Join our daily newsletter At The Bell to receive exclusive market insights
- The Calmer Co (CCO) enters a three-year partnership with Naturally Elevated, trading as On-Schedule Speciality Logistics
- On-Schedule will market Calmer’s products to more than 14,000 customers through the company’s online telehealth portals
- The deal also involves the companies collaborating to explore logistical requirements for manufacturing and distributing the DANODAN range in Australia
- Shares were up 11.1 per cent, trading 0.5 cents at 11:14 am AEST
The Calmer Co (CCO) has entered into a three-year partnership with Naturally Elevated, trading as On-Schedule Speciality Logistics.
On-Schedule will market CCO’s products to more than 14,000 customers through the company’s online telehealth portals.
The products will be distributed to up to 2000 pharmacies and 5000 niche retailers around the country.
“This partnership unlocks multiple fresh avenues for The Calmer Co’s product distribution across Australia,” CCO CEO Anthony Noble said.
“The team at Naturally Elevated are experts in the field of medicinal cannabis distribution and we have had constructive discussions on how we might work towards bringing the DANODAN CBD products to Australia and what manufacturing models can be used to facilitate this process when regulatory approvals allow it.”
The deal will also involve the companies collaborating to explore logistical requirements for manufacturing and distributing the DANODAN range, broad-spectrum CBD tinctures, in the Australian Market.
CCO was up 11.1 per cent, trading 0.5 cents at 11:14 am AEST.
