Branded Legacy Inc. Invests Heavily in Innovation and Growth with $540,000 Expansion
September 26 2023 - 10:37AM
InvestorsHub NewsWire
Melbourne,
FL -- September
26,
2023
-- InvestorsHub NewsWire --
Branded
Legacy,
Inc
(OTC.PK:
BLEG),
a
prominent player
in
the
biotech
industry,
proudly
announces
a
substantial
investment
aimed
at
expanding its production capabilities and elevating its product
offerings. This strategic initiative underscores Branded
Legacy's
unwavering
commitment
to
innovation,
quality,
and
customer
satisfaction. The
expansion
project
is
set
to
infuse
over
$500,000
worth
of
inventory
into
the
company, reinforcing its position as a leader in the
market.
The investment encompasses several key areas:
-
Raw
Materials
and
Precursors:
Branded
Legacy
Inc.
has
allocated
$25,000
towards
the
procurement of top-quality raw materials
and precursors. This financial commitment ensures that the company
maintains the highest standards in its product
formulations.
-
Hardware
Purchases:
In
a
dedicated
effort
to
remain
at
the
forefront
of
technological
advancements, Branded
Legacy
has
invested
$10,000
in
state-of-the-art
hardware.
This
strategic move not only enhances
production
efficiency
but
also
exemplifies
the
company's
dedication to staying ahead in the industry.
-
Inventory
Expansion –
Preloaded
Carts
with
Batteries:
Branded
Legacy
Inc.
has
acquired
the
hardware
and
raw materials
necessary
to
manufacture
2,500
preloaded
carts
with
batteries,
boasting
a
total estimated
value
of
$105,000.
These
preloaded
carts
are
designed
to
provide
customers
with
a convenient and high-quality vaping experience.
510
Cartridges:
The
company
has
also
made
a
significant
investment
in
the
production
of 2,500
510
cartridges,
with
a
total
value
of
$75,000.
These
cartridges
are
renowned
for
their exceptional performance and compatibility with various vaping
devices.
Tinctures:
Branded
Legacy
is
expanding
its
tincture
production
capacity
by
procuring
the resources
to
manufacture
10,000
15-30
ml
tinctures,
with
an
estimated
value
of
$400,000. These
tinctures
offer
a
versatile
and
potent
solution
for
those
seeking
the
benefits
of cannabinoids in their daily lives.
Formulated Products:
In addition to the ready-to-sell inventory, Branded Legacy Inc. has
earmarked $100,000 in raw materials to fulfill various product
orders as needed. These products are poised to set new standards in
the industry, catering to the evolving needs of
consumers.
This
significant
investment
not
only
bolsters
Branded
Legacy's
market
position
but
also underscores
its
unwavering
commitment
to
providing
premium-quality
products
to
its
valued customers.
With
a
steadfast
focus
on
innovation
and
excellence,
Branded
Legacy
Inc.
remains a trusted and pioneering name in the cannabis and wellness
industry.
For
more
information
about
Branded
Legacy
Inc.
and
its
wide
range
of
products,
please
visit www.brandedlegacy.com.
About Branded Legacy Inc.:
Branded Legacy Inc. is a forward-thinking biotechnology company
dedicated to driving innovation in plant-derived medicines and
biotechnological breakthroughs. The company's strategic
partnerships and milestone achievements highlight its commitment to
transforming patient care and contributing to the advancement of
healthcare solutions.
Media Contact
Joe Holladay
Branded Legacy
Phone: 321-345-3565
Email:
info@brandedlegacy.com
Website: https://brandedlegacy.com/
Safe Harbor Statement on Forward-Looking Language:
This release includes forward-looking statements, which are based
on certain assumptions and reflect management's current
expectations. These forward-looking statements are subject to a
number of risks and uncertainties that could cause actual results
or events to differ materially from current expectations. Some of
these factors include general global economic conditions; general
industry and market conditions and growth rates; uncertainty as to
whether our strategies and business plans will yield the expected
benefits; increasing competition; availability and cost of capital;
the ability to identify and develop and achieve commercial success;
the level of expenditures necessary to maintain and improve the
quality of services; changes in the economy; changes in laws and
regulations, includes codes and standards, intellectual property
rights, and tax matters; or other matters not anticipated; our
ability to secure and maintain strategic relationships and
distribution agreements. Dilution, if any, would be for the
purposes of management taking stock in lieu of cash
salary. The company disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events, or otherwise. Additionally, this
press release that is not statements of historical fact may be
considered to be forward-looking statements. Written words such as
"may," "will," "expect," "believe," "anticipate," "estimate,"
"intends," "goal," "objective," "seek," "attempt," or variations of
these or similar words, identify forward-looking statements. By
their nature, forward-looking statements and forecasts involve
risks and uncertainties because they relate to events and depend on
circumstances that will occur in the near future.
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