ROCKY MOUNTAIN HIG COM USD0.001 (OTCMKTS:RMHB)
ROCKY MOUNTAIN HIG COM USD0.001 (OTCMKTS:RMHB) has announced plans to start producing Cannabidiol (CBD) infused flavored water as well as CBD-infused energy drinks. The company is planning to launch its new Blueleaf CBD infused flavored water product line over the next 30 days, as it continues to diversify its product line.
Blueleaf Product Line
The consumer goods company specializes in hemp-infused products and claims that the Blueleaf product line will come in three flavors – Cucumber, Lemon/Lime, and Watermelon.
“Next week, we will start focus groups to help the Company with the packaging and the positioning of the CBD-infused flavored energy drinks and beverages. Our goal is to be the leader in CBD energy drinks. With the guidance of Gerry David and the marketing expertise of Kevin Harrington, we believe that we can build a strategy to achieve that goal,” said CEO Michael Welch.
Kevin Harrington, of Shark Tank fame, joins the company as a marketing and communications consultant with over 40 years’ experience as a successful entrepreneur. His distribution experience and links to the retail sector should be of great help to Rocky Mountain in launching this new line of drinks.
American Indians’ Trademark
Separately, Rocky Mountain High Brands subsidiary Rocky Mountain High Water Company has received the green light from the Intertribal Agricultural Council to place the ‘Made/Produced by American Indians’ trademark on its Eagle Spirit Spring Water brand. The trademark has already been certified by the U. Patent and Trademark office.
According to the CEO, the trademark should provide the company with a competitive edge in the marketplace as it denotes authenticity while paying honor to the rich heritage of Native Americans. The company has already signed a distribution agreement with Indian Nation Wholesale for the distribution of the Eagle Spirit Spring Water as part of their latest commercialization strategy.
ROCKY MOUNTAIN HIG COM USD0.001 (OTCMKTS:RMHB) was a big disappointment in Wednesday’s trading session having shed 10% in market value to end the day at $0.095 a share. It now awaits to be seen if the Blueleaf product line and the distribution deals the company has signed in the recent past will help push the stock from the current tight trading range of $0.09-$0.11.
I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.
About the author: Liam is a retired civil engineer with a passion for stock analysis. Living in Helena, MT, Liam keeps busy by tying flies for fisherman and discovering stocks that normally go un-noticed.