The Calmer Co secures kava manufacturing partnership
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· The Calmer Co. executed a binding heads of agreement with Kaiming Agro Processing to combine manufacturing capabilities for kava, ginger, and turmeric extract production.
· The company's share price remained unchanged at $0.002 following the announcement.
· The strategic collaboration is intended to support the company's branded ingredient business and scale global commercialisation.
The Calmer Co (ASX:CCO) executed a binding heads of agreement with Kaiming Agro Processing to combine botanical manufacturing capability with raw material sourcing and global commercialisation.
The arrangement formalises a framework for long-term strategic co-manufacturing following previous operational cooperation between the two entities.
The partnership represents an important milestone in the company's evolution, according to the board.
Under the agreement, The Calmer Co will continue to control kava raw material supplies, proprietary formulations, intellectual property, and global customer relationships.
The company stated that the partnership is expected to support its branded ingredient business and scale a capital-light manufacturing model.
Following the announcement, The Calmer Co. share price was unchanged at $0.002.
The business operates internationally in the health and wellness sector, focusing on functional natural products that promote relaxation.
