They are serious about eliminating convertible deb
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Posted On: 07/02/2018 10:39:35 AM
They are serious about eliminating convertible debt, beginning with the most expensive. This PR from March 27th highlights that ongoing effort as well as an excellent distribution deal with M&S Up North Distributing.
Rocky Mountain High Brands Announces First HEMPd Shipment and Further Debt Reduction-Press Release | 03/27/2018
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&S Owner 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.
Rocky Mountain High Brands Announces First HEMPd Shipment and Further Debt Reduction-Press Release | 03/27/2018
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&S Owner 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.
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(2)Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links
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