Branded Legacy Inc Stock Price, News & Analysis

Branded Legacy, Inc. (OTCQB: BLEG) announced the signing of a Letter of Intent to acquire Total Refinement Solutions, LLC, marking a significant step towards vertical integration in the cannabinoid product market. Total Refinement Solutions aims to enhance production capabilities with a focus on extraction and refinement processes. This acquisition aligns with Branded Legacy's strategy to control production means for better quality and pricing. Recently, the company sold Elev8 Hemp, LLC, resulting in a substantial influx of restricted common shares for its shareholders, details of which are pending.

Branded Legacy, Inc. (OTCQB: BLEG) has successfully sold Elev8 Hemp, LLC to Apple Rush Co., Inc. (OTC Pink: APRU) for 100 million restricted shares. This strategic divestment allows Branded Legacy to focus on its core business in cannabinoid-infused products. Shareholders will benefit as their equity stake will include shares from this transaction, the details of which are pending based on a record date yet to be established. The chairman expressed optimism about enhancing shareholder value by concentrating on key assets.

Branded Legacy, Inc. (BLEG) held its inaugural open house at the newly acquired Alpha Growers facility in Newberry, FL, on October 21, 2022. The event showcased the company's operations from seed to product, highlighting its vertical integration in the cannabis industry. The company reported over $75,000 in revenues for September, attributed largely to recent acquisitions. Alpha Growers will contribute to expanding product lines with plans for pre-rolls in CBD and Delta-8. The fourth-quarter disclosure will include revenues from this acquisition, further solidifying the company's growth trajectory.

Branded Legacy, Inc. (OTCQB: BLEG) has signed a letter of intent to sell Elev8 Hemp, LLC to Apple Rush Co., Inc. (OTC Pink: APRU), resulting in a dividend for current shareholders. The transaction is subject to due diligence within 30 business days. Elev8 Hemp specializes in hemp and CBD-infused coffees and teas, founded in 2016. The CEO of Apple Rush anticipates expanding the brand's offerings. The company is also hosting an open house on October 21, 2022, at its newly acquired hemp farm.

Branded Legacy, Inc. (BLEG) announced its highest monthly revenue to date, exceeding $75,000 in September 2022. The company's growth is attributed to recent acquisitions including Alpha Growers and Magic 1 Promotions, which are expected to enhance revenue streams and facilitate vertical integration in the cannabis industry. The company also received shareholder consent to reduce its authorized shares to 600 million, aiming to improve shareholder value. Further financial details will be revealed in their upcoming quarterly report.

Branded Legacy, Inc. (BLEG) announces the acquisition of Alpha Growers, LLC, a hemp farm based in Newberry, FL, which boasts $320,000 in assets. This acquisition aims to establish vertical integration across the hemp and CBD product supply chain. Chairman Brandon Spikes highlighted expectations for significant revenue increases in Q4 2022 and throughout 2023. The company has also reduced its authorized shares to 600 million, aiming to enhance shareholder value and position for potential uplisting.

Branded Legacy, Inc. (OTCQB: BLEG) has partnered with Living Kitchen in Charlotte, NC, to incorporate its CBD products into the restaurant's organic offerings. Living Kitchen, known for its 100% organic, plant-based cuisine, emphasizes local sourcing. The company's chairman, Brandon Spikes, expressed enthusiasm for this collaboration, highlighting its community focus. Additionally, Branded Legacy has secured majority shareholder consent to reduce its authorized shares to 600 million, a move aimed at streamlining operations and potential shareholder value.

Branded Legacy, Inc. (OTCQB: BLEG) has received approval to reduce its authorized shares by 300 million, decreasing the total to 600 million. This decision was supported by majority shareholder consent and board approval. In 2022, the company has lowered its liabilities by $436,119 and reduced its issued and outstanding shares by 202 million in August. The company aims to improve its share structure and enhance shareholder value. Chairman Brandon Spikes expressed satisfaction with the company’s progress and commitment to shareholder success.

Branded Legacy Launches New Delta-8 Tincture

Orlando, FL, Sept. 22, 2022 - Branded Legacy, Inc. (OTCQB: BLEG) has partnered with Apple Rush Company, Inc. (OTC Pink: APRU) to introduce Delta-8 tinctures under the Spikes CBDX brand. This collaboration aims to leverage Apple Rush's expertise in water-soluble technology and extensive product development experience. Both companies expressed optimism about their partnership, highlighting the potential for future collaborations and product offerings in the rapidly growing cannabinoid market.