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Voyager Life PLC (VOY)

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Monday 12 July, 2021

Voyager Life PLC

Voyager extends reach with pharmacy group deal

RNS Number : 8353E
Voyager Life PLC
12 July 2021
 

12 July 2021

 

Voyager Life plc

("Voyager" or "the Company")

 

Voyager extends sales reach with independent pharmacy group deal

 

Voyager Life plc, the health and wellness company established to supply high-quality Cannabidiol (CBD) and hemp seed oil products announces that it has been appointed as a preferred supplier to independent pharmacy group Inphaserve.

 

Inphaserve Independent Pharmacy Buying & Support Group serves the needs of more than 30 independent pharmacists in Scotland and England by negotiating supply contracts on their behalf.  The agreement will add Voyager to Inphaserve's list of approved suppliers, allowing the Company to share its marketing materials with Inphaserve's network.

 

Voyager's products are currently available in over 40 independent retail stores in Scotland and on over 20 third-party websites, including popular online platforms Amazon, eBay and Etsy.

 

The benefits of the Company's rapidly expanding distribution network are already being seen with sales in June 2021 four times that of May 2021. Voyager's hemp range for pets is proving particularly popular and the Company intends to continue to expand its product lines for this segment over the summer.

 

The Inphaserve agreement further evidences Voyager 'sbelief that a significant opportunity exists in the CBD sector as a result of the expected growth of the market, as CBD becomes more mainstream and the regulatory environment for CBD products in the UK develops further.

 

Nick Tulloch, CEO of Voyager, said: "This is an important new deal for Voyager with a partner that immediately recognised the quality of our products. We look forward to working with Inphaserve to distribute our CBD and hemp products across their network.

 

"Post-IPO, the Company has a cash balance of circa £2 million and is well positioned to build a diverse and robust demand pipeline of sales.

 

"Forthcoming product releases and the opening of our store in St Andrews this month provides further opportunities for us to continue to increase our sales. Alongside these new products, we will also be updating our branding and upgrading our website in the coming months."

 

 

-ENDS-

 

 

About Voyager

 

Voyager was founded in November 2020 and listed on the Aquis stock exchange on 30 June 2021. The Company offers a range of health and wellness products containing CBD and hemp seed oil. Products include oils, "gummies" (chewable sweets), bath and skincare products and hemp-based products for pets, which are available online through the company's website www.voyagercbd.com , through independent stores and more than 20 third-party websites, including popular online platforms Amazon, eBay and Etsy.

 

Enquiries:

Voyager Life plc

 

Nick Tulloch

01738 505 130 / [email protected]

 

 

Charlotte Street Partners (Financial Communications)

 

David Gaffney

+44 (0) 7854 609 998 / [email protected]

Tom Gillingham

+44 (0) 7741 659 021 / [email protected]

Andrew Wilson

+44 (0)7810 636 995 / [email protected]

 

 

Cairn Financial Advisers LLP (AQSE Corporate Adviser)

 

Liam Murray or Ludovico Lazzaretti

+44 (0) 20 72130 880

 

 

 

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