Rocky Mountain High Brands Announces It Will Be Ex
Post# of 75010
DALLAS, Feb. 26, 2019 (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 the Company has entered into a Beverage Manufacture and Supply Agreement with Texas Wellness Center, LLC, a marketer and distributor of hemp and CBD products under the "Green Lotus" brand.
Under the Agreement, the Company will be the exclusive supplier to Texas Wellness for hemp-infused beverages for the Green Lotus brand. The Company will produce a Green Lotus Premium Sparkling Hemp Water in Watermelon and Grapefruit flavors, each containing 25 mg. of naturally occurring cannabinoids. Texas Wellness will supply the hemp-derived ingredients for the beverages, and Rocky Mountain High Brands will provide all other materials necessary for the production, processing, batching, labeling, and packaging of the beverages. The Agreement runs for an initial term of three years, with subsequent automatic annual renewals. The Agreement may be terminated upon 180 days written notice.
Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, "We are very excited to enter into this agreement to produce beverages for the Green Lotus brand. Carlos Frias, Co-Founder and CEO of Green Lotus, has been a friend of our Company for a long time. Mr. Frias introduced the principals of CBD Life to Rocky Mountain High Brands and recommended that we produce their CBD-infused beverages. This introduction led to our exclusive agreement with CBD Life. By entering into the agreement with Green Lotus, we have solidified the relationships between Rocky Mountain High Brands, Green Lotus, and CBD Life."
Mr. Welch concluded, "With the impressive sales team that Mr. Frias has assembled at Green Lotus, we are confident that co-packing his line of beverages will be a win-win for his company and ours."
Carlos Frias, Co-Founder and CEO of Green Lotus, stated, "By engaging Rocky Mountain High Brands to produce our beverages, we are able to expand our product portfolio by partnering with a team that we trust. I am looking forward to growing Green Lotus to new levels and the addition of these beverages will definitely help us achieve our goals."
The Company filed a Form 8-K on February 26, 2019. To view the filing, click on the link below:
https://www.sec.gov/Archives/edgar/data/16708...inbody.htm
Rocky Mountain High Brands also announced it has retained E&E Communications, Texas, (www.eandecommunications.com) to assist with its investor relations efforts. Since 1997, E&E Communications has assisted hundreds of companies in numerous sectors all over the world.
Paul Knopick, Principal, E&E Communications, stated, "We are very bullish on Rocky Mountain High Brands' future and we look forward to working with their excellent management team."
About Green Lotus:
Green Lotus is a rapidly-growing Colorado-based premium hemp oil products brand. Founded by brothers Carlos and Alex Frias, Green Lotus manufactures and distributes premium cannabinoid products made from organic industrial hemp. Green Lotus has grown by an astounding 500% year-over-year since 2016, catapulted in part by the Company's proprietary formulas and its agile, vertically-integrated supply chain.
Green Lotus is veteran-owned and powered by a young, diverse team of advocates dedicated to promoting a world where the healing power of hemp oil is accessible to all people. For more information, visit: www.GreenLotusHemp.com. #LetsGrowTogether
About Rocky Mountain High Brands: