Masters of the Sizzle: Rocky Mountain High Brands, Inc (OTCMKTS:RMHB)
By Dave Young on October 4, 2016 Media & Technology, Micro Cap Insider
Rocky Mountain High Brands, Inc (OTCMKTS:RMHB) has formed a strong base around the $0.03 mark where it currently trades on moderate volume. The stock is well known for big moves running from subs to highs of $0.32 a share last year.
RMHB is the new trading symbol for THCZ; Totally Hemp Crazy Inc. the stock was the darling of small caps in the beginning months of 2015 until it was slapped with the dreaded skull & crossbones designation from Otcmarkets and the stock price collapsed.
Rocky Mountain High Brands, Inc (OTCMKTS:RMHB) has been selling exceptionally well, maybe the following quote from Gadget White on Seeking Alpha explains why: ”THCZ has a GOOD product. I own stock and have tried the beverage. Not only does it taste much better than Monster energy drink and Red Bull, it is made from natural ingredients such as beet sugar and hemp seed which has been linked to many health benefits
Clever packaging and the purchase price is comparable to Red Bull. I am personally not a fan of energy drinks but not only do I enjoy this stuff, I have recommended it to my friends and several bar owners who also think it’s marketable and have ordered from Amazon. That says a lot. I see definite potential.”
Back when THCZ Initially launched the excitement was palpable with AMAZON rating Rocky Mountain High Hemp Lemonade as the #1 new release in the product category. Cold Spring Brewery in Minnesota initially produced about 4,100 cases recently for the first shipment to Amazon centers as a first test run. The product exploded off the shelves, incredibly selling out with no money spent on marketing in just 3 hours. Cold Springs will produce 45,000 cases for the next run anticipated to ship in about two weeks.
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In November RMHB said they have received a Notice of Allowance from the United States Patent and Trademark Office (USPTO) on their new Blue Leaf design. Upon completion of the process showing that the mark is in service, a trademark will be issued.
Currently, Rocky Mountain High Brands is marketing and selling a line-up of beverages in the marketplace that contain 100 mg of hempseed extract in each 12 oz. can. Seeds of the plant cannabis sativa – also known as hemp seed, contain all the essential amino acids and essential fatty acids necessary to maintain healthy human life. No other single plant source has the essential acids in such an easily digestible form, nor has the essential fatty acids in as perfect a ratio to meet the nutritional needs of human beings. Thus, hemp seed and hemp seed oil may be considered to be the most nutritionally complete food source in the world.
On October 4 RMHB announced they have signed North Carolina based AFG Distribution as a national distributor. AFG Distribution currently carries over 8,000 products and is constantly sourcing and adding more unique items.
AFG Distribution was officially founded in 1999 and has grown exponentially over the past seventeen years to become a One Stop Alternative Goods Wholesaler. With a vast catalog of products and a customer service staff of over thirty people, this enables AFG Distribution to supply products to retailers all across North America.
Michael Welch, President and CEO of Rocky Mountain High Brands, said, “Smoke shops and specialty retailers all across North America depend on AFG Distribution as their primary wholesale warehouse. Rocky Mountain High products are on-site and available for immediate shipment to any of the thousands of AFG clients for placement on their retail shelves. This relationship will help Rocky Mountain High brands achieve brand availability nationally with the huge independent base of locally owned and operated retailers.”
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Currently trading at a $18 million market valuation RMHB has minimal assets and revenues and growing short term debt that could result in significant dilution. But this is an exciting story developing in small caps; RMHB Rocky Mountain High Hemp Lemonade sells really well and the product was rated as the 1 new release in the product category by Amazon. RMHB has proven itself a master at attracting massive interest in their story like no other penny stock and has recently added a number of important new distributors. We will be updating on RMHB when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with RMHB.
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