The Calmer Co secures $8.7M kava deal
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- The Calmer Co. executed a long-term supply agreement for Pacific noble kava valued at an indicative $8.7 million annually.
- Following the announcement, company shares held unchanged at $0.001.
- The deal secures raw materials to expand processing output and meet growing consumer demand.
The Calmer Co (ASX:CCO) executed a long-term supply agreement for noble kava with an indicative annual value of $8.7 million.
The deal provides a reserved minimum supply capacity of 10 tonnes of noble kava per month.
This agreement expands the company's Pacific procurement network across Fiji, Papua New Guinea, and Vanuatu.
The secured volume supports the company's current processing output of five tonnes of dried kava per week.
Following the announcement, The Calmer Co. share price was unchanged at $0.001.
The business specialises in health products promoting relaxation and sleep support through natural botanical ingredients.
The company stated that the deal reinforces its strategy to build an integrated Pacific kava supply chain.
