Branded Legacy, Inc. Signs Letter Of Intent to Purchase Total Refinement Solutions, LLC
November 04 2022 - 9:17AM
InvestorsHub NewsWire
Branded Legacy, Inc. Signs Letter Of
Intent to Purchase Total Refinement Solutions,
LLC
Company Seeks to Own Means to Production
Charlotte, NC -- November 4, 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 Letter of Intent
(LOI) to purchase Total Refinement Solutions, LLC.
Total Refinement Solutions LLC is a newly formed limited
liability company based on years of experience in the cannabis
industry, training growers how to compete in the highly demanding
industry. Management team has over ten years’ experience designing,
constructing, and managing in house lab operations for actors
within the industry that lacked those capabilities. They have
designed multiple lab space options to fit various throughputs of
raw hemp, crude hemp oil, raw kratom leaf, and crude mitragynine
extract. Total Refinement Solutions has developed no less
than four potential standard operating procedures for extraction,
refinement and synthesis of any given target alkaloid. It has
secured inputs of raw plant material, crude extracts for refinement
and a demand for the output. The Company currently has
operational labware as assets.
Brandon Spikes, chairman of Branded Legacy, Inc., stated, “This
letter of intent puts us one step closer to full vertical
integration. In today’s market, we must own all means to production
in order to bring the highest quality product, at the most
competitive price, in a timely yet efficient manner. We are very
excited to move forward with Total Refinement Solutions and their
management team.”
In a previous news release, the company announced that it had sold
Elev8 Hemp, LLC to another publicly traded company for One Hundred
Million (100,000,000) restricted common shares. Those share 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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