Branded Legacy, Inc. Reports Revenue Increase in Second Quarter and Products in 40 New Locations
July 09 2020 - 8:50AM
InvestorsHub NewsWire
Branded Legacy, Inc. Reports Revenue Increase in
Second Quarter and Products in 40 New
Locations
Elev8 Hemp’s CBD Infused Iced Teas Drive
Sales
Longwood, FL -- July 9, 2020 -- InvestorsHub
NewsWire -- Branded Legacy, Inc. (OTCQB:
BLEG), a holding company focused on the commercial development
of hemp and cannabinoid-infused beverages along with an array of
CBD topicals and tinctures, reports increase in sales in the second
quarter. The Company has grown over 20% from the first to second
quarter with product placement of Elev8 Hemp’s CBD Infused Iced
Teas in over 40 new locations within the last
week.
CEO of Branded
Legacy, Ryan Medico, stated, “We have seen sales start to increase
as the country slowly starts to reopen. Both the beverage industry
and the coffee industry took a significant hit over the last four
months. We are incredibly pleased to see sales from our website,
wholesalers and distributors all
increasing.”
The Company has
received communication from several of its distributors on orders
to be placed in July. Distributors who just a few months ago
received samples of the Companies CBD beverages, are beginning to
see sales increase and are now open to discussing new products like
Elev8 Hemp’s CBD Infused Iced Teas. The Company has added a sales
representative in California who will begin direct distribution on
the West coast as early as next week in an effort to create a
presence on the west coast in order to obtain additional
distributors.
Medico concluded,
“In the coming weeks we expect to see a strong increase in sales.
We have worked hard during the past few months to get our products
in front of the right people. In addition, the Company plans to
hire additional sales representatives over the next few months to
help the Company expand revenues as we continue to grow multiple
distribution channels.”
About Branded Legacy: Branded Legacy, Inc. is a holding company that
specializes in hemp and CBD. Its primary focus is the commercial
development of hemp and cannabinoid-infused beverages along with an
array of CBD topicals and tinctures with a secondary focus on
acquiring manufacturing facilities/companies that can aid in the
development of its product lines. Branded Legacy is made up of two
subsidiaries, Elev8 Hemp, LLC and Zoe CBD, LLC.
About Elev8 Hemp: Elev8 Hemp’s mission is simple: craft the
highest-quality, organic hemp products for consumers in search of a
healthier, happier lifestyle. Everyone needs to get the proper
amount of healthy proteins to keep them feeling better and more
energetic. We source only the best organic hemp protein
powders—naturally full of powerhouse amino acids and Omegas-3, 6,
and 9—so we can infuse your daily coffee and tea with an abundance
of minerals, vitamins, antioxidants and fiber.
About Zoe CBD:
Zoe CBD focuses on the development and
marketing of the highest quality CBD products. Currently, we offer
CBD Tinctures, CBD Lotion, and a CBD Salve. Our hope is that any
product you choose will help you lead a healthier, happier
life.
Safe Harbor
Statement:
The information posted in this release may contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. You can identify these statements by the use of
the words "may," "will," "should," "plans," "expects,"
"anticipates," "continue," "estimate," "project," "intend," and
similar expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. These risks and uncertainties
include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional
conflicts, competition, changes in technology and methods of
marketing, delays in completing various engineering and
manufacturing programs, changes in customer order patterns, changes
in product mix, continued success in technological advances and
delivering technological innovations, shortages in components,
production delays due to performance quality issues with outsourced
components, and various other factors beyond the Company's
control.
www.brandedlegacy.com
(407) 377-6693
info@brandedlegacy.com
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