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Elixinol Wellness Ltd (PK) ELLXF

Elixinol Wellness Limited, a holding company, provides healthy products in Australia, the Americas, and internationally. The company provides human nutrition, human wellness, pet wellness, and superfood ingredients under Hemp Foods Australia, Mt Elephant, The Healthy Chef, Soul Foods, Ananda Equine, and Field Day brands. It distributed through grocery, wholesale, and e-commerce channels for white label customers, as well as food, beverage, and beauty manufacturers. In addition, the company engages in the development, sourcing, marketing, and distribution of hemp-derived CBD products, including skincare. The company was formerly known as Elixinol Global Limited and changed its name to Elixinol Wellness Limited in May 2021. The company was incorporated in 2017 and is headquartered in South Melbourne, Australia.


PINL:ELLXF - Post by User

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  • JasleenDhakaX
Post by JasleenDhakaon Mar 13, 2023 5:33pm
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Post# 35336087

New Analyst Report on Elixinol!

New Analyst Report on Elixinol!

Elixinol Wellness Limited (ASX: EXL / OTC: ELLXF) is expanding CBD market with its diverse product offerings and extensive distribution network. While revenue fell in 2022, EXL's cost-cutting measures reduced G&A expenses and improved EBITDA. New product launches in 2023 are expected to boost revenue.

EXL's acquisition of a hemp company in Australia should increase revenue by 50% and expand EXL's reach into the pet food market. Despite regulatory uncertainty, EXL's strong distribution network and focus on cost reductions make it well-positioned to capitalize on the anticipated growth in the CBD market.

 

To learn more about EXL's distribution network, cost-cutting measures, and growth plans in the CBD market, read the full report now.Report link: https://www.researchfrc.com/elixinol-wellness-limited-asx-exl-otc-ellxf-ramping-up-revenue-while-slashing-costs/

 

*FRC provides issuer-paid coverage.*Past performance is not indicative of future results.

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