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CBX.L (CBX) Share News

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IN BRIEF: Cellular Goods products go live on Sephora's site

17th May 2023 12:43

Cellular Goods PLC - London-based skincare and wellness company providing consumer products formulated with lab-produced cannabinoids - Begins selling its 'Look Better' skincare range and selected products from its 'Gift Better' gifting range on Sephora. Cellular Goods said it has entered into a contract with Paris-based beauty and cosmetics retailer Sephora earlier this month. Says ten products in total are available, ranging in price from GBP32 to GBP99 each. Adds that the launch is part of its strategy to drive revenue by expanding its online sales channel. Read More

LONDON MARKET CLOSE: Stocks lower as Bank of England decision looms

10th May 2023 16:58

(Alliance News) - Stocks in London closed lower on Wednesday as investors digested the latest inflation print in the US and nervously awaited the Bank of England's next interest rate decision. Read More

Cellular Goods shares jump after deal with cosmetic retailer Sephora

10th May 2023 12:03

(Alliance News) - Shares in Cellular Goods PLC more than doubled to 1.45 pence in London on Wednesday following the reveal of a product placement deal with cosmetics retailer Sephora. Read More

IN BRIEF: Cellular Goods completes King Tide acquisition

9th May 2023 17:38

Cellular Goods PLC - London-based skin care and wellness company providing premium consumer products formulated with biosynthetic and lab-produced cannabinoids - Completes the acquisition of King Tide Carbon PTE Ltd. Deal is to be satisfied by the issue of 95 million shares to the sole shareholder of King Tide, Matthew Lodge. Further, grants Lodge a warrant over 5 million shares at an exercise price of 0.97 pence each. Explains one third of the warrants vest on May 5, 2024, with the remaining two thirds vesting in 24 equal monthly instalments thereafter. Points out the acquisition has no revenue currently but is forecast to generate revenue by the end of the year. Read More

IN BRIEF: Cellular Goods interim loss narrows as revenue rises

5th May 2023 10:58

Cellular Goods PLC - London-based cannabinoid consumer products company - Posts revenue of GBP31,022 for the six months ended on February 28, up from GBP13,058 a year earlier. Pretax loss narrows to GBP1.8 million from GBP2.4 million, as administrative expenses also reduce to GBP1.8 million from GBP2.4 million. Says it has expanded its product range with the introduction of three new rejuvenating skincare products in September last year, followed by the launch of a gift set collection for the festive season. Looking ahead, says the current trading remains encouraging and sales in March set a new record, as it remains focused on achieving further progress in 2023. Read More

IN BRIEF: Cellular Goods plummets as pulls out of Cannary acquisition

8th Feb 2023 11:13

Cellular Goods PLC - London-based cannabinoid consumer products company - End negotiations for its proposed acquisition of Cannaray Brands Ltd & Love CBD Health Ltd from Cannaray Ltd. The companies are subsidiaries of Cannary Ltd. Says that "as a result of changes in the deal itself, it was not in the best interests of shareholders to proceed." Read More

UK shareholder meetings calendar - next 7 days

6th Feb 2023 15:44

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EARNINGS SUMMARY: Cellular Goods and British Honey suffer widened loss

23rd Dec 2022 14:52

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News. Read More

IN BRIEF: Cellular Goods CBG skincare range launched in Debenhams

24th Oct 2022 11:54

Cellular Goods PLC - London-based cannabinoid consumer products company - Says 'Look Better' skincare range will be available for purchase on Debenhams' online premium marketplace, Debenhams.com, from Monday. Eight of its cannabinoid-based skincare products will be offered, making it the first cannabigerol-based skincare brand to offer products on Debenhams. CBG is a cannabinoid that comes from the cannabis plant. Read More

Cellular Goods to acquire Cannary subsidiaries; CEO steps down

26th Sep 2022 12:23

(Alliance News) - Cellular Goods PLC on Monday said that it has signed a letter of intent with Cannary Ltd to acquire Cannary Brands Ltd and Love CBD Health Ltd. Read More

IN BRIEF: Cellular Goods opens US market with skincare range

23rd Sep 2022 10:03

Cellular Goods PLC - London-based consumer products with lab-made cannabinoids - Says it is now shipping products from its 'Look Better' skincare range to the US. Says customer can order its products from its recently opened sales e-commerce website, following the launch of its Rejuvenating Skincare campaign. Read More

LONDON MARKET OPEN: Stocks struggle and pound falls below USD1.12

23rd Sep 2022 08:41

(Alliance News) - European equities traded lower in early dealings on Friday, with markets wounded by a series of interest rate hikes across the globe as central banks bid to calm rampant inflation. Read More

TRADING UPDATES: AB Dynamics revenue up; SDI Group trades in line

21st Sep 2022 20:02

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

IN BRIEF: Cellular Goods hires former Tom Davies director as new CFO

16th Aug 2022 11:11

Cellular Goods PLC - London-based consumer products with lab-made cannabinoids - Hires Bruna Nikolla as its new chief financial officer, effective from August 22. Says Nikolla will succeed Simon Walters who will continue with his role until September 1. Read More

TRADING UPDATES: BlueRock hit by extreme weather; Harbour drills well

11th Jul 2022 19:15

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

IN BRIEF: Cellular Goods wants CBD advertising on social media

20th Jun 2022 11:44

Cellular Goods PLC - London-based consumer products with lab-made cannabinoids - Launches petition to lift restrictions on advertisement of CBG and CBD products on social media and search engines. "With over 4.6 billion people using social media, this blanket ban is limiting companies' ability to promote their CBG and CBD products to potential consumers," it says. "The ban is also strengthening misconceptions around CBG and CBD, and hampering the public's ability to access verified information about them, making it more difficult for consumers to make informed purchasing decisions and learn about their wellness benefits." Read More

IN BRIEF: Cellular Goods interim loss widens; expects slower growth

30th May 2022 11:38

Cellular Goods PLC - London-based consumer products with lab-made cannabinoids - Pretax loss widens to GBP2.4 million in the six months to February 28 from GBP2.1 million in the same period a year before. Generates maiden revenue of GBP13,058, with the introduction of its first products to market. Expects sales volumes and turnover in the second half to ramp up at a slower rate than initially anticipated. Notes that it is still expects these to increase from the first half. Read More

IN BRIEF: Cellular Goods promotes new chair; hires former P&G exec

12th May 2022 14:47

Cellular Goods PLC - London-based consumer products with lab-made cannabinoids - Promotes Non-Executive Director Darcy Taylor to non-executive chair, effective immediately. Taylor replaces Peter Wall, who is stepping down as chair but remaining as a non-executive director. Also hires Gill Whitty-Collins and Misha Sher as non-executive directors, replacing David Gardner and Ross Connolly. Whitty-Collins is a former Procter & Gamble Co executive, where she led consumer brands such as Olay, Always and Pantene. Back in March, Cellular Goods hired Nikhil Vijayan, also formerly with P&G, as chief supply chain officer. Sher is a marketing executive. Read More

Cellular Goods "disappointed" after suspending ingestibles range

22nd Apr 2022 19:13

(Alliance News) - Cellular Goods PLC on Friday said it has "disappointed" by the UK Food Standards Agency's stance as it agreed to suspend sales of its ingestibles range with immediate effect. Read More

TRADING UPDATES: Sureserve gets new CFO; Sareum notes GSK buys Sierra

13th Apr 2022 21:59

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

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