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Branded Legacy, Inc. Recaps Q1 of 2022

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Rhea-AI Summary

Branded Legacy, Inc. (BLEG) delivered a Q1 2022 update emphasizing significant growth initiatives, including pending acquisitions and new retail partnerships. CEO Jermain Strong noted active marketing efforts and the development of two new gummy flavors. The company is also building a marketing department with internship opportunities for local college students. The launch of Spikes CBDX products aims to assist athletes in recovery and performance enhancement as the company pushes for a breakthrough year.

Positive
  • Pending acquisitions indicate future growth potential.
  • Introduction of new gummy flavors expands product offerings.
  • Building a marketing department could improve brand visibility and sales.
Negative
  • None.

CEO Addresses Shareholders

Orlando, FL, April 21, 2022 (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 addresses shareholders for 2022 Q1 recap.

Branded Legacy, Inc. completes a letter to shareholders disclosing updates from Q1 of 2022. In the letter to shareholders, CEO of Branded Legacy, Jermain Strong, writes, “There is still much to accomplish.” With pending acquisitions, new retail accounts, growing current accounts, and a push in marketing efforts, the Company has big shoes to fill. The Company recognizes the need to press on in making 2022 a breakthrough year for the Company. Strong continues, “Company President, Brandon White, has spearheaded this entire process, and his experience and expertise in sales is proving that he is the right person to lead Branded Legacy, Inc into the future.”

Spikes CBDX is currently developing two additional flavors of gummies – sour apple and citrus - to add to the product mix following the successful launch of watermelon and pineapple flavors. Samples of the current gummies are in the hands of two local vape distributors in Orlando with follow ups scheduled for next week.

Company leadership is working day by day to increase sales and marketing. Vice President Matthew Nichols, commented on the current marketing strategy, “We are in the process of developing a marketing department by giving local college undergrads internship opportunities to gain experience. This could lead to a full-time employment and other opportunities for these students as they help the Company grow.”
 
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.

www.brandedlegacy.com
(407)337-0642
info@brandedlegacy.com
 


FAQ

What are the latest updates from Branded Legacy (BLEG) for Q1 2022?

Branded Legacy provided updates highlighting growth initiatives, including new retail accounts and product developments.

What new products is Branded Legacy (BLEG) launching?

Branded Legacy is launching two additional flavors of gummies: sour apple and citrus.

Who is leading the marketing efforts at Branded Legacy (BLEG)?

The marketing efforts are being led by Company President Brandon White.

What is the focus of Branded Legacy's product line?

Branded Legacy focuses on hemp and cannabinoid-infused beverages, CBD topicals, and tinctures.

How is Branded Legacy (BLEG) engaging with local communities?

Branded Legacy is creating internship opportunities for local college students to support its marketing efforts.

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