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CARTEL BLUE INC - CRTL STOCK NEWS

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Cartel Blue, Inc., a cause-commerce apparel company, focuses on the design and manufacture of eco-friendly apparel in the United States. Specializing in eco-friendly cotton premium jeans and sportswear for men and women, Cartel Blue, Inc. is headquartered in Los Angeles, California. Formerly known as Revenge Designs Inc., the company transitioned to its current name in September 2015.

The most recent news from Cartel Blue, Inc. includes the establishment of a state-of-the-art hemp textile manufacturing plant in Mexico, marking a monumental accomplishment for the organization and the industry as a whole. This innovative approach to hemp cultivation, textile production, and garment manufacturing aims to set new standards of excellence while driving economic development in the region.

Cartel Blue's commitment to sustainability is evident in all its operations, from sourcing organic materials to minimizing waste and energy consumption. The company's focus on eco-friendly practices and environmental leadership solidifies its position as a pioneer in sustainable fashion.

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Cartel Blue (OTC Pink: CRTL) has updated its 0.3% THC product line in response to the Trump Administration's 2018 Farm Bill. This legislation legalizes industrial hemp, enabling farmers to cultivate hemp and creating job opportunities. Key provisions include federal crop insurance for hemp farmers. Fortune 500 companies are now entering the market with hemp-based products. Cartel Blue emphasizes product transparency, child-proof packaging, and verification via QR codes. Their diverse range includes hemp cigars, oils, and edibles, popular at events like Coachella. This summer, their products will be available online. The company also offers hemp-based clothing, known for its softness and durability, through global distributor Distributol.

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Cartel Blue (OTC Pink: CRTL) has launched a new hemp surf apparel line aimed at surf enthusiasts globally. The CEO, Philip Moreb, emphasizes the eco-friendly and sophisticated design of the apparel, targeting the growing market of Surf Parks. The global hemp clothing market, valued at $2.03 billion in 2021, is projected to reach $10.01 billion. Cartel Blue has shared samples and is preparing for large-scale production and distribution.

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Cartel Blue (OTC Pink: CRTL), the first American apparel company listed on a major marijuana/hemp stock exchange, is spotlighting its hemp-based apparel line. Hemp is noted for its environmental benefits, requiring 50% less water than cotton and being naturally pest-resistant. Hemp fabrics are three times stronger than cotton, breathable, hypoallergenic, and resistant to bacteria and mold. CEO Philip Moreb emphasizes the rapid growth cycle of hemp and its minimal need for chemical pesticides. Cartel Blue aims to cater to eco-conscious consumers with high-quality, durable hemp clothing. The company's sister firm, Distributol, complements this by offering premium hemp products and supporting eco-friendly distribution practices.

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Cartel Blue (OTC Pink: CRTL) has announced its expansion into the Canadian market. CEO Philip Moreb has filed an application to list the company's stock on the Canadian Securities Exchange (CSE). This move aims to enhance international reach and collaboration with local farmers to cultivate fiber hemp plants. The new facility will focus on manufacturing high-quality hemp-based textiles, creating employment opportunities, and promoting sustainable practices. Director Mr. Kler highlights the benefits to the local community, including training programs and competitive wages. Cartel Blue is committed to eco-friendly operations and aims to establish itself as a leader in sustainable fashion.

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Cartel Blue (OTC Pink: CRTL), a leading brand in sustainable hemp and CBD products, has announced the establishment of a hemp textile manufacturing plant in Mexico. Operating as Cartel International, this venture aims to create a replicable product manufacturing model, foster local employment, and drive economic development in the region.

The plant will start operations in Q4 2024, creating over 200 jobs and utilizing eco-friendly practices. In collaboration with the Mexican government and private equity entities, Cartel Blue seeks to redefine the fashion industry through innovative and sustainable solutions.

By leveraging local talent and implementing comprehensive training programs with competitive wages, the company is committed to nurturing a skilled workforce. This expansion underlines Cartel Blue’s dedication to sustainability, community empowerment, and industry innovation.

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Cartel Blue participated in the Coachella and Stagecoach festivals in April 2024, boosting brand visibility among over 200,000 attendees at each event. The hemp product manufacturer showcased its offerings, including hemp cigars, THC products, and CBD oil, from reception podiums to private lounges and VIP after-parties. CEO Philip Moreb noted a sell-out of hemp cigars within 15 minutes at Stagecoach. The company also hosted events at the Palm Springs Surf Park and a 30,000 sq ft hangar-turned nightclub. Future plans include attending the Power Trip 2024 festival. The participation strengthened Cartel Blue's market reach and reputation.

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Cartel Blue, Inc. (CRTL) achieved great success at the Las Vegas Formula 1 Grand Prix with its premium hemp and CBD products. The event held at the Las Vegas Motor Speedway saw a remarkable turnout, with the company's diverse product range receiving enthusiastic responses. The special guest appearance by Colleen Shannon, Playboy magazine's 50th-anniversary Playmate, added to the allure. CEO Philip Moreb expressed elation over the event's success and plans for future expansions.
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Cartel Blue, Inc. is preparing a Tier 1 offering under Regulation A and plans to sell 250,000,000 shares of its common stock. The offering will commence after the registration statement is declared effective by the SEC. Cartel Blue's Common Stock currently trades on the OTC Exchange OTC Market's Pinks under the symbol 'CRTL'.
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FAQ

What is the current stock price of CARTEL BLUE (CRTL)?

The current stock price of CARTEL BLUE (CRTL) is $0.02 as of October 14, 2024.

What is the market cap of CARTEL BLUE (CRTL)?

The market cap of CARTEL BLUE (CRTL) is approximately 5.7M.

What is Cartel Blue, Inc. known for?

Cartel Blue, Inc. is a cause-commerce apparel company that specializes in designing and manufacturing eco-friendly apparel, including premium cotton jeans and sportswear for men and women.

Where is Cartel Blue, Inc. headquartered?

Cartel Blue, Inc. is headquartered in Los Angeles, California.

What recent milestone has Cartel Blue, Inc. achieved?

Cartel Blue, Inc. established a state-of-the-art hemp textile manufacturing plant in Mexico, signaling a significant advancement in the company's operations and the industry as a whole.

How does Cartel Blue, Inc. demonstrate its commitment to sustainability?

Cartel Blue, Inc. showcases its dedication to sustainability through eco-friendly practices, such as sourcing organic materials, minimizing waste, and reducing energy consumption in all its operations.

What is Cartel Blue, Inc.'s focus in terms of product offerings?

Cartel Blue, Inc. focuses on providing innovative and sustainable apparel, including hemp-based textiles and garments for men, women, and children.

CARTEL BLUE INC

OTC:CRTL

CRTL Rankings

CRTL Stock Data

5.74M
Tobacco
Consumer Defensive
Link
United States of America
Long Beach