Fiji Kava Limited (FIJ.AX) Coles Ranges FijiKava Drinking Kava Nationally

2022-09-09 22:10:05 By : Mr. frank xu

Get Fully Briefed with Yahoo Finance, delivered straight to your inbox.

Brisbane, Australia, Feb 16, 2022 - (ABN Newswire) - Fiji Kava Limited (ASX:FIJ), an Australian-Fijian medicinal kava health and wellness company which produces natural products for the complementary medicine market, has today announced that their 50g Drinking Kava product which will be ranged in more than 700 Coles stores across all states in Australia, excluding the Northern Territory. - Coles has commenced ranging FijiKava's Drinking Kava nationally in more than 700 locations in Australia this week - Coles will stock their 50g FijiKava Instant Kava product alongside their Noble Kava extract capsules and three Noble Kava(R) medicinal product varieties; Noble Sleep(R), Noble Calm(R) and Noble Body(R) - FijiKava is the only nationally distributed Drinking Kava product - Coles is Australia's second largest supermarket chain, accounting for 27% of retail sales in Australia Australia announced a pilot importation program for drinking kava in December 2021, and the product can now legally be sold for the first time in almost 15 years. Drinking kava is the traditional kava format used widely around the Pacific as a recreational beverage. Fiji Kava Ltd is the only foreign company licensed by the Fijian Government to operate in the kava industry. Fiji Kava CEO, Anthony Noble said: "National distribution of our Drinking Kava through Coles is a critical step forward to increase the availability of Noble Fijian Kava for Australian consumers. Fiji Kava's range of complementary medicine products has been on sales through Coles for the last 20 months, and we have invested in making consumers aware of the health benefits of these products for sleep, stress relief and muscle relaxation. We believe this new product format will allow more consumers to experience kava at an extremely competitive price point." "In the USA market drinking kava sales significantly outstrip capsule and tablet sales and there is no reason to think that in Australia a similarly strong demand will be seen. Our products are all produced utilising Good Manufacturing Practices in HACCP accredited facilities and only utilising the safest and most effective subset of Noble Fijian Kava varieties. This ensures our products are entirely safe and deliver reliable benefits to consumers."

Fiji Kava Limited (ASX:FIJ), an Australian-Fijian medicinal kava health & wellness company, producing natural 'noble kava' products for the natural medicine market, estimated to exceed USD $210 billion by 2026 globally. As the first foreign company with approval from the Fijian Government to operate in the kava industry. FijiKava has established a global leading sustainable and 100% traceable, certified organic supply chain of 'noble kava' including a nucleus farm in Levuka, on the island of Ovalau, Fiji. FijiKava is focussed on expanding the availability of noble kava products throughout western markets to provide a natural alternative to prescription medicines to promote sleep, soothe and calm the nerves, support muscle relaxation and relax the mind. Backed by years of independent research, Fiji Kava medical kava products are produced by high-quality GMP and are TGA and FDA compliant. Contact: For Investors Jay Stephenson investors@fijikava.com For Media Anthony Noble anthony@fijikava.com Source: Fiji Kava Limited Copyright (C) 2022 ABN Newswire. All rights reserved.

The local market is expected to drop this morning despite gains on Wall Street overnight. This is your Friday morning wrap.

Following the death of Queen Elizabeth II, King Charles III is set to inherit a massive fortune. This is how much he will make.

Home prices have been falling but there are signs they may be nearing their trough. Stephen Koukoulas explains.

The Labor Government is preparing to pass down its first federal budget this October, with a major emphasis on cost-of-living pressures. But, there won’t be any cash payments.

A massive amount of Aussies on fixed-rate loans are facing a mortgage cliff. This is what you need to know.

Toyota maintains it is working towards the "ultimate goal of carbon neutrality".

Self-care isn't just about yoga, mindfulness apps and face masks, it's about your finances too. Here are three easy tips to save money right now.

Wall Street's main indexes have posted gains mainly lifted by financial institutions and healthcare companies as investors digested hawkish remarks from policymakers that cemented bets of a large interest rate hike later this month.Indexes bounced back and forth in a choppy trading as concerns over Federal Reserve's next steps to tame a surging inflation remain.

The end may be near for double-whammy interest rate hikes. But that doesn’t mean they will stop going up. This is what you need to know.

US stocks have rallied, with the major indexes recording their first weekly gain in four weeks as investors went back on a buying spree, shrugging off concerns about the economic outlook.The gains followed a sharp sell-off that began in mid-August triggered by concerns about the impact of tighter monetary policies and signs of an economic slowdown in Europe and China.

A teabag supposedly used by The Queen in 1998 has sold on eBay for a staggering amount in the wake of her death. This is what you need to know.

None of the Big Four banks has hiked mortgage rates in response to Tuesday’s RBA decision. But is it too early for homeowners to celebrate?

Saving money is a smart move, but putting it to work is even better. Investing expert and author Simran Kaur explains why investing is not only easy but one of the best ways to beat inflation.

A content creator has used her OnlyFans earnings to help her kids onto the property ladder. Here's how she did it.

The Reserve Bank has gone on an aggressive rate hike path since it started lifting in May. But, has it gone too far?