Real Brands Inc (OTCMKTS: RLBD) has seen a spectacular rise in recent weeks from a start point of well under a penny to recent highs of $0.21 per share. The stock has quickly attracted a fast growing shareholder base who continues to bid this one higher.
The CBD market is booming! CBD stocks have seen a huge boost in recent weeks after reports Coca-Cola is monitoring the nascent industry and is interested in drinks infused with CBD. With a rising number of various CBD products available in mainstream markets, consumers are spending more on CBD products than ever before. The Brightfield Group estimates the space will top $22 billion within the next 4 years, making it one of the more enticing spaces from an opportunity standpoint.
Real Brands Inc (OTCMKTS: RLBD) is a publicly held brand building company active in the legal cannabis and hemp industry. The Company recently acquired the Omega Hemp Water™ trademark from Alkame Holdings, Inc. and the CBD Pharmacy® trademark.). For additional information contact:
RLBD has been making big moves in the booming CBD space! Last year RLBD acquired the Omega Hemp Water trademarks and brand Intellectual Property from Alkame Holdings, Inc. via a controlling interest in a newly created subsidiary. Through this transaction RLBD will own the super-majority interest in a new subsidiary, and Alkame owns the balance. This subsidiary will focus on developing proprietary formulation(s) and growing the operations and trademark value for Omega Hemp branded beverages.
Real Brands acquired the CBD Pharmacy trademark™ plus four (4) US utility patents for the manufacture of consumable legal cannabis and hemp products as defined by the states on a state by state basis. In addition, RLBD has also agreed to acquire four (4) Colorado trademarks for use in legal cannabis and hemp products.
The four (4) additional Colorado trademarks are: Marijuana Cigarettes, Cannabis Cigarettes, Hemp Cigarettes and Cannabis Smoke Tobacco. The four (4) utilities patents include: An Inhaler for the consumption of Cannabinoids, Cannabis Infused Chewing Composition, A Method of Manufacturing a Smokable Cannabis Product and Cannabis Smokeless Tobacco.
Earlier this year RLBD launched CBD Pharmacy® Vape Cartridges in Texas and Florida. The CBD Pharmacy® Vape Cartridge line includes three sizes: 500 mg, 750 mg and 1g cartridges with unique flavors such as Whisky, Tequila and Pina Colada as well as existing flavors that are already popular with consumers such as Strawberry, Pineapple Express and Vanilla. Real Brands, Inc. is also finalizing the Omega Hemp Water® label and is planning our initial launch of the Omega Hemp Water® brand of CBD infused water.
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On October 19 RLBD and Dragons, Ltd. announced they have mutually agreed to terminate the October 2017 license agreement, which granted Dragons, Ltd exclusive rights to commercialize CBD Pharmacy® branded products worldwide.
Under the terms of this agreement, Real Brands will regain all rights to the CBD Pharmacy® trademark it owns for the existing vape cartridge business and all new CBD Pharmacy products worldwide. Real Brands, Inc. will also receive the sufficient inventory of CBD Pharmacy® branded vape cartridges to enable a smooth transition and ensure that retail customers will continue to have supply.
CEO Jerry Pearring commented “We believe that the CBD Pharmacy® trademark will develop faster and more efficiently under our direct efforts. We have over 50 loyal retail accounts buying CBD Pharmacy Vapes in the South Florida market. And as a result of this agreement, we will ensure that the CBD Pharmacy® brand will receive all the support required to grow through new and established distribution channels for CBD products, which will include adding new SKU’s and expanded geography that we believe will accelerate our growth in 2019.”
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Currently trading at a $13 million market valuation has little assets or revenues and $1.4 million in current liabilities. But RLBD is an exciting story developing in small caps; the Company is making big moves in the booming CBD space currently selling their CBD Pharmacy® Vape Cartridges in Texas and Florida as well as planning the launch of Omega Hemp Water® brand of CBD infused water. We will be updating on RLBD when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with RLBD.
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Disclosure: we hold no position in RLBD either long or short and we have not been compensated for this article.