Republic of Texas Brands to Become Major Cannabis Products Distributor
February 27 2014 - 11:05AM
Marketwired
Republic of Texas Brands to Become Major Cannabis Products
Distributor
DALLAS, TX--(Marketwired - Feb 27, 2014) - Republic of Texas
Brands, Inc. (PINKSHEETS: RTXBQ) has received numerous inquiries
from the investor base as to the plans of the company going
forward. We would like to thank our investor base and creditors for
being enthusiastic about the corporate changes and our strategy to
become a profitable company as we emerge from bankruptcy. Our new
corporate strategy is to market THC free cannabis based products
and gain a strong foothold in the untapped Texas Market and expand
into the Southern United States. Our intent to acquire Chill Texas
will solidify Republic of Texas as the sole distributor of the
product in the state of Texas. We are in active negotiations with
several other companies with similar THC free cannabis product
lines and will be adding them to our new
http://www.cannabis-holdings.com/ website as the deals are
finalized. We believe the State of Texas will enact Medical
Marijuana laws in the near future and this will leave Republic of
Texas as a major player with a firm foothold in the
marketplace.
We have been addressing many of the bankruptcy issues and we are
preparing to present our plans to the courts. We are most anxious
to protect our shareholder base and it is management's best
intentions to protect the creditors and shareholders and leave the
share structure completely intact. We hope to emerge from
bankruptcy sometime this spring.
About Republic of Texas Brands Incorporated:
Republic of Texas Brands Incorporated (RTXBQ) has a distinct
unique brand and logo that captures the emotion attached to Texas
and its independent attitude, recognized and loved around the
world. Our mission is to find the premier cannabis and hemp
industry innovators, leveraging our team of professionals to
source, evaluate and purchase value-added companies and products,
while allowing them to keep their integrity and entrepreneurial
spirit.
To see the new direction the company is going please visit the
company website at: http://www.republicoftexas.com.
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 in
order to reflect events or circumstances that may arise after the
date of this release.
Contact: Randy Safford, COO Email Contact
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