Branded Legacy, Inc. Signs Joint Venture To Add Additional $300,000 a Year In Revenue
November 23 2022 - 11:10AM
InvestorsHub NewsWire
Branded Legacy, Inc. Signs Joint Venture To Add
Additional $300,000 a Year In Revenue
Company to Aid in Production and
Purification Process of Kratom
Orlando, FL -- November 23, 2022 -- InvestorsHub NewsWire --
Branded Legacy, Inc. (OTCPK:
BLEG), a holding company focused on the commercial development
of cannabinoid-infused products from CBD topicals and tinctures to
edibles is pleased to announce it has signed a joint venture with
Apple Rush Co., Inc. (OTCPK: APRU) for the extraction, production,
and purification process of Kratom and its minor alkaloids.
Brandon Spikes, chairman of Branded Legacy, Inc., stated, "Our
recent acquisition of Total Refinement Solutions (TRS) was
basically to own the means of production for our CBD and Delta 8
products. Through our recent transactions with Apple Rush Co.,
Inc., the discussion of TRS helping with some Kratom products
began.
Spikes continued "We have been approached by several companies
about white labeling products for them. TRS now gives us that
ability and we will begin negotiating white label opportunities to
add an additional revenue stream and continue our rapid
growth."
Tony Torgerud, CEO of Apple Rush Co., Inc. stated, "When I
realized what they were capable of doing I approached them with the
idea of doing a JV together. One thing lead to another and here we
are. We are very pleased to be working with TRS on some significant
orders we have received for Kratom products."
In a previous news release, the company announced that it had
sold Elev8 Hemp, LLC to Apple Rush Co., Inc. (OTCPK: APRU) for One
Hundred Million (100,000,000) restricted common shares. Those
shares will be distributed to shareholders of Branded Legacy as of
the record date which has yet to be determined.
About Spikes CBDX: Spikes CBDX is a line
of CBD products designed to assist athletes perform better and
recover faster. The Company believes that post workout recovery,
with Spikes CBDX products, can lower inflammation, aid in making
your body stronger, and help recover from injuries naturally. The
CBD line also targets individuals who are looking for pain relief,
better sleep, faster recovery and lowering inflammation. Spikes
CBDX provides tinctures, lotions, moisturizer, and cryo-gel
roll-ons. To view all the Spikes CBDX products please
visit: spikescbdx.com.
About Versatile Industries: Versatile
Industries, LLC is an acquisition company used to incubate
companies to eventually spin off into their own public vehicles.
Currently owns patent for a sports training assembly called The
Quickness, a solar and water treatment company Magic 1 Promotions
h2oandsolarsolutions.com, LLC and Astound NMN. By
supplementing NMN it helps maintain NAD+ levels, ultimately
slowing the effects of aging. www.astoundnmn.com
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) 337-0642
info@brandedlegacy.com
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