Rocky Mountain High Brands Announces Change to Dis
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Posted On: 12/10/2018 9:02:21 AM
Rocky Mountain High Brands Announces Change to Distribution Strategy
DALLAS, Dec. 10, 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 on December 7, 2018 it sent a notice to terminate Rocky Mountain High Brands' Distributorship Agreement with CJC Live Media, entered into on October 31, 2018.
Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, "In light of recent developments, including the fact that the Distributorship Agreement was exclusive with regards to multi-level marketing, the Company decided that it was in its best interest to provide CJC Live Media with notice of termination. With the Farm Bill of 2018 nearing passage, together with RMHB's position as the sole provider of CBD-infused beverages to Mexico through its agreement with its Mexico-based client, CBD Life (which was recently granted the only licenses to import CBD-infused beverages into Mexico), and other opportunities that have materialized for the Company recently, we did not want to limit or otherwise restrict any possible avenues for the Company's sales and distribution efforts."
Mr. Welch continued, "The Company is also taking steps to improve and expand its Wholesale Program, available to small businesses and entrepreneurs who are interested in reselling the Company's HEMPd product line at the retail level. Applications to become a Wholesaler are located at hempd.com/become-a-wholesaler. In 2019, the Company will implement a HEMPd Certification Program, which will be required for all Wholesalers. Training classes for Certification will be announced during the first quarter of 2019."
DALLAS, Dec. 10, 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 on December 7, 2018 it sent a notice to terminate Rocky Mountain High Brands' Distributorship Agreement with CJC Live Media, entered into on October 31, 2018.
Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, "In light of recent developments, including the fact that the Distributorship Agreement was exclusive with regards to multi-level marketing, the Company decided that it was in its best interest to provide CJC Live Media with notice of termination. With the Farm Bill of 2018 nearing passage, together with RMHB's position as the sole provider of CBD-infused beverages to Mexico through its agreement with its Mexico-based client, CBD Life (which was recently granted the only licenses to import CBD-infused beverages into Mexico), and other opportunities that have materialized for the Company recently, we did not want to limit or otherwise restrict any possible avenues for the Company's sales and distribution efforts."
Mr. Welch continued, "The Company is also taking steps to improve and expand its Wholesale Program, available to small businesses and entrepreneurs who are interested in reselling the Company's HEMPd product line at the retail level. Applications to become a Wholesaler are located at hempd.com/become-a-wholesaler. In 2019, the Company will implement a HEMPd Certification Program, which will be required for all Wholesalers. Training classes for Certification will be announced during the first quarter of 2019."
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