Sunday, June 1, 2025

Latest

Khiron Launches Kuida CBD Skincare Products Into Hong Kong Market

Khiron Life Sciences (TSXV: KHRN) is going to Asia. The company announced this morning that it has signed a distribution deal for its Kuida CBD cosmetics brands with that of DNO Group, a leading distributor within the Asian market with over 50,000 points of sale within the Asian region. Distribution of Kuida products are expected to commence in the fourth quarter of 2020.

Under the distribution agreement, Khiron will see its Kuida line of skincare products sold through DNO Group’s network of pharmacy, beauty retail and online markets within the territory of Hong Kong. The agreement is a landmark for the company, given that the Asian region is the largest purchaser of skincare products, accounting for 53% of global sales.

The Hong Kong market itself contains a population of 7.2 million people, while also serving as an international hub for the mainland. Hong Kong itself is believed to have accounted for roughly $2.7 billion within the cosmetics and personal care segment in 2018 alone, while continuing to expand annually.

"With this distribution deal we establish a significant footprint in Hong Kong for our Kuida brand and gain access to the Asian Pacific beauty and skincare market, the world's largest region for skincare products. DNO Group have a large distribution network of over 50,000 points of sales in the region, including prominent pharmacy, beauty retail and online channels that we know from experience in other jurisdictions are where our customers are choosing to purchase Kuida products. Importantly, DNO Group brings valuable insight into the Asian consumer profile, further supporting the impact of the brand roll-out in Hong Kong."

A total of seven SKU’s under the Kuida brand are to be distributed into the Hong Kong market by DNO Group under the distribution agreement. The first orders are anticipated to occur in the fourth quarter of 2020. The launch of Kuida products within the Hong Kong market will be supported by product training, CBD education, consumer marketing and brand activation.

Khiron Life Sciences last traded at $0.48 on the TSX Venture.


FULL DISCLOSURE: Khiron Life Sciences is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Khiron Life Sciences on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Leave a Reply

Video Articles

Wesdome Gold Q1 Earnings: Cash Flow Is King!

Solaris Resources: The Royal Gold Financing Package

How a Single Deal Turned 2 ‘Dead’ Mines into a $2B Project | Canadian Copper PEA – Simon Quick

Recommended

Brazil Potash Completes Site Prep For Port Terminal

Silver47 x Summa Silver: Creating An Explorer With A Billion Ounce Goal

Related News

Khiron Imports First Product To UK, Receives First European Prescriptions

Khiron Life Sciences (TSXV: KHRN) has officially entered the United Kingdom’s medical cannabis market, announcing...

Wednesday, May 6, 2020, 08:34:00 AM

Khiron Receives Authorization For Sale Of High-THC Medical Cannabis

Khiron Life Sciences (TSXV: KHRN) announced this morning that it has received authorization from the...

Wednesday, May 20, 2020, 08:47:31 AM

Khiron Receives National Strategic Project Status From Colombian Government

This morning Khiron Life Sciences Corp (TSXV: KHRN) announced they received the status of National...

Tuesday, September 22, 2020, 09:43:55 AM

Khiron Enters Exclusive Agreement With Brazilian Pharmaceutical Distributor

Khiron Life Sciences (TSXV: KHRN) announced after market close yesterday that it had entered into...

Friday, May 1, 2020, 09:18:45 AM

The Deep Dive Compiles Company Profile on Khiron Life Sciences

The Deep Dive has assembled a company profile for that of Khiron Life Sciences (TSXV:...

Sunday, May 31, 2020, 09:00:00 AM