DALLAS, January 25, 2019, (GLOBE NEWSWIRE) — Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness products, announced today that the Company filed a Form 8-K with the Securities and Exchange Commission (“SEC”). The Form 8-K discloses the terms of the five-year co-packing agreement with Optimus Fulfill, LLC and the terms of the Second Amendment to the Master Manufacturing Agreement with CBD Alimentos SA de CV.
To view the SEC Form 8-K filing, click on the following link:
Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, “This has been an exciting week for Rocky Mountain High Brands. The Company executed a five-year agreement with Optimus Fulfill, LLC, creating a relationship with a co-packer located 25 minutes from our Corporate Office. The leadership team at Optimus Fulfill is currently expanding their production line to meet our anticipated volume requirements for the following beverages:
- Rocket High
- California Lemonade
- California Black Tea
- HEMPd Beverages
- Rocky Mountain High Beverages
As we expand our beverage line, we will add additional products to this agreement.”
Mr. Welch continued, “This is the first time the Company has executed an agreement directly with a beverage co-packer. The Company previously engaged a third party outsource service to manage our supply chain and co-packing. The third party executed agreements with suppliers and co-packers and billed the Company various fees for their outsourced oversight services. Managing the supply chain and co-packing internally gives the Company greater control over its production at much lower costs.”
Mr. Welch continued, “We met with the officers of CBD Life in Dallas last week and addressed the need to create and execute a Second Amendment to the Master Manufacturing Agreement with CBD Alimentos SA de CV. The Amendment assigns the agreement to CBD Life S.A. DE C.V. and modifies agreed upon purchase requirements for the remainder of 2019. All remaining purchase requirements should be finalized by the end of April 2019. We also agreed that we would assign the U.S. Trademarks applied for Rocket High, California Lemonade, and California Black Tea to CBD Life once they are issued by the U.S. Trademark Office. We are in discussions with CBD Life on their plans to launch Rocket High, California Lemonade, and California Black Tea in the United States.”
Mr. Welch concluded, “We are very pleased with the strong working relationship that has developed between the Officers of CBD Life and our RMHB Team. We look forward to not only building Rocket High and California beverages into great brands together, but to pursuing other opportunities that will be mutually beneficial to both companies.”
About Rocky Mountain High Brands (www.rockymountainhighbrands.com):
ROCKY MOUNTAIN HIGH BRANDS, INC., (RMHB) is a publicly-traded, lifestyle brand management company that markets “good for you” products to health-conscious consumers.
We are committed to empowering, motivating and inspiring healthy lifestyle habits that create a positive impact on everyday people. We reach those people with our brand messages and change people’s lives with our products. Our products inspire people to choose wellness and healthy lifestyles.
Our mission is to help people live more productive and healthier lives.
The Company currently markets a naturally flavored hemp-infused functional beverage under the name Rocky Mountain High. RMHB also bottles and distributes a naturally high alkaline spring water under the name Eagle Spirit Spring Water. In March 2018, the Company launched its HEMPd product line, which currently consists of CBD-infused topicals and nutraceuticals. The Company introduced a line of HEMPd CBD-infused functional beverages in the fourth quarter. The Company acquired FitWhey, a unique water-based protein drink that is naturally sweetened, flavored and colored that combines the highest quality whey protein isolate with caffeine. RMHB continues to be innovative through R&D and bringing new products to market.
Our vision is to create and sell “good for you” products that touch people in fun, unique and relevant ways.
For interested investors, our stock symbol is RMHB.
For corporate information, please visit: RockyMountainHighBrands.com
Investors Hangout: http://investorshangout.com/Rocky-Mountain-High-Brands-Inc-RMHB-69150/
Investors Hangout is the only authorized Investors blog page for Rocky Mountain High Brands, Inc.
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 to reflect events or circumstances that may arise after the date of this release.
Michael Welch, President and Chief Executive Officer
David Seeberger, Vice President and General Counsel
Phone: (972) 833-1585
Fax: (214) 593-5617