Record Contract. In December 2017, Rocky Mountain
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Posted On: 01/17/2018 10:37:35 AM
Record Contract. In December 2017, Rocky Mountain High Brands announced a private label relationship that, upon completion, serves as the largest contract in our Company history. The Company entered into a three-year Master Manufacturer Agreement with CBD Alimentos SA de CV (“CBD”), a food and beverage distributor based in Mexico. During the term of the agreement, CBD has the exclusive right to distribute in Mexico the Company’s energy and soft drinks with hemp seed extract. In return, CBD will utilize the Company as its exclusive supplier of its hemp-infused drinks.
New CBD Product Line
Leveraging our well-regarded brand, history, customer base, and channels, Rocky Mountain High Brands plans to release a series of hemp-derived CBD products that will carry our label and a CBD-focused name. Initial products include CBD-infused water, tinctures, and other popular products. As confirmed by major organizations such as the National Institute of Health and World Health Organization, CBDs have been demonstrated to be useful to treat a number of major diseases and serious conditions while simultaneously having been found to be safe for use by consumers. Total hemp-based sales in the U.S. are expected to grow from $1.0 billion in 2017 to over $1.8 billion by the end of 2020 – over $800 million in growth in just 3 years. We want Rocky Mountain High Brands to capture a significant part of this growth
New CBD Product Line
Leveraging our well-regarded brand, history, customer base, and channels, Rocky Mountain High Brands plans to release a series of hemp-derived CBD products that will carry our label and a CBD-focused name. Initial products include CBD-infused water, tinctures, and other popular products. As confirmed by major organizations such as the National Institute of Health and World Health Organization, CBDs have been demonstrated to be useful to treat a number of major diseases and serious conditions while simultaneously having been found to be safe for use by consumers. Total hemp-based sales in the U.S. are expected to grow from $1.0 billion in 2017 to over $1.8 billion by the end of 2020 – over $800 million in growth in just 3 years. We want Rocky Mountain High Brands to capture a significant part of this growth
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