DESERT HOT SPRINGS, CA / ACCESSWIRE / April 27, 2023 / NutraNomics, Inc. (OTC PINK:NNRX) ("NutraNomics" or the "Company"), an emerging leader in organic plant-based nutritional science and innovation, is pleased to announce that it has entered into an exclusive California-market production agreement with Chew & Chill LLC, a premium cannabis industry edibles brand.
Chew and Chill, a leading brand in the nutritional and THC gummy space, specializes in vegan, sugar-free, gluten-free and symptom-based edibles, has market presence in 20 US States and two Canadian provinces, and expects to expand its global market share by a factor of 5-10 times over the next 18-24 months.
The Companies have been collaborating on trial basis since November 2022 after NutraNomics was recognized as the ideal provider of R&D, Manufacturing Services and Distribution - a unique blend of all three services under one roof. Between November and March, an estimated 25,000 units were sold, producing in excess of $160,000 in wholesale sales revenue. The combined organizations are expected to significantly scale production through the addition of several product SKU's to their overall production portfolio.
"We couldn't be more excited about the partnership and opportunity to expand our quality brand and product lines," stated Michael Krause, CEO of Chew & Chill. "Working with NutraNomics throughout this initial period has been one of our best trials to date. We look forward to expanding our partnership with NutraNomics in California, and eventually throughout North America."
"NutraNomics is extremely pleased to have reached this level of partnership with Chew & Chill," commented Jonathan Bishop, CEO of NutraNomics. "We're very excited and encouraged about the initial stage success of our partnership with Chew & Chill, and we look forward to expanding and scaling the Chew and Chill premium brand throughout our market."
About NutraNomics
At NutraNomics, Inc. (OTC PINK:NNRX), we are committed to excellence in organic plant-based nutritional science and innovation. That was our stance when we began in 1996, and it is still our stance today.
NutraNomics Website: https://www.nutranomics.com
NutraNomics Twitter: https://www.twitter.com/nutranomicsinc
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Press Contact:
Geoff Bazegian, IR@nutranomics.com
SOURCE: NutraNomics, Inc.
https://www.accesswire.com/751589/NutraNomics-Announces-Exclusive-Production-Agreement-with-Premium-Edibles-Brand
