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Apple Rush Company, Inc. (APRU) is a distributor of consumer packaged goods (CPG) products under the Apple Rush and Element brands. With over 50 years in the natural beverage industry, APRU is now focused on nationwide distribution of anhydrous hemp oil products. Recently, APRU acquired ACE, a plant extraction company poised for significant revenue growth, reflecting the company's commitment to shareholder value. In collaboration with Claregy LLC, APRU aims to accelerate product distribution in the organic beverage, CBD, Kratom, and hemp oil markets.
The Apple Rush Company (OTC PINK: APRU) provided a shareholder update for 2021 and outlined plans for 2022. CEO Tony Torgerud highlighted challenges such as supply chain disruptions and inflation impacting profitability. Despite this, the company has made progress in acquisitions, securing FDA and FDACS compliance for production facilities. The firm aims to diversify through hemp farm acquisitions and is negotiating a brewery acquisition. Plans for new product launches, including Hard Rush seltzer and RTD cocktails, were also discussed, indicating a strategic focus on growth.
APRU LLC, a subsidiary of Apple Rush Company, Inc. (OTC PINK: APRU), announced the proposed design for its new Hard Rush™ beverage, now submitted for regulatory approval by the BATF. Developed in collaboration with key partners, the brand aims for a Q1 2022 launch in Wisconsin, Illinois, and Indiana. CEO Tony Torgerud emphasized the significance of this product in expanding their portfolio, including potential hemp-infused varieties. The brand, co-owned with Corr Brands, Inc., represents a strategic move to enhance market presence and consumer appeal in the specialty beverage sector.
On October 14, 2021, APRU LLC announced that its Hard Rush™ trademark application cleared the Opposition Period and is on track to become a Registered Mark. CEO Tony Torgerud highlighted the successful navigation of legal objections, paving the way for the brand's entry into the alcoholic seltzer market. Initial production discussions are underway, targeting a launch in Wisconsin, Illinois, and Indiana in Q1 2022. The finished product formulations are near completion, with the design process also being finalized to appeal to consumers.
The Apple Rush Company (US OTC PINK: APRU) announced the acquisition of a Florida Hemp Production License from FDACS and FDA Food Facility registration. This advancement allows APRU, LLC to engage in various hemp-related activities, including extraction, provided the hemp meets THC thresholds. The company is expanding its product line with the Element Brands and will participate in the upcoming CBD Expo West in LA. CEO Tony Torgerud highlighted plans for growth and participation in trade shows to strengthen their market presence.
The Apple Rush Company (OTC PINK: APRU) announced increased orders from partners Botanaway, Inc. and UMIG, reflecting growing sales of Speciosa Soda, Element C, and other beverages. CEO Tony Torgerud highlighted the importance of regular reorders and potential for accelerated growth. The company emphasizes strategic business-building without toxic financing, aiming for ethical operational standards. Botanaway's CEO praised the retail success of their products, while UMIG reported consistent growth and increasing acceptance of CBD-infused beverages.
The Apple Rush Company (US OTC PINK: APRU) has announced that Botanaway, Inc., its partner, has been featured in Cannabis Now magazine. This recognition highlights their collaboration in developing innovative, water-soluble hemp extracts for the beverage industry. CEO Tony Torgerud emphasized the quality and industry-leading nature of their products, which are expected to disrupt the market. The company also plans to release its first-quarter financial statements today, following delays due to shareholder communications and subsequent events post-quarter-end.
The Apple Rush Company, Inc. (US OTC PINK: APRU) has reported substantial growth in sales through its new distributors and repeat same-store sales. Over 100 retail outlets are averaging more than one case per week, showcasing strong consumer demand for their CBD-infused Element C drinks. The company is negotiating to expand production capacity to meet increasing orders. New distributors in Montana and Colorado are expected to further enhance sales. CEO Tony Torgerud expressed confidence in the brand's future, attributing growth to regional diversification and expansion plans.
The Apple Rush Company (APRU) has signed a new distribution agreement for Colorado and Arizona with investor John Brusto of 4Life Natural Products. Brusto, a seasoned hospitality industry expert, has been an APRU investor since 2018 and aims to leverage his experience to enhance sales of Apple Rush beverages and CBD products in these states. CEO Tony Torgerud emphasized that this partnership aligns with the company’s 2021 initiative to strengthen distribution capabilities, ultimately aiming to increase shareholder value.
The Apple Rush Company (APRU) announced a new distribution agreement in Western Montana, secured by investor Trenton Marks, who has been a long-term supporter. This partnership aims to replicate successful initiatives seen with UMIG Distributing in North Dakota. CEO Tony Torgerud emphasized the importance of sales for long-term growth, stating that several new distributors will follow in 2021. The company also plans to launch new product lines, including hemp-derived beverages and innovative ginseng drinks. Continued product development aims to enhance shareholder value.
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