Spikes CBDX, a Subsidiary of Branded Legacy, Inc., Introduces Hemp Flower

Rhea-AI Summary

Branded Legacy, Inc. (BLEG) held its inaugural open house at the newly acquired Alpha Growers facility in Newberry, FL, on October 21, 2022. The event showcased the company's operations from seed to product, highlighting its vertical integration in the cannabis industry. The company reported over $75,000 in revenues for September, attributed largely to recent acquisitions. Alpha Growers will contribute to expanding product lines with plans for pre-rolls in CBD and Delta-8. The fourth-quarter disclosure will include revenues from this acquisition, further solidifying the company's growth trajectory.

Positive

• Reported over $75,000 in revenues for September, marking a high point in earnings.
• Successful open house event showcasing operations and engaging with shareholders.
• Acquisition of Alpha Growers enhances vertical integration and expands product offerings.

Negative

• None.

Successful Open House Brings Together the Company and its Shareholders

Orlando, FL, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Branded Legacy, Inc. (OTCQB: BLEG), a holding company focused on the commercial development of cannabinoid-infused products from CBD topicals and tinctures to edibles held its first open house at its newly acquired facilities in Newberry, FL.

The Company’s recent acquisition, Alpha Growers, LLC in Newberry, FL, hosted Company’s first open house on October 21, 2022. The Company was able to showcase its whole operation from seed to finished product. Alpha Growers specializes in growing and harvesting industrial hemp.

Brandon Spikes, Chairman of Branded Legacy, Inc., stated, “What a great opportunity to meet our shareholders and supporters. We all enjoyed our time getting to show off our most recent acquisition.”

Alpha Growers is now featuring products on Spikes CBDX’s website www.SpikesCBDX.com as its brand of hemp flower. The Company plans to expand product lines while utilizing Alpha Growers plants to create pre-rolls offered in both CBD and Delta-8.

Previously the Company announced that September marked the Company’s highest revenues. Branded Legacy is in the process of finalizing its third quarter numbers but currently the revenues for the month of September are north of $75,000. The Company attributes much of its revenue growth to its recent acquisitions. Its newest acquisition of Alpha Growers is heading the company in the direction of being fully vertically integrated in the cannabis industry. Its revenues will be added to the Company’s disclosure in the fourth quarter. 

About Spikes CBDX: Spikes CBDX is a line of CBD products designed to assist athletes perform better and recover faster. 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 number 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 is an acquisition company used to incubate companies to eventually spin off into their own public vehicles. Currently owns patent for a sports training assembly called The Quickness, a solar and water treatment company Magic 1 Promotions h2oandsolarsolutions.com, LLC and Astound NMN. By supplementing NMN it helps maintain NAD+ levels, ultimately slowing the effects of aging. www.astoundnmn.com

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 was the purpose of Branded Legacy's open house on October 21, 2022?

The open house aimed to showcase the company's operations at its newly acquired Alpha Growers facility and engage with shareholders.

What revenues did Branded Legacy report for September 2022?

Branded Legacy reported over $75,000 in revenues for September 2022.

How does the acquisition of Alpha Growers impact Branded Legacy's business?

The acquisition enhances Branded Legacy's vertical integration in the cannabis industry and allows for expansion of product lines.

What products will be developed from Alpha Growers’ hemp?

Branded Legacy plans to utilize Alpha Growers’ plants to create CBD and Delta-8 pre-rolls.

When will Branded Legacy disclose the revenues from Alpha Growers?

The revenues from Alpha Growers will be included in the company's fourth-quarter disclosure.