Right on Brands, Inc. Reports Record 2nd Quarter
November 16 2021 - 8:30AM
InvestorsHub NewsWire
Dallas, Texas -- November 16, 2021 -- InvestorsHub NewsWire
-- Right on Brands, Inc. (OTC
PINK: RTON), a fully reporting SEC filer and developer of a
broad line of hemp-based smokables, beverages, tinctures, and
topical products including products infused with CBD, Delta-8,
Delta-10, THCV, CBDV, THC and Delta-9 (below the federal limit),
announced today the company has filed it's 10-Q Quarterly Report
for the quarter ending September 30, 2021 showing record gross
sales for the quarter of over $237,000. In addition, the company is
reporting that in October 2021, the company and its licensed store
in Austin, Texas both had record monthly sales. Finally, the
company expects that the Company’s sales for the quarter ending
December 31, 2021 to also be a new record.
The company also issued the following corporate update: the company
is still looking for another company owned location in the greater
Dallas/Fort Worth area and speaking with persons about licensed
store locations in other areas. In addition, the company is also
announcing today that its subsidiary, ENDO Brands is launching
federally legal, by dry weight, Delta 9 gummies and cookies as well
as HHC edibles and smokeable flower and vapes. The new products are
the cutting edge in cannabinoid products and are designed to
replace Delta 8, should the ban be upheld in Texas.
Jerry Grisaffi, CEO of Right on Brands, commented that the new
store opening has increased corporate cash flow and that as of
September 30, 2021 the company has reduced its overall liabilities
approximately by $500,000 compared to the previous quarter. "The
ENDO brands stores sales are steadily increasing, and the company
is on its way from a developmental corporation to a profitable
entity. We are very excited about the growth of the ENDO Brands
chain and profitability on quarter-to-quarter basis."
Finally, the company is aware of the news of draft legislation by
Rep. Nancy Mace concerning the legalization of cannabis and is
following its development very excitedly.
About ENDO Brands:
ENDO Brands™, Humbly Hemp®, and ENDO Dispensary &
Wellness™ All share the same goal of providing our
customers with the best products in the health and wellness space.
As the field of health and wellness products expand, Right on
Brands will be there with industry leading Food and Beverage and
wellness Products.
About Right on Brands
Right On Brands, Inc., (OTC
Pink: RTON) is a Dallas based, consumer goods company
specializing in the brand development and distribution of
hemp-based foods, beverages, smokables, oils and topical
products.
The 10-Q for the quarter ending September 30, 2021 can be found
here:
https://www.sec.gov/Archives/edgar/data/0001580262/000147793221008315/rton_10q.htm
To learn more please visit: https://www.EndoBrands.com
E-email Inquiries: info@endobrands.com
Corporate Sales: Mike Brown (214) 736-7252
ENDO Brands Corporate Store:
6501 Dalrock Road
Suite 100
Rowlett, Texas 75089
214-299-9528
Austin Licensed Location:
12412 Limerick Avenue (at the corner of Limerick and Parmer
Lane_
Austin, Texas 75087
www.EdoOfAustin.com
512-621-0649
Forward Looking Statements:
This press release contains information that constitutes
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act
of 1995. All such forward-looking statements involve risk and
uncertainties that could cause actual results to differ
materially from any future results described by the forward-looking
statements. Risk factors that could contribute to such differences
include those matters more fully disclosed in the Company's
reports filed with the SEC. The forward-looking information
provided herein represents the Company's estimates as of the date
of this press release, and subsequent events and developments may
cause the Company's estimates to change. The Company
specifically disclaims any obligation to update
the forward-looking information in the future. Therefore, this
forward-looking information should not be relied upon as
representing the Company's estimates of its future
financial performance as of any date subsequent to the date of
this press release.
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