(NEW YORK)–Real Brands, Inc. (OTC:RLBD), a portfolio of consumer-packaged goods and brands, looks to become a sort of Amazon dotcom of cannabis related consumer products with their acquisition of CBD Pharmacy.
The Company recently announced they have signed a binding letter of intent with CBD Pharmacy, Inc. to acquire the CBD Pharmacy™ trademark plus four (4) US utility patents for the manufacturer 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.
Recent Upgrade to Stock
Ludlow Research, a small cap equity research firm out of New York City, recently made note of both RLBD acquisition of CBD Pharmacy, the Omega Hemp Water brand, and low market cap valuation as reason for launching their coverage.
– Pending Acquisition of CBD Pharmacy
– To Leverage Trademark with Licensed Distributors
– Royalty Fee Income from other Distributors
– Omega Hemp Water Production Infrastructure in Place
– First Production Run Expected in Q3 2017
– 30 Years Experience in Beverage Industry
– 70 Million Shares Outstanding
– Public Float just over 7 Million
– Low Market Valuation for Sector
As of June 2017, the Company had roughly 70 million common shares issued and outstanding, with a public float of just around 7 million shares. Based on their current projects focused on the cannabis sector, pending royalty fees from CBD Pharmacy, first production run of Omega Hemp Water expected in Q3, and low public float, Ludlow Research has initiated coverage on company with a ‘speculative’ short-term valuation target of $0.10 to $0.15 per share.
About Ludlow Research
Ludlow Research is a New York based equity research firm that focuses on providing research coverage and investor awareness services to emerging small-cap companies. For over 14 years we have worked to provide our readers with a simple way of evaluating the current and potential value of small-cap companies, while garnering these clients greater market awareness to new investors. For more information on us please visit www.ludlowresearch.com
About Real Brands
Real Brands, Inc. is a portfolio of consumer-packaged goods and brands. Management holds nearly 30 years experience within the beverage and branding industry, and looks to leverage this experience by acquiring companies active in the legal cannabis and hemp industry. The Company recently acquired the Omega Hemp Water™ trademark from Alkame Holdings, Inc. www.realbrandsUSA.com
This is NOT a solicitation to Buy or Sell any security, but rather is for informational purposes only. Content contained herein includes facts, views, opinions and recommendations of individuals and organizations deemed of interest. Ludlow Capital, Inc (“Ludlow”) does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse these views, opinions or recommendations, or give investment advice. Ludlow, its affiliates, or directors, may or may not hold a position in the above security from time to time, and investors are encourage to consider this as a possible conflict of interest when reviewing this information. In Compliance with SEC Rule 17B as of the date of this report Ludlow was not compensated for ongoing media advisory services, and thus should be considered a possible conflict of interest when reviewing this report and information. Ludlow, or its affiliates, may hold a position in above securities from time to time, and thus should be considered a possible conflict of interest when reviewing this report and information. These investments may involve a high degree of risk, thus investors are highly encouraged to consult with a financial advisor before any and all investments.
Safe Harbor Statements:
This website includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
Forward-Looking Statements This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
Small and Micro cap, or ‘penny stocks’, involve a high degree of risk, and we highly encourage investors to consult with a financial advisor before making any and all investment decisions when investing in these type of securities.
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