Branded Legacy Inc Stock Price, News & Analysis

Branded Legacy, Inc. (OTCQB: BLEG) has signed a letter of intent to acquire Kamino Propagation & Research, LLC, enhancing its capabilities in the hemp and cannabinoid-infused beverage market. This acquisition, involving military veterans Maxwell Minch and Joel Reynolds, aims to streamline the supply chain from 'seed to shelf,' reducing costs and fostering innovation in product development. Branded Legacy’s Vice President, Matthew Nichols, emphasized that this move positions the company for growth and increased production opportunities in 2022.

Branded Legacy (OTCQB: BLEG) has sold out its first batch of THC-O/Delta 8 gummies within a week of their launch, following the introduction of two new flavors: watermelon and pineapple. The sales team reported strong demand with larger, repeat orders. Additionally, Spikes CBDX has also experienced sales success with their Delta 8 gummies and CBD products. The company has begun production on a new run of gummies due to popular demand. Vice President Matthew Nichols highlighted that a new relationship with All in Extracts has significantly enhanced profit margins and innovation capabilities.

Branded Legacy (OTCQB: BLEG) reports a robust 118% revenue growth in January and February 2022 compared to the previous year. The company is expanding its product lines with new Delta-8/THC-O gummies in watermelon and pineapple flavors, responding to customer demand for diverse options. Recent account expansions include new purchase orders from Bear’s Food Shack and The Chill Room in Florida, marking a significant step in sales growth. Branded Legacy is also on track to finalize the acquisition of All In Extracts, LLC by the end of March 2022.

Branded Legacy, Inc. (OTCQB: BLEG) has signed a letter of intent to acquire All In Extracts, LLC, known for its extraction and manufacturing of Delta-8, Delta-9, THC-O, and CBD products. This acquisition aims to enhance Branded Legacy's product portfolio and improve margins and revenues. The deal is viewed as a mutually beneficial opportunity, allowing for new product development while controlling costs. Branded Legacy’s President expressed enthusiasm for the acquisition, anticipating an immediate positive impact on the brand.

Branded Legacy, Inc. (OTCQB: BLEG) reported a significant 78% increase in sales for January and February 2022 compared to the previous two months. February 2022 sales were the highest in four months, showing a further growth of 39% over January. The company's sales team is actively expanding its customer base, focusing on key markets like Orlando and South Florida. Vice President Matthew Nichols highlighted ongoing discussions with potential distributors, which could enhance product offerings and drive sales growth. The company aims for continued revenue expansion.

Branded Legacy (OTCQB: BLEG) announces the successful launch of Spikes CBDX products in five new Florida retail locations, contributing to a 25% increase in sales revenue for February 2022 compared to January. The new locations include shops in Orlando, Boca Raton, Delray Beach, and Alachua, with Delta 8 gummies being a top seller. The company is also planning to enhance its online presence by adding a 'find your local dealer' feature on its website. This expansion indicates positive momentum for the brand and anticipates further revenue growth in the upcoming quarter.

Branded Legacy (OTCQB: BLEG) has announced its Spikes CBDX Delta 8 Gummies are now available in multiple new stores in Gainesville, Florida. The company reports steady reorders from existing accounts, indicating a positive market response. This week, the gummies have launched in three new locations, including SunStop and Wild Side Smoke Shop. Furthermore, Elev8 Hemp is expanding into the Buffalo area with a new wholesale partner, potentially enhancing Spikes CBDX's reach. Company President Brandon White emphasizes the importance of local market penetration for future growth.

Branded Legacy, Inc. (OTCQB: BLEG) provided a comprehensive update on its Q4 2021 performance and strategic outlook for 2022. CEO Jermain Strong emphasized sales growth as a top priority, alongside new hires, including President Brandon White and sales executives. The company is relocating its corporate office and implementing a CRM system to enhance customer management. Additionally, they are preparing to file a Form S-1 registration under the guidance of Burningham Law Group to support growth initiatives. The company aims to strengthen its portfolio through acquisitions in the hemp and CBD sector.

Branded Legacy, Inc. (OTCQB: BLEG) reports growing sales for its Spikes CBDX Delta 8 products, highlighted by new retail partnerships in Florida. This week, the company added three retail locations, including Mi Hookah Smoke Shop in Miami and two in Gainesville. Positive customer feedback showcases the product's effectiveness for sleep issues. Vice President Matthew Nichols expresses enthusiasm for increasing demand and future product launches. The company focuses on hemp and cannabinoid-infused beverages and various CBD products aimed at enhancing athletic performance and recovery.