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  4. Rocky Mountain High Brands, Inc. (RMHB) Message Board

It was shared with me that work on the financials

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Post# of 75350
(Total Views: 868)
Posted On: 10/19/2022 10:33:18 AM
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Posted By: adirondackhi
It was shared with me that work on the financials is progressing nicely, and that sales of CBD Life's CBD-infused drinks (Rocket High, California Black Tea, and California Lemonade) are growing rapidly now, exceeding all expectations. This is exactly why RMHB formed their wholly owned subsidiary NexBev, which will also work on building up the HEMPd brand. I was told that the website wasn't updated because those running the business have had all they could handle keeping up with orders, hence the need for the subsidiary. Also, as I've said before, the focus for some time now has been retail sales and not online sales. This was determined to be the smarter path forward as we get closer to the elimination of most of the restrictions that currently get in the way of nation-wide distribution of CBD-infused foods and beverages. Smart it is, but in no way is it easy for a small company that's trying to keep cash burn (and therefore dilution) under control. I believe the company is in good hands and heading in the right direction. Here is a link to the press release to review or for those who haven't seen it: NexBev Press Release


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