Commercial and Development Director Dr Gian Trepp said.
“The new products and formulation provide a very tasty CBD tea that will become a key component in the future production of the cannaQIX lozenges,” he added.
Creso is up 2.5 per cent on the market and shares are trading at 20.5 cents at 3:17 pm AEDT.