Branded Legacy, Inc. to Distribute Stock
Dividend
Company
Sells Elev8 Hemp to Apple Rush Co., Inc.
Orlando, FL -- October 26, 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 sold Elev8 Hemp, LLC to Apple
Rush Co., Inc. (OTCPK:
APRU). The purchase price was One Hundred Million (100,000,000)
restricted common shares of Apple Rush Co., Inc. (OTCPK: APRU).
To determine its record date, Branded Legacy, Inc. will consult
with both its attorney and transfer agent. Once determined, the
number of shares each shareholder owns in Branded Legacy, Inc., on
the upcoming record date, will determine how many shares they will
each receive from the transaction.
Brandon Spikes, chairman of Branded Legacy, Inc., stated, “We
are really excited about the sale of Elev8 and believe that this
might be an excellent chance for our shareholders to become
invested in two outstanding companies. By strategically spinning
off assets that are not our primary focus, we are able to grow the
business successfully for the benefit of our shareholders.”
Tony Torgerud, CEO of Apple Rush Co., Inc. stated, “I remember
this brand from about five or six years ago and thought it was a
very unique brand with much potential. They were in multiple
supermarkets with Apple Rush. I'm eager to include it in our
portfolio. In my opinion, I believe we can significantly grow this
coffee line and have it further penetrating the market in a short
period of time. It has historically done over 30k a month on
Amazon and with consumers spending more now than ever online, we
feel this number will be exceeded in the near future. We also
see Elev8 having more CBD coffees, Delta 8, HHC, or other active
ingredients and even expanding into kratom coffee.”
In a previous news release, the company announced that it would
host an open house on Friday, October 21, 2022, from 10:00 am to
12:00 pm. There were many people at the open house. It was a
wonderful chance for the company to highlight Alpha Growers, its
most recent acquisition.
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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