HomeFinTechCronos Australia: Launch CBD sports gel

Cronos Australia: Launch CBD sports gel

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  • Cronos Australia (CAU) has launched its cannabidiol-based sports gel range, FCTR
  • For now, the range includes a warm gel and a cool gel which are designed to help a wide range of athletes with recovery
  • FCTR will initially sold in Hong Kong and Japan and is not yet available in Australia due to regulatory reasons
  • The product is designed to a recovery for a wide range of athletes
  • To speed up distribution, Cronos has also signed a sales agency agreement with SS Outdoor
  • On market close for the long weekend, Cronos up 12.5 per cent and is trading at 13.5 cents per share
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