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| RHMB Adds Another East Coast Distributor Tapping in to More Massive Markets |
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 Hot Stock to Watch |
Company: Rocky Mountain High Brands Inc. (Pink Sheets: RMHB)
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Last:
Price: 0.03299
Change (%): + 0.00019 (0.58)
Volume: 191,464 |
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Rocky Mountain High Brands (RMHB) Signs CH News as Exclusive Distributor in New Jersey and Eastern Pennsylvania
DALLAS, Sept. 19, 2016 (GLOBE NEWSWIRE) - Rocky Mountain High Brands, Inc. (OTC PINK:RMHB), a fully reporting company, announced today that CH News will be the exclusive distributor of Rocky Mountain High product in Eastern Pennsylvania and New Jersey.
CH News Inc. is a leader in the wholesale distribution of newspapers and magazines with over seventy independent drivers who deliver newspapers and magazines to over 3,000 accounts throughout Bergen, Passaic, Hudson, Union and Essex Counties in New Jersey.
Master distributor Rocky Mountain High New York will be the supply stream source of product from its Chatham New York warehouse facility. Upon a successful initial rollout of this new distribution network with agreements to increase CH News territory to include the five boroughs of New York City.
Ken Radcliffe, President of Rocky Mountain High New York, said, “CH News has developed an independent distribution network that virtually covers every independent retailer that sells newspapers or magazines. We have found that their marketing footprint is virtually identical to the market base we were hoping to develop on our own. With a proprietary computer software tracking system and a well established customer base, we believe CH News could develop a market base overnight that would otherwise take years to develop on our own.”
Michael Welch, President and CEO of Rocky Mountain High Brands, stated, “We have confidence that this new distribution agreement will allow the Company to experience a ten-fold increase in regional sales. CH News has a sophisticated control system in place that can effectively manage an increase in volume with greater productivity. Once this distribution model has proven itself successful, we intend to seek out other similar operation hubs in major cities across the United States.”
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