Welcome to our dedicated page for BRANDED LEGACY news (Ticker: BLEG), a resource for investors and traders seeking the latest updates and insights on BRANDED LEGACY stock.
Branded Legacy, Inc. (OTC: BLEG) is a diversified holdings company operating in the biotech sector. With a focus on innovation, the company specializes in developing cutting-edge products ranging from wellness to digital solutions. The recent achievements include strategic acquisitions and white label agreements, positioning them as a market leader in wellness-centric products.
One significant accomplishment is the collaboration with Kava & Hobbs, LLC, for white label vaping products, showcasing their commitment to holistic wellness solutions. The company also expanded its Everglade line of cannabis products, reinforcing its reputation for tailored cannabis solutions for Surge Distribution Co. Additionally, the acquisition of Sycamore BioPharma, Inc., and other strategic partnerships have significantly increased revenue and assets.
Branded Legacy's net income for 2023 showed remarkable growth, accompanied by the signing of multiple white label contracts, projecting strong revenue prospects for the future. The company's focus on biotechnological advancement and strategic expansions ensures a trajectory of growth and innovation, exemplified by recent partnerships with celebrity tattoo artist Kat Tat and exclusive extraction deals with Botany Evolution LLC.
Branded Legacy, Inc. (OTCQB: BLEG) has signed a letter of intent to acquire Thomas Pepper Johnson's patent for a sports training assembly known as The Quickness. This innovative assembly features remote targets that enhance training realism with visual alerts. The acquisition is set to finalize by week’s end, expanding Branded Legacy's reach into sports training and recovery markets. The company aims to market this equipment to high schools, colleges, and potentially the NFL, thereby diversifying its portfolio.
Branded Legacy, Inc. (OTCQB: BLEG) has announced the upcoming release of a new Delta 9 gummy blend, aimed at providing therapeutic benefits such as stress relief and muscle relaxation. The gummies will come in various flavors, including green apple and mango, with plans for tropical flavors too. The company reports strong sales of its THC-0/Delta-8 gummies, with a 50% increase driven by a partnership with All In Extracts. President Brandon White emphasized the company’s commitment to innovation and responding to consumer demand for CBD products.
Branded Legacy, Inc. (OTCQB: BLEG) announced the addition of two retail locations for its hemp and cannabinoid-infused products: Happy Cork in Brooklyn, NY, and Transformative Acupuncture in Jacksonville, FL. These stores will offer new THC-0/Delta-8 gummies, tinctures, and Spikes CBDX products. The company is also progressing from planning to R&D for disposable Delta-8 vapes, anticipating high demand and adding new flavors. President Brandon White highlighted the success of these product lines and the company's focus on customer-driven innovation.
Branded Legacy, Inc. (OTCQB: BLEG) has successfully reduced its debt by $232,280, leaving only $15,470 in promissory notes. This move follows negotiations with a debt holder to convert the remaining obligations into preferred stock. Brandon White, President, expressed optimism about the company's progress in revenue generation, emphasizing improved cash flow and product portfolio development. Branded Legacy continues to focus on its hemp and CBD product lines, aiming to enhance market presence.
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.
Branded Legacy, Inc. (OTCQB: BLEG) has successfully integrated a drop-shipping partnership with The Calm Leaf, expanding its e-commerce reach. This integration allows products from Spikes CBDX and Elev8 Hemp to be purchased online, enhancing visibility for both brands. The company recently launched THC-O/Delta 8 gummies, which are reportedly selling quickly. Branded Legacy's leadership emphasizes a robust marketing strategy to increase product awareness and sales, indicating a commitment to growing its market presence in the hemp beverage sector.
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.
FAQ
What is the current stock price of BRANDED LEGACY (BLEG)?
What is the market cap of BRANDED LEGACY (BLEG)?
What sector does Branded Legacy, Inc. operate in?
What are some recent achievements of Branded Legacy?
What is the significance of the collaboration with Kava & Hobbs, LLC?
How has Branded Legacy expanded its product lines?
What recent acquisitions have contributed to Branded Legacy's growth?