Branded Legacy, Inc. Signs Letter Of Intent To Acquire All In Extracts, LLC
17 March 2022 - 11:30PM
InvestorsHub NewsWire
Branded Legacy, Inc.
Signs Letter Of Intent To Acquire All In Extracts,
LLC
Orlando, FL -- March
17, 2022 -- InvestorsHub NewsWire -- Branded Legacy, Inc. (OTCQB:
BLEG), a holding company focused on the commercial development
of hemp and cannabinoid-infused beverages, along with an array of
CBD topicals and tinctures completes a letter of intent to acquire
All In Extracts, LLC.
Branded Legacy, Inc.
signed a letter of intent to acquire All In Extracts, LLC d.b.a.
Star Hill Hemp on Monday morning. Owned by Matt Grisham, Aaron
Landerville, and Lorraine A, All In Extracts is located at 27003
Hickory Hill Rd, Brooksville, FL 34602. The potentially acquired
Company is in the business of extraction and manufacturing of
Delta-8, Delta-9, THC-O, and CBD products. All In Extracts also has
its own brand called Star Hill Hemp to retail tinctures and gummies
of its own making. The letter of intent represents basic terms
agreed upon by the Buyer and Seller, and an 8-k has been filed with
the SEC. A formal agreement can now be constructed to the benefit
of both companies.
Spikes CBDX has been
on a search for ways to increase margins as well as its revenues.
After several meetings between Branded Legacy, Inc. and All In
Extracts, LLC, an acquisition opportunity was discussed to the
long-term benefit of both companies. With this potential
acquisition, the Company can utilize the development processes of
All In Extracts to create new products while controlling the
costs.
Branded Legacy’s
President, Brandon White, stated, “We couldn’t be more excited to
add All In Extracts to the Branded Legacy umbrella. They bring an
immediate impact to our brand, and we look forward to investing our
time and resources to take their company to the next
level.”
About Spikes CBDX: Spikes CBDX is a line of CBD products
designed to assist athletes perform better, recover faster, and
avoid injuries. The Company believes that post workout recovery,
with Spikes CBDX products, can lower inflammation, aid in making
your body stronger, and help recover from injuries naturally. The
CBD line also targets individuals who are looking for pain relief,
better sleep, faster recovery and lowering inflammation. Spikes
CBDX provides tinctures, lotions, moisturizer, and cryo-gel
roll-ons. To view all the Spikes CBDX products please
visit: spikescbdx.com.
About Elev8 Hemp: Elev8 Hemp’s mission is simple: craft the
highest-quality, organic hemp products for consumers in search of a
healthier, happier lifestyle. Everyone needs to get the proper
amount of healthy proteins to keep them feeling better and more
energetic. We source only the best organic hemp protein
powders—naturally full of powerhouse amino acids and Omegas-3, 6,
and 9—so we can infuse your daily coffee and tea with an abundance
of minerals, vitamins, antioxidants, and fiber. www.elev8hemp.com
About Versatile
Industries: Versatile
Industries, LLC has a mission to help companies enter the Hemp and
CBD markets by leveraging the buying power of multiple companies.
In doing this it brings lower costs and minimum order quantities
(MOQ) to our customers. The Company believes that reducing the
money that gets tied up in inventory allows for increased marketing
spend for small business owners. Versatile Industries feels
compelled to help businesses enter new markets by limiting the cost
of entry while maintaining profitable margins, creating a recipe
for long term business partnerships.
Safe
Harbor Statement:
The
information posted in this release may contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. You can identify these statements by the use of
the words "may," "will," "should," "plans," "expects,"
"anticipates," "continue," "estimate," "project," "intend," and
similar expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. These risks and uncertainties
include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional
conflicts, competition, changes in technology and methods of
marketing, delays in completing various engineering and
manufacturing programs, changes in customer order patterns, changes
in product mix, continued success in technological advances and
delivering technological innovations, shortages in components,
production delays due to performance quality issues with outsourced
components, and various other factors beyond the Company's
control.
www.brandedlegacy.com
(407)337-0642
info@brandedlegacy.com
Branded Legacy (PK) (USOTC:BLEG)
Historical Stock Chart
From Apr 2024 to May 2024
Branded Legacy (PK) (USOTC:BLEG)
Historical Stock Chart
From May 2023 to May 2024