Right on Brands, Inc. Reports Record 3rd Quarter and New Store in Laredo, Texas

Rhea-AI Summary

Right on Brands, Inc. (OTC PINK: RTON) announced a record quarter ending December 31, 2021, marking its second consecutive record quarter. CEO Jerry Grisaffi expressed optimism about the company's growth trajectory. The company has opened a new Endo Wellness and Dispensary store in Laredo, Texas, aimed at expanding its market presence. The new location is strategically placed in a thriving area and is expected to enhance cash flow and reduce debt. Grisaffi emphasized the importance of brand recognition in driving consumer choice, alongside increasing inquiries for additional retail partnerships.

Positive

• Achieved a record quarter for Q4 2021, the second consecutive record.
• Opened a new Endo Wellness store in Laredo, Texas, enhancing market reach.
• New location expected to improve cash flow and expedite debt reduction.

Negative

• None.

Dallas, TX, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Right on Brands, Inc. (OTC PINK: RTON) a fully reporting SEC filer and developer of a broad line of hemp-based smokables, beverages, tinctures, and topical products including products infused with CBD, Delta-8, Delta-10, THCV, CBDV, THC and Delta-9 (below the federal limit) and the all new HHC in vapes gummies and tinctures, is announcing today another record quarter for the quarter ending December 31, 2021. Jerry Grisaffi, CEO said, “This is the second record quarter in a row for the company and it confirms that the company is on the right path and set for growth.”

The company is also reporting that the new Endo Wellness and Dispensary store in Laredo, Texas is now open at 2413 Jacaman Road in Laredo. Jerry Grisaffi, CEO said, “We are very excited about working with our new store owner. This second store in operation to allow us to introduce Endo to a whole new group of consumers in South Texas. Rafael Morales store owner quotes. “We have look at many product lines truly believe Endo is the Best and are super excited to represent this line.”

About the Laredo Texas Location:

Laredo, Texas location was chosen thanks to its rating by a major publication as one of the "Top 50 of the best college towns & cities in America" along with its close proximity to the Texas A&M campus. The new store located in Arena Plaza area that is located in the heart of the business district featuring hotels, office parks, specialized retail, music and sports venues, automotive park, a $1.5M water feature and community spaces.

Jerry Grisaffi, CEO of Right on Brands commented that the new Laredo, Tx. store opening will increase corporate cash flow and allow the company to buy down debt at the fastest rate in corporate history. "Creating a recognizable brand is among a company's most important and valuable asset. Having multiple locations leads to increased consumer confidence in the brand. Consumers are more likely to choose our brand over the competitors as we become more recognizable.". “We are excited about the many inquiries we are receiving on information on becoming an Endo retailer.”

About ENDO Brands:

ENDO Brands, Humbly Hemp, and ENDO Dispensary & Wellness All share the same goal of providing our customers with the best products in the health and wellness space. As the field of health and wellness products expand, Right on Brands will be there with industry leading Food and Beverage and wellness Products.

About Right on Brands
Right On Brands, Inc., (OTC PINK: RTON) is a Dallas based, consumer goods company specializing in the brand development and distribution of hemp-based foods, beverages, smokables, oils and topical products.

To learn more please visit: https://rightonbrands.com/  https://endobrands.com https://endodispensaryrowlett.com   

email: info@endobrands.com
Corporate Sales: Mike Brown (214) 736-7252

ENDO Brands Corporate Store:

DALLAS
6501 Dalrock Road
Suite 100 
Rowlett, Texas 75089  
214-299-9528

Other Stores:

AUSTIN, TX
12412 Limerick at the corner of
Limerick and Parmer Lane
Austin, Texas
www.endoofaustin.com
512-621-0649

LAREDO, TX
Endo Laredo
2413 Jacaman Rd
Laredo Texas 78041
956-568-2300
www.endolaredo.com

Forward Looking Statements:

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the SEC. The forward-looking information provided herein represents the Company's estimates as of the date of this press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

FAQ

What were Right on Brands' financial results for the quarter ending December 31, 2021?

Right on Brands reported a record quarter for Q4 2021, marking its second consecutive record quarter.

Where is the new Endo Wellness store located?

The new Endo Wellness store is located at 2413 Jacaman Road, Laredo, Texas.

How does the new Laredo store impact Right on Brands' business?

The Laredo store is expected to increase corporate cash flow and allow the company to reduce debt effectively.

What is the significance of brand recognition for Right on Brands?

Brand recognition is crucial as it enhances consumer confidence and preference for Right on Brands' products over competitors.

What is the stock symbol for Right on Brands?

The stock symbol for Right on Brands is RTON.