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Zoetic International has laid platform for big uplift in CBD revenues believes CEO Tulloch

“We now have a strong and capable platform from which to build next year.”

Nick Tulloch, Zoetic International PLC’s (LON:ZOE) chief executive believes the groundwork has been laid for a big uptick in sales of its CBD products in 2020.

“We’ve established the Chill and Zoetic brands,” he told Proactive and that has led to significantly increased traction with retailers and distributors.

Zoetic has seen a third of its CBD sales in the last thirty days reflecting the acceleration and recognition of the brands. 

Repeat orders have increased, the brands are getting more exposure and next year will see the start of an advertising push targeting Easyjet passengers.

“We now have a strong and capable platform from which to build next year.”

Quick facts: Zoetic International PLC

Price: 9.75 GBX

LSE:ZOE
Market: LSE
Market Cap: £14.54 m
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Full interview: Zoetic International makes strong start to 2020 as strategy...

Zoetic International PLC's (LON:ZOE) Nick Tulloch caught up with Proactive London's Andrew Scott to talk through the firm's latest trading update. He says the business is continuing to develop on all fronts and in particular they're seeing strong distribution interest in the US. Tulloch...

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