Right On Brands (RTON) Provides Corporate Update and Outlook for the Remainder of 2019
DALLAS, Sept. 06, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE - Right On Brands, Inc.™ (OTC: RTON), an SEC, fully-reporting company and developer of a broad line of hemp and CBD-based foods, beverages, tinctures and topical products is providing a corporate update and outlook for the remainder of 2019. Here is a summary on a number of Company initiatives.
New CBD Infused Products To Be Introduced:
The Company has expanded its CBD-based product line to include:
Three fragrances of Hand and Body Lotion: Mint, Vanilla and Coco Mango – in four sizes with up to 840mg of Broad Spectrum CBD
Four fragrances of Salt Scrub: Pomegranate, Lemongrass Sage, Mint and Coco Mango – all with 80mg Broad Spectrum CBD
Massage Lotion and Oil – both Lavender scented with 80mg CBD
SPF50 Bug Repellent and SunScreen (10mg CBD) as well as an After Sun Care Lotion (140mg CBD) – both scented Coco Mango
500mg and 750mg Pain Relief Balm – both Peppermint fragrance
25mg CBD Bar Shot – for sale into food service
1,000mg and 2,500mg Broad Spectrum CBD Oil
Dark and Milk Chocolate Squares with 10mg CBD
New Hemp-based Products Include:
Three flavors of Sparkling Black Tea: Peach Mango, Raspberry Hibiscus with Ashwagandha and Watermelon
Five Energy Bars with Hemp Seeds: Brownie Walnut, Salted Chocolate Almond, Peanut Butter Chocolate Chip, Peanut Butter & Honey and Chocolate Chip Cookie Dough
These new hemp seed-based products were developed for a major Midwestern food distributor which covers parts of 14 states and serves over 13,000 retail locations. However, the Company’s initial conversations with several other distributors indicate there will be widespread interest in the hemp seed-based product line.
Distribution Network:
Expanding our wholesale distribution network has been a major focus since early in the year. The Company has secured 13 major beer, food and beverage distributors located throughout the Midwest, Northeast, Southeast, South Central and Southwest states and a wine/distilled spirits beverage distributor in the Seattle, WA area.
The plan is to continue opening up new distributor relationships across the U.S.; train and support local teams and facilitate initial sales to their customers; support both the distributor and the retailer with in-store promotional materials such as flyers and display stands, as well as with online media promotions.
Expanding Retail Presence:
The Company is working with North Texas-based “Up in Smoke” to convert three of its cigar lounge locations to CBD retail sales and wellness-focused centers. The first location to open will be in Lewisville, TX, followed by Frisco and one in Dallas facilities. The retail sales of ENDo brand CBD and Hemp-based products will be the primary focus – however, each location will be totally unique from other cannabis retailers since they intend to maintain their liquor license and continue full-service bar offerings. The stores will be independently owned but will license the Company’s intellectual property and will purchase product from the Company.
The Company’s 5,000 square foot warehouse/corporate office located in Carrollton, TX now includes a retail store that has already seen local foot traffic since a soft opening on Thursday, August 29th. Following a local marketing and social media blitz, the Company expects customer traffic to pick up.
Future Product Offerings and Partnerships Planned:
Three new Hemp and three CBD-infused energy drinks have been formulated, taste-tested and are headed to the market this Fall. The Company believes this expansion of its drink product line will be a boon to the distributor acquisition strategy, resulting in increased sales during the third and fourth quarters of the fiscal year which ends on March 31.
Talks are continuing with potential European-based distribution partners and with an Asian-focused manufacturer/distributor who intends to enter into a long-term trademark licensing and royalty agreement for China and other countries in Southeast Asia. No agreements have been signed, but the conversations are very promising.
About Right On Brands, Inc. (RTON)
Right On Brands, Inc.™, is a Carrollton, TX, Dallas area-based, consumer goods company specializing in the brand development of Hemp and CBD-based foods, beverages, oils and topical products for health-conscious individuals. Right On Brands consists of four operating segments: ENDO Brands™, Humbly Hemp™, ENDO Labs™ and ENDO Wellness Centers™.
