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Tuesday, November 29, 2022

Todays Focus Stock: Rocky Mountain High Brands, Inc (OTCMKTS:RMHB)

Rocky Mountain High Brands, Inc (OTCMKTS:RMHB) bills itself as a publicly-traded, lifestyle brand management company that markets “good for you” products to health-conscious consumers.  The Company is committed to empowering, motivating and inspiring healthy lifestyle habits that create a positive impact on everyday people. Rocky Mountain reaches those people with its brand messages and change people’s lives with its products. RMHB products inspire people to choose wellness and healthy lifestyles. Rocky Mountain mission is to help people live more productive and healthier lives.

Rocky Mountain currently markets a naturally flavored hemp-infused functional beverage under the name Rocky Mountain High. RMHB also bottles and distributes a naturally high alkaline spring water under the name Eagle Spirit Spring Water. In March 2018, the Company launched its HEMPd product line, which currently consists of CBD-infused topicals and nutraceuticals. The Company introduced a line of HEMPd CBD-infused functional beverages in the fourth quarter. The Company acquired FitWhey, a unique water-based protein drink that is naturally sweetened, flavored and colored that combines the highest quality whey protein isolate with caffeine. RMHB continues to be innovative through R&D and bringing new products to market. Rocky Mountain vision is to create and sell “good for you” products that touch people in fun, unique and relevant ways.

On December 28 Rocky Mountain High Brands, Inc. said it received the first purchase order and deposit from CBD Life for an initial test run of 2,000,000 cans of Rocket High, California Lemonade and California Black Tea.

Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, “Approximately two weeks ago, CBD Life presented the Company with a preliminary purchase order for 2,000,000 cans of beverages for their use as sales samples in Mexico. Under our agreement with them, we were obligated to present updated pricing from our ingredient vendors, can manufacturer and copacker prior to the commencement of our first production run.  We were notified late on December 24, 2018 that CBD Life had approved the updated pricing.  When the beverages from this first purchase order are delivered to CBD Life during the first quarter of 2019, the Company can recognize over $930,000 in revenue. Yesterday, CBD Life wired the Company a 50% deposit for this particular run.  We are excited to commence this project and anticipate that this initial order will be proceeded by a significantly larger order in the first quarter of 2019.”

MicrocapDaily has been covering RMHB for years long before it became Rocky Mountain. Back on March 9, 2015 we stated:

 TOTALLY HEMP CRAZY (OTCMKTS:THCZ) is making a huge move up on massive volume off its base just under a penny. Over the past few weeks THCZ has transformed from illiquid at a penny to one of the top traded stocks on the entire bb’s.

The current run is marked by steady accumulation and bigger volume then the stock has ever traded before. In a very bullish move THCZ has also surpassed the stock’s previous high’s last year of $0.05 a share

TOTALLY HEMP CRAZY (OTCMKTS:THCZ) mission is to become the premier hemp beverage company in the world, leveraging their team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit.

The stock has been upward bound in recent months as the Company unveils their plans to launch their Rocky Mountain High hemp beverage drinks. THCZ said in December that the first products to be produced will be the Rocky Mountain High Hemp Iced Tea™, Rocky Mountain High Hemp Lemonade™ and Rocky Mountain High Hemp Energy Drink™.

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Currently moving steadily upwards RMHB just surpassed the $0.01 mark. We will be updating on RMHB when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with RMHB.

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Disclosure: we hold no position in RMHB either long or short and we have not been compensated for this article.

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