CGB 0.00% 2.1¢ cann global limited

Tips:Look into the criteria to get ingredients certified as...

  1. 766 Posts.
    lightbulb Created with Sketch. 167

    Tips:

    • Look into the criteria to get ingredients certified as natural or organic, as this is likely to increase your chances of entering the European market. The most popular standards in Europe are COSMOS and NATRUE.
    • Identify a certification body in your country that provides COSMOS and NATRUE certification. Buyers also see these European standards as a sign of quality. Once certified, your ingredients are likely to get premium prices in the market. Ensure you use appropriate logos and labels on your marketing materials.
    • Consider acquiring certification proving you meet and uphold organic and social standards as well as environmental standards, as these are becoming increasingly popular on the European market. Examples include European Union (EU) Organic, Ecocert Organic, Ecocert Fair Trade, Fair for Life and Fair Wild certifications.
    • Research current market developments on the European cosmetics market. For example, the ageing European population will drive anti-ageing skincare segment sales. Review the CBI study Exporting anti-ageing extracts to Europe for more information on this topic.
    • Focus on building long-term relationships with European buyers and ensure you communicate this to them. Although growth may be slow in the cosmetics market overall, Europe is expected to have the largest cosmetics markets in the world

 
watchlist Created with Sketch. Add CGB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.