Visit our corporate website at: https://RightOnBrands.com
https://www.globenewswire.com/news-release/20...-2019.html
DALLAS, Sept. 06, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE - Right On Brands, Inc.™ (OTC: RTON), an SEC, fully-reporting company and developer of a broad line of hemp and CBD-based foods, beverages, tinctures and topical products is providing a corporate update and outlook for the remainder of 2019. Here is a summary on a number of Company initiatives.
New CBD Infused Products To Be Introduced:
The Company has expanded its CBD-based product line to include:
Three fragrances of Hand and Body Lotion: Mint, Vanilla and Coco Mango – in four sizes with up to 840mg of Broad Spectrum CBD
Four fragrances of Salt Scrub: Pomegranate, Lemongrass Sage, Mint and Coco Mango – all with 80mg Broad Spectrum CBD
Massage Lotion and Oil – both Lavender scented with 80mg CBD
SPF50 Bug Repellent and SunScreen (10mg CBD) as well as an After Sun Care Lotion (140mg CBD) – both scented Coco Mango
500mg and 750mg Pain Relief Balm – both Peppermint fragrance
25mg CBD Bar Shot – for sale into food service
1,000mg and 2,500mg Broad Spectrum CBD Oil
Dark and Milk Chocolate Squares with 10mg CBD
New Hemp-based Products Include:
Three flavors of Sparkling Black Tea: Peach Mango, Raspberry Hibiscus with Ashwagandha and Watermelon
Five Energy Bars with Hemp Seeds: Brownie Walnut, Salted Chocolate Almond, Peanut Butter Chocolate Chip, Peanut Butter & Honey and Chocolate Chip Cookie Dough
These new hemp seed-based products were developed for a major Midwestern food distributor which covers parts of 14 states and serves over 13,000 retail locations. However, the Company’s initial conversations with several other distributors indicate there will be widespread interest in the hemp seed-based product line.
Distribution Network:
Expanding our wholesale distribution network has been a major focus since early in the year. The Company has secured 13 major beer, food and beverage distributors located throughout the Midwest, Northeast, Southeast, South Central and Southwest states and a wine/distilled spirits beverage distributor in the Seattle, WA area.
The plan is to continue opening up new distributor relationships across the U.S.; train and support local teams and facilitate initial sales to their customers; support both the distributor and the retailer with in-store promotional materials such as flyers and display stands, as well as with online media promotions.
Expanding Retail Presence:
The Company is working with North Texas-based “Up in Smoke” to convert three of its cigar lounge locations to CBD retail sales and wellness-focused centers. The first location to open will be in Lewisville, TX, followed by Frisco and one in Dallas facilities. The retail sales of ENDo brand CBD and Hemp-based products will be the primary focus – however, each location will be totally unique from other cannabis retailers since they intend to maintain their liquor license and continue full-service bar offerings. The stores will be independently owned but will license the Company’s intellectual property and will purchase product from the Company.
The Company’s 5,000 square foot warehouse/corporate office located in Carrollton, TX now includes a retail store that has already seen local foot traffic since a soft opening on Thursday, August 29th. Following a local marketing and social media blitz, the Company expects customer traffic to pick up.
Future Product Offerings and Partnerships Planned:
Three new Hemp and three CBD-infused energy drinks have been formulated, taste-tested and are headed to the market this Fall. The Company believes this expansion of its drink product line will be a boon to the distributor acquisition strategy, resulting in increased sales during the third and fourth quarters of the fiscal year which ends on March 31.
Talks are continuing with potential European-based distribution partners and with an Asian-focused manufacturer/distributor who intends to enter into a long-term trademark licensing and royalty agreement for China and other countries in Southeast Asia. No agreements have been signed, but the conversations are very promising.
About Right On Brands, Inc. (RTON)
Right On Brands, Inc.™, is a Carrollton, TX, Dallas area-based, consumer goods company specializing in the brand development of Hemp and CBD-based foods, beverages, oils and topical products for health-conscious individuals. Right On Brands consists of four operating segments: ENDO Brands™, Humbly Hemp™, ENDO Labs™ and ENDO Wellness Centers™.
Visit our corporate website at: https://RightOnBrands.com
https://www.globenewswire.com/news-release/20...-2019.html
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