Branded Legacy Inc Stock Price, News & Analysis

Branded Legacy, a holding company in the hemp and cannabinoid sector, has launched Delta 8 Gummies under its Spikes CBDX brand, introducing Blue Raspberry and Strawberry flavors. This move aims to capture the growing demand for Delta 8 products, particularly in the edibles market. The company anticipates significant sales growth due to the popularity of Delta 8 and feedback from retailers. Vice President Matthew Nichols expresses confidence in immediate sales growth, stating that Spikes CBDX is headed in the right direction.

Branded Legacy (OTCQB: BLEG) announces partnerships with new wholesale accounts in Shelby, NC and Gainesville, FL, boosting sales of its Spikes CBDX line, which includes CBD-infused beverages, topicals, and tinctures. The new Delta-8 product has already seen initial sales through a purchase order with Bradley Sports, closely tied to company Chairman Brandon Spikes. These partnerships are part of a strategy to enhance revenue performance, particularly in regions where Spikes has a notable influence, with further growth expected as Spikes is inducted into the Hall of Fame this October.

Branded Legacy expands its Spikes CBDX product line by introducing highly demanded Delta 8 products. This strategic move aims to capture market share from retailers transitioning from weaker CBD tinctures to Delta 8 options. The company's Vice President, Matthew Nichols, notes increased retailer requests for Delta 8, suggesting potential revenue growth. As Delta-8 THC is distinct yet similar to Delta-9 THC, it offers unique consumer experiences. Branded Legacy positions itself to meet rising consumer demand in the evolving hemp product landscape.

Branded Legacy (OTCQB: BLEG) reports significant growth as distribution partner California High Beverages places its largest order of Elev8 Hemp CBD Infused Iced Teas, six times larger than previous orders. This expansion aims to reach at least 200 retail accounts across California, Texas, and Illinois by summer's end. CEO Mike Dub confirms successful market penetration into 50 accounts, with positive feedback and reorder activity. The partnership is expected to boost Elev8 Hemp's nationwide presence, showcasing the company's resilience and demand for its hemp-infused products amidst the pandemic.

Branded Legacy, Inc. (BLEG) announces the addition of 15 new grocery retail accounts for its Elev8 Hemp CBD infused Iced Teas in Central Florida. This includes 10 Bravo Supermarkets and 5 Fancy Fruit & Produce stores, marking a significant step in the company’s growth strategy. Vice President Matthew Nichols expressed optimism about sales growth across various channels, including online and in-store. The company anticipates a substantial increase in sales during the third and fourth quarters of 2021, citing a strong team and market momentum.

Branded Legacy, Inc. (OTCQB: BLEG), a company focused on hemp and cannabinoid-infused beverages, has submitted its Form S-1 Registration Statement to become an SEC reporting company. With the completion of its annual audit and first-quarter review, the company aims for enhanced transparency under the Securities Exchange Act of 1934. Vice President Matthew Nichols expressed optimism for strong growth in the latter half of 2021, emphasizing the need for full transparency to investors.

Branded Legacy, Inc. (BLEG) announces significant progress in expanding sales, particularly in the Central Florida territory. A new sales executive has successfully introduced Elev8 Hemp CBD-infused Iced Teas to over 50 stores, increasing product visibility by adding items to twenty new locations. The company also secured a new wholesale account in Minnesota. Sales have risen over the past month, and further expansion of the sales team is planned. The CEO noted that they have overcome challenges posed by COVID-19 and are optimistic about future growth.

Branded Legacy, Inc. (OTCQB: BLEG) has announced a partnership with marketing agency TLK Fusion, Inc. to enhance the growth and distribution of its Elev8 Hemp brand. This collaboration aims to streamline consumer awareness of Elev8 Hemp's organic wellness beverages, including CBD-infused iced teas and herbal options. TLK Fusion’s innovative marketing strategies are expected to complement Elev8's mission of providing high-quality hemp products. The partnership signifies a strategic move to boost market presence in the competitive hemp beverage sector.

Branded Legacy, Inc. (OTCQB: BLEG) has received USDA Organic Certification for its Elev8 Hemp Coffee, enhancing its market credibility and opening new retail opportunities. This certification was achieved after months of effort, allowing for better positioning in both brick-and-mortar and e-commerce environments.

The company aims to expand into retail chains, bolstered by increased consumer trust. Marketing efforts are underway to update certification on platforms like Amazon.