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Zelira Therapeutics Ltd closes out FY21 with record cash receipts ahead of product launches


Zelira Therapeutics closes out FY21 with record cash receipts ahead of product launches
The cannabinoid medicines developer brought in more than A$300,000 from customers over FY21’s final quarter, marking the best quarterly result on record.
Zelira has closed out the 2021 financial year with a record A$311,000 in cash receipts.
Zelira Therapeutics Ltd (ASX:ZLD, OTCQB:ZLDAF) has capped off the 2021 financial year with record cash receipts as it looks ahead to product launches later this year.
The cannabinoid medicines developer finished the June quarter with A$311,000 in cash receipts up 38% on the March quarter’s A$225,000 result.
In today’s quarterly report, Zelira chalked up the record receipts to sales growth across its SprinjeneCBD toothpaste line, clinical trial management and product licensing fees from partner Levin Health Limited. ....

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Zelira Therapeutics Ltd partners with Health House International Ltd to bring CBD toothpaste to the UK


Zelira Therapeutics partners with Health House International to bring CBD toothpaste to the UK
Zelira’s CBD toothpaste is already available in the US. Now, the company is preparing to launch the product in another key large overseas market.
Zelira s SprinjeneCBD toothpaste will soon be distributed in the UK.
Zelira Therapeutics Ltd’s (ASX:ZLD) (OTCMKTS:ZLDAF) (FRA:G1G) CBD-formulated toothpaste is primed to hit the UK market under an exclusive distribution agreement.
The healthcare company inked the distribution deal with fellow ASX-lister Health House International Ltd (ASX:HHI), which teamed up with Zelira under a five-year contract.
This agreement stipulates Health House will purchase and distribute a cumulative US$500,000 worth of Zelira’s CBD toothpaste over the next 12 months. ....

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