Excellent update! very needed. Nice to have bet
Post# of 75011
Nice to have better clarity on the Mexican pvt label deal. So now we know the hold up where we are simply waiting on approval by COFEPRIS (the Mexican equivalent to the U.S. FDA) .
Our patience is literally going to pay $$ off!
"CBD ALIMENTOS has submitted twenty-eight products for permits to be approved by COFEPRIS (the Mexican equivalent to the U.S. FDA) prior to importation into Mexico. Of the twenty-eight products, six are allocated to Rocky Mountain High, which consist of the Rocket High and California line of beverages. Once all permits are granted, CBD ALIMENTOS will issue the first purchase order to Rocky Mountain High Brands for eight million cans of beverages, which is 50% of the 2018 contracted quantity. The Company’s projected revenue under this contract is $7.2 million for 2018."
GO $$RMHB$$