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Elixinol Wellness Ltd initiates cost reduction program and rejigs management

Elixinol Wellness Ltd (ASX:EXL, OTCQB:ELLXF) has initiated a cost reduction program which is expected to reduce annualised operating costs by about A$3.2. ....

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Elixinol Wellness Ltd well-funded over next 18 months to take advantage of improving outlook across key markets

With a steadily reducing cost base and with more optimisation initiatives on foot, it is well-funded with A$16.1 million in cash and an. ....

United States , United Kingdom , Oliver Horn , Market Performance Group , Revenue Service , Assembly Bill , Hemp Foods Australia , Elixinol Americas , Foods Australia , Coronavirus Aid , Economic Security Act , Internal Revenue Service ,

Elixinol Wellness Ltd returns to growth in June quarter as it seeks to expand existing markets and new growth drivers

Elixinol Wellness Ltd returns to growth in June quarter as it seeks to expand existing markets and new growth drivers
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Creating stress/sleep synergy dietary supplements | Natural Products INSIDER

Sleep and stress supplement market
From supplements as treats to trending ingredients like CBD and other botanicals, the stress/sleep market is open for innovation.
High stress impairs sleep, and impaired sleep exacerbates stress although a vicious circle for consumers, it’s a combination that could offer white space for supplement manufacturers. A variety of stress/sleep support formulations are available on the market, but other innovative products offering a single solution can still make their mark. SKUs that address additional areas of concern, such as immune or eye health, benefit from even broader positioning. The following CPGs provide insight into the innovative ingredients and delivery formats already at retail. ....

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Elixinol Wellness Makes Key Appointments To Leadership Team

Elixinol Wellness Makes Key Appointments To Leadership Team
New hires strengthen commercial and R&D capabilities to drive growth initiatives and product innovation
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(ASX:EXL;OTCQB:ELLXF), a global leader in the hemp derived CBD industry, innovating, and selling hemp derived CBD products, is pleased to announce the appointment of Rob Hasselman as President Americas and Beata Silber as Global Head of R&D and Innovation.
The appointments are designed to drive the Company s transformation to being a global wellness business and follow a substantial body of work to reposition the business to achieve revenue growth and an accelerated path to profitability. ....

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