The company is in production on one of its private label clients and will complete and ship the finished products before September 30, 2019.
DALLAS, Sept. 11, 2019 (GLOBE NEWSWIRE) — Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a healthy lifestyle Company specializing in high-quality health and wellness products, announced today an update on its two private label production runs scheduled for the third quarter.
Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, “Due to the volume limitations of our initial choice of a copacker, several months ago we transitioned to a different copacker with proven production capabilities sufficient to meet our volume requirements. This includes all production requirements to fulfill our private label orders, including CBD Life, as well as our HEMPd, Rocky Mountain High and Rocky Mountain beverages. We are currently in production on one of our private label clients and will complete and ship the finished products before September 30, 2019.”
Mr. Welch continued, “We had a status update meeting with Alejandro Montaño, International Business Director of CBD Life, and Janko Ruiz de Chavez, Founder and COO of CBD Life on Tuesday, September 10, 2019 regarding their upcoming 2 million can production run. Messrs. Montano and Ruiz de Chavez indicated that the market tests of Rocket High, California Lemonade and California Black Tea in Mexico went extremely well. As a result, they have requested more time to determine and submit to the Company the ideal product mix for their first purchase order which the Company received in December 2018.”
Mr. Welch concluded, “After clearing the past several months of regulatory challenges with COFEPRIS (a regulatory agency) in Mexico for importing and distributing CBD-infused beverages, the Company scheduled CBD Life’s production run to commence on September 9, 2019. Messrs. Montano and Ruiz de Chavez committed to submit to the Company the product and flavor mix underlying their purchase order by September 30, 2019. This will push our CBD Life production run into October, which means that the revenue associated with it will be delayed until the fourth quarter of 2019.”
About Rocky Mountain High Brands
ROCKY MOUNTAIN HIGH BRANDS, INC., (OTCQB: RMHB) is a publicly traded, fully reporting, lifestyle Company that markets “good for you” products to health-conscious consumers. We are committed to empowering, motivating, and inspiring healthy lifestyle habits that create a positive impact on everyday people. We reach those people with our brand messages and change people’s lives with our products.Our mission is to assist others in their journey to live productive, fulfilling and healthy lives. The Company currently markets its HEMPd product line, which currently consists of CBD-infused topicals and nutraceuticals, and a line of CBD-infused functional beverages. RMHB also bottles and distributes a naturally high alkaline spring water under the name Eagle Spirit Spring Water. The Company continues to be innovative through R&D and new product introductions.Our vision is to create and sell “good for you” products that touch people in fun, unique and relevant ways.
For interested investors, our stock symbol is RMHB.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.
E & E Communications