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Posted On: 12/28/2018 9:02:41 AM
Post# of 75069
WE DID IT GUYS!!!!!
Rocky Mountain High Brands Announces First Purchase Order and Deposit from CBD Life; New Websites for Rocket High and California Beverages
DALLAS, Dec. 28, 2018 (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 it received the first purchase order and deposit from CBD Life for an initial test run of 2,000,000 cans of Rocket High, California Lemonade and California Black Tea.
Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, "Approximately two weeks ago, CBD Life presented the Company with a preliminary purchase order for 2,000,000 cans of beverages for their use as sales samples in Mexico. Under our agreement with them, we were obligated to present updated pricing from our ingredient vendors, can manufacturer and copacker prior to the commencement of our first production run. We were notified late on December 24, 2018 that CBD Life had approved the updated pricing. When the beverages from this first purchase order are delivered to CBD Life during the first quarter of 2019, the Company can recognize over $930,000 in revenue. Yesterday, CBD Life wired the Company a 50% deposit for this particular run. We are excited to commence this project and anticipate that this initial order will be proceeded by a significantly larger order in the first quarter of 2019."
Mr. Welch continued, "CBD Life has also launched a very aggressive digital marketing plan, including two separate websites in Spanish for the two different brands www.rockethigh.com for Rocket High and www.californiadrinks.com for California Lemonade and California Black Tea. We have included images of both brands on our Rocky Mountain High Brands corporate website at www.rockymountainhighbrands.com/our-brands. Also, of note, Powered by Rocky Mountain High is displayed on the front of the Rocket High cans and the back of the California cans."
Mr. Welch concluded, "In addition, CBD Life is frequently quoted in the Mexican press regarding Rocket High and California beverages. Attached is a link to one of the articles from Bloomberg's Mexican affiliate, El Financiero, from December 26, 2018, quoting Janko Ruíz de Chávez, Operations Director of CBD Life, stating that CBD Life is finalizing conversations with several chains of convenience stores to sell Rocket High: http://www.elfinanciero.com.mx/opinion/de-jef...ull."
Rocky Mountain High Brands Announces First Purchase Order and Deposit from CBD Life; New Websites for Rocket High and California Beverages
DALLAS, Dec. 28, 2018 (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 it received the first purchase order and deposit from CBD Life for an initial test run of 2,000,000 cans of Rocket High, California Lemonade and California Black Tea.
Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, "Approximately two weeks ago, CBD Life presented the Company with a preliminary purchase order for 2,000,000 cans of beverages for their use as sales samples in Mexico. Under our agreement with them, we were obligated to present updated pricing from our ingredient vendors, can manufacturer and copacker prior to the commencement of our first production run. We were notified late on December 24, 2018 that CBD Life had approved the updated pricing. When the beverages from this first purchase order are delivered to CBD Life during the first quarter of 2019, the Company can recognize over $930,000 in revenue. Yesterday, CBD Life wired the Company a 50% deposit for this particular run. We are excited to commence this project and anticipate that this initial order will be proceeded by a significantly larger order in the first quarter of 2019."
Mr. Welch continued, "CBD Life has also launched a very aggressive digital marketing plan, including two separate websites in Spanish for the two different brands www.rockethigh.com for Rocket High and www.californiadrinks.com for California Lemonade and California Black Tea. We have included images of both brands on our Rocky Mountain High Brands corporate website at www.rockymountainhighbrands.com/our-brands. Also, of note, Powered by Rocky Mountain High is displayed on the front of the Rocket High cans and the back of the California cans."
Mr. Welch concluded, "In addition, CBD Life is frequently quoted in the Mexican press regarding Rocket High and California beverages. Attached is a link to one of the articles from Bloomberg's Mexican affiliate, El Financiero, from December 26, 2018, quoting Janko Ruíz de Chávez, Operations Director of CBD Life, stating that CBD Life is finalizing conversations with several chains of convenience stores to sell Rocket High: http://www.elfinanciero.com.mx/opinion/de-jef...ull."
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