Branded Legacy, Inc. Hits Highest Quarterly Revenues In 2021

Rhea-AI Summary

Branded Legacy, Inc. (OTCQB: BLEG) announced a significant expansion of its Spikes CBDX product line across Florida. The company reported a remarkable 80% increase in revenues over the previous quarter, attributed to leveraging Chairman Brandon Spikes' sports credibility. Spikes is set to be inducted into the University of Florida Hall of Fame, enhancing brand visibility. The Vice President stated expectations for further sales growth as they approach the fourth quarter. The Spikes CBDX line targets athletes and individuals seeking pain relief and better recovery.

Positive

• Achieved over 80% revenue increase over the previous quarter.
• Chairman Brandon Spikes' upcoming Hall of Fame induction expected to boost brand visibility and sales.
• Increased consumer interest in the Spikes CBDX brand.

Negative

• None.

Spikes CBDX Brand Expands its CBD Product Line Across Florida

Longwood, FL, Sept. 24, 2021 (GLOBE NEWSWIRE) -- Branded Legacy, Inc. (OTCQB: BLEG), a holding company focused on the commercial development of hemp and cannabinoid-infused beverages, along with an array of CBD topicals and tinctures announces increased sales due to Spikes CBDX, LLC.

The Company has seen an over 80% increase in revenues over its previous quarter in 2021. Branded Legacy, Inc. has been leveraging its Chairman, Brandon Spikes, and his credibility in the sports arena to increase sales. Spikes will be inducted in the University of Florida Hall of Fame in the coming months, and this has played a large role in the excitement for brick-and-mortar locations to add the Spikes CBDX brand to their shelves.

Branded Legacy’s Vice President, Matthew Nichols, stated, “The Company’s revenues have turned the corner this quarter. There is a large interest in the Spikes CBDX brand, and we are expecting another jump in sales as we close out the month and move into the fourth quarter.”

About Spikes CBDX: Spikes CBDX is a line of CBD products designed to assist athletes perform better, recover faster, and avoid injuries. 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 Elev8 Hemp: Elev8 Hemp’s mission is simple: craft the highest-quality, organic hemp products for consumers in search of a healthier, happier lifestyle. Everyone needs to get the proper amount of healthy proteins to keep them feeling better and more energetic. We source only the best organic hemp protein powders—naturally full of powerhouse amino acids and Omegas-3, 6, and 9—so we can infuse your daily coffee and tea with an abundance of minerals, vitamins, antioxidants, and fiber. www.elev8hemp.com

About Versatile Industries: Versatile Industries, LLC has a mission to help companies enter the Hemp and CBD markets by leveraging the buying power of multiple companies. In doing this it brings lower costs and minimum order quantities (MOQ) to our customers. The Company believes that reducing the money that gets tied up in inventory allows for increased marketing spend for small business owners. Versatile Industries feels compelled to help businesses enter new markets by limiting the cost of entry while maintaining profitable margins, creating a recipe for long term business partnerships.
 
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.

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