Rocky Mountain High Brands Announces First HEMPd Shipment and Further Debt Reduction
DALLAS, March 27, 2018 (GLOBE NEWSWIRE) — Rocky Mountain High Brands, Inc. (OTCQB:RMHB), a fully reporting consumer goods company specializing in brand development of high-quality, health conscious, cannabidiol (CBD) and hemp-infused products and a naturally high alkaline spring water, announced today that it recently shipped the first order of its new CBD infused products to M&S Up North Distributing (M&S), a well-established Rocky Mountain High Brands distributor.
Michael Welch, Chairman, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, “We are excited to ship our first order of HEMPd products to M&S. Our Company has a long-term relationship with M&SOwner Shawn Burkel and his team. We are pleased that M&S is our first distributor to carry the new HEMPd product line and look forward to seeing our HEMPd products distributed to retailers in M&S’s markets in the Midwest.”
Moose Thompson, Director of Sales for M&S, commented, “M&S is pleased to be the first distributor to rollout RMHB’s HEMPd products. We have received a great response from our retailers and expect the same response from their customers. The HEMPd line has multiple flavor options for E-juices and tinctures that will give our retailers a variety of options. The lotion has an amazing smell and leaves your hands feeling great without a greasy after effect. With our first order already in transit, we are pleased to announce that we have already presold 85% of it and are planning our second order in April. With a full line of CBD delivery options for consumers, the HEMPd line is second to none in the market.”
The Company also announced that it continued to retire its more expensive convertible debt financing from the proceeds of its Equity Financing Agreement. Yesterday, the Company used $111,086 to retire four convertible notes with non-institutional debt holders.
About M&S Up North Distributing:
M&S Up North Distributing is a full-service distributor that covers the Midwest selling high-end premium beverages, snacks, and now, CBD. M&S’s primary focus is North Dakota, Minnesota and Wisconsin and other surrounding states. M&S has been working with Rocky Mountain High Brands since 2015 and is excited to continue its partnership with the Company with its new HEMPd product line.
About Rocky Mountain High Brands:
ROCKY MOUNTAIN HIGH BRANDS, INC., (RMHB) is a publicly-traded brand management company. RMHB specializes in developing, manufacturing, marketing, and distributing high-quality, health conscious, hemp-infused products that span various “good for you” categories. The Company currently markets a lineup of four naturally flavored hemp-infused functional beverages (Citrus Energy, Black Tea, Mango Energy and Lemonade) and a low-calorie Coconut Lime Energy drink. In addition, the Company offers hemp-infused 2oz. Mango Energy Shots and Mixed Berry Energy Shots. RMHB also bottles and distributes a naturally high alkaline spring water under the name Eagle Spirit Spring Water. In March 2018, the Company is introducing its HEMPd product line to include CBD-infused waters and functional beverages, CBD-infused topicals and CBD-infused nutraceuticals. The Company plans to expand its CBD offerings as new products are developed.
For interested investors, our stock symbol is RMHB.
For corporate information please visit: RockyMountainHighBrands.com
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Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Michael Welch, President and Chief Executive Officer
John Blackington, Chief Commercialization Officer
CEOLive Media Group
Phone: (813) 421-1701
Jack Eversull, President
The Eversull Group, Inc.
Phone: (972) 571-1624
Fax: (214) 469-2361