LONDON, UK: Voyager Life plc, the health and wellness company established to supply high-quality Cannabidiol (CBD) and hemp seed oil products, 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’s belief 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.”
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