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Legacy Distribution Group, a Subsidiary of CBD Global Sciences, to Begin Distribution for RAP SNACKS®

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CBD Global Sciences (OTC: CBDNF) announced its expansion into new product offerings through a partnership with Legacy Distribution Group. The company executed an exclusive distribution agreement with RAP SNACKS® for Colorado and Wyoming, enhancing its product portfolio with a non-CBD snack line. CEO Brad Wyatt highlighted the anticipated demand for these snacks, which combine hip-hop culture and innovative flavors. This move aligns with CBD Global's strategy to grow its distribution capabilities and product range, paving the way for further development in retail and e-commerce.

Positive
  • Exclusive distribution agreement with RAP SNACKS for Colorado and Wyoming territories.
  • Expansion of product portfolio to include non-CBD snacks.
  • Plans to increase distribution capacity to over 5,000 stores in the next 12-24 months.
Negative
  • None.

Denver, Colorado, Oct. 20, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- CBD Global Sciences, Inc. (OTC: CBDNF) (CSE: CBDN) (Frankfurt:GS3), (“CBD Global” or the “Company”), is pleased to share that it is adding new brands to its growing distribution channel.

Legacy Distribution Group, “Legacy Distribution” (Denver, CO) is one of the country’s first CBD-focused Direct Store Delivery (DSD) distributors. Dedicated to providing “Best in Class” products to its retailers, we are focused on introducing both CBD and non-CBD product lines. CBD Global Sciences’ Legacy Distribution Group is excited to announce the addition of RAP SNACKS® to its family of brands, a non-CBD product line.  Legacy has executed an exclusive distribution agreement with RAP SNACKS® for its Colorado and Wyoming territories. 

Brad Wyatt, CEO of CBD Global Sciences, shared, “I am excited to announce the addition of the snack line from RAP SNACKS®.  James and his team have done a fabulous job at combining marquee Hip Hop artists with an incredibly creative and tasty snack offering. I am confident that the demand for this product line will grow quickly.” 

ABOUT RAP SNACKS®

RAP SNACKS® was founded in 1994 by James Lindsay, the founder, and current CEO of Rap Snacks. He and his team has created a synergy between well-known and ‘up and coming’ hip-hop artists by developing for each artist their own special flavor and branding. The snack bags have an artistic rendition of the hip-hop artist on the front of the bag with each having its own special flavor. On the back of each bag is a QR code which allows the consumer to get a special message from the artist.

James Lindsay has had two passions from day one; there was never any doubt that Lindsay’s career would incorporate both food and music. “As a kid, I considered myself a snack food connoisseur,” Lindsay says. Like some sort of snack-mad scientist, he would often take various types of chips and mix them together in one bag in search of the next great flavor, to keep one step ahead of what was currently on the market. “I just think that hip-hop is so open, it has no limitations. And it connects with different brands and products right now because it is dominant. It is the most dominant category in music right now. Everybody is rapping now. No matter what color you are, what is your background, everybody’s rapping. It’s a way to express yourself in a very truthful and honest manner.”

Previous artists featured among Rap Snacks lineup include Ol’ Dirty Bastard, Master P, Meek Mill, Yung Joc, Bell Biv Devoe, Baby, Big Tymers, Pretty Willie, Ms. Toi, Mack 10, and Pastor Troy. 

ABOUT CBD GLOBAL SCIENCES INC.

CBD Global Sciences, Inc., is a hemp-based CBD producer and branding investment vehicle which currently owns two brands, branded under the name Aethics™ (www.aethics.com) and CANNAOIL (www.cannaoilshop.com), which include CBD Oil tinctures (liquid products), CBD capsules, CBD topicals, Hydration products and Confectionary products. CBD Global Sciences hemp-derived CBD extracts are sold through select distributors, brick and mortar retailers, and online.

CBD Global Sciences, through its wholly owned subsidiaries, Global Sciences Holdings, Resinosa LLC (www.resinosa.com) and Legacy Distribution Group, (www.legacydistributiongroup.com), is delivering quality CBD products both in retail and e-commerce formats nationwide. The Direct Store Delivery (DSD) provides distribution services for multiple vendors of CBD infused products and non-CBD products throughout the Colorado and Wyoming territories that are currently servicing over 750 C-store and large box retailers with expansion plans to exceed 5,000 stores in the next 12-24 months. In addition to Legacy Distribution, it has added a manufacturing division, Resinosa LLC (www.Resinosa.com), with its capabilities to provide cGMP manufacturing to the CBD industry with both private label and white label CBD and non-CBD product lines. 

For further information, please contact Investor Relations, (888) 401-2239, info@cbdglobalsciences.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to future developments and the business and operations of the Corporation after the CSE listing. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political, and social uncertainties; and delay or failure to receive board, shareholder, or regulatory approvals. Readers should not place undue reliance on forward-looking statements. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.


FAQ

What is CBD Global Sciences' new distribution agreement about?

CBD Global Sciences has partnered with Legacy Distribution Group to exclusively distribute RAP SNACKS® in Colorado and Wyoming.

How will the new product lines affect CBD Global Sciences (CBDNF)?

The addition of non-CBD snack products is expected to enhance CBD Global's market presence and diversify its offerings.

What territories are included in the RAP SNACKS® distribution?

The distribution agreement covers Colorado and Wyoming.

What are the expansion plans for CBD Global Sciences?

CBD Global plans to grow its distribution channels to exceed 5,000 stores within the next 12-24 months.

Who is the CEO of CBD Global Sciences?

Brad Wyatt is the CEO of CBD Global Sciences.

CBD Global Sciences Inc.

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