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) 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.
Branded Legacy, Inc. (OTCQB: BLEG) announced its participation in key marketing events to enhance brand visibility for its product lines, Spikes CBDX and Elev8 Hemp. The USA CBD Expo, scheduled for March 11-13, 2022, in Fort Lauderdale, FL, will showcase over 300 vendors and feature discussions on Delta 8 and CBD products. Additionally, the company will attend the Cannabis Law and Business Conference on June 3-4, 2022, aimed at improving networking and gaining insights into the evolving cannabis market.
Branded Legacy, Inc. (OTCQB: BLEG), is expanding its Spikes CBDX product line with three new Delta 8 products: Pre-Rolls, Disposable Vapes, and Cartridges. Set to launch in early February 2022, these products were selected based on robust market research highlighting strong consumer demand. According to President Brandon White, the sales team has reported significant interest from retail accounts, indicating promising sales potential.
Branded Legacy (OTCQB: BLEG) has announced the appointment of three new regional managers to boost its sales and revenue initiatives in South Florida, North Florida, and Michigan. The company is also expanding its retail presence with a new account at Happy Buds, a Black-owned health and wellness store in Brooklyn, NY, which has ordered 4 SKUs. Additionally, the firm is exploring new product offerings beyond its existing CBD-infused iced teas. President Brandon White emphasizes a strong focus on growth and upcoming developments for 2022.
Branded Legacy, Inc. (OTCQB: BLEG) announces a significant operational overhaul under new management aimed at boosting productivity and sales. December 2021 sales doubled compared to December 2020, showcasing the impact of the new executive leadership. The company plans to launch new products for Spikes CBDX and Elev8 Hemp in Q1 2022, driven by market demand. Vice President Matthew Nichols expresses optimism for 2022, attributing success to the focused efforts of the executive team. The company has relocated its corporate office to Orlando, FL.
Branded Legacy has appointed Brandon White as President, aiming to enhance its executive team. White brings over 15 years of experience in sales and business development, having previously worked with Fortune 50 companies. His achievements include increasing company revenues from $430,000 to over $12 million in under 30 months. Both White and Vice President Matthew Nichols express optimism about 2022, citing immediate operational efficiencies and potential market success with their hemp-infused products.
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?