Subject: RMHB Makes Savvy Move Brings Amazon Fulfillment of Beverages In-House, Comments on Q2 Results

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RMHB Makes Savvy Move Brings Amazon Fulfillment of Beverages In-House, Comments on Q2 Results
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Company: Rocky Mountain High Brands Inc. (OTCQB: RMHB)


Price: 0.1029

Change (%): - 0.0005 (0.48)

Volume: 1,792,513
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Rocky Mountain High Brands Brings Amazon Fulfillment of Beverages In-House

DALLAS, Feb. 16, 2017 (GLOBE NEWSWIRE) - Rocky Mountain High Brands, Inc. (OTCQB:RMHB), a fully reporting consumer goods company specializing in hemp-infused food and beverage products and a naturally high alkaline water announced today it has taken over management of its Amazon fulfillment. All hemp-infused beverages are now available on and will be serviced by Rocky Mountain High Brands personnel.

Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, “By bringing our Amazon fulfillment in-house, we are able to ensure that our Amazon customers receive the same high level of customer service that our own customers receive. Taking control of our fulfillment will allow us to expand our product line to include variety packs of our hemp-infused beverages, hemp-infused energy shots and our high-alkaline spring water.”

Welch added, “The Company recently posted its second quarter financial results. Of note to our investors, when financial statements are reviewed, the second quarter of fiscal year 2017 posted significantly less revenue than the same period in fiscal 2016. The reduction in sales was caused by our management team’s focus on closing the purchase of the Series A control block by LSW Holdings, LLC, the lack of inventory of our more popular flavors to sell during the second quarter, and a restructuring of our brokerage agreements with outside brokers, causing the Company to terminate unprofitable brokerage relationships. The transfer of the Series A Control Block from Mr. Grisaffi to LSW Holdings is scheduled to be completed by February 28, 2017 and we expect a bright future together.”

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