Business
Rocky Mountain High Brands Reports Preliminary Unaudited Record Revenue of $1.6 Million for Fourth Quarter of 2022
Rocky Mountain High Brands Reports Preliminary Unaudited Record Revenue of $1.6 Million for Fourth Quarter of 2022.
About this update from Rocky Mountain High Brands, Inc.
[{"type":"text","content":"\n PLANO, Texas, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Rocky Mountain High Brands, Inc. (OTC: RMHB) today announced that it expects to report record revenue of $1.6 million for the fourth quarter of 2022. The fourth quarter 2022 was Rocky Mountain High Brands’ best revenue quarter to date. The Company continues to show strong growth at private label co-packing, and that has translated into record revenue. RMHB plans to release the full results for its fourth quarter 2022 once its financial closing procedures, final adjustments, and other developments that may arise between now and the time the closing procedures for the quarter are completed. Included in the above are preliminary unaudited revenue results for the fourth quarter of 2022. These preliminary results are derived from the internal financial records of the Company and are subject to revisions based on RMHB’s procedures and controls associated with the completion of the its financial reporting, including all the customary reviews and approvals. The Company’s independent accounting firm has not conducted a review of and does not express an opinion with respect to these preliminary results. These preliminary results are not necessarily indicative of any future period and should be read together with the risk factors disclosure outlined in the reports and other documents RMHB files with the OTC Markets Group. Rocky Mountain High Brands, Inc. is a diversified and dynamic Company committed to making a difference by raising the quality and expectations in beverages. We are committed to producing healthier beverages with innovative flavors designed to help people feel inspired. Great Choice® is a registered trademark owned by RMHB. The products include Great Choice Pediatric Electrolyte Solution, Great Choice® Medicated Chest Rub, and Great Choice® Infant Rub. These products are National Brand Equivalent (NBE) products and compare with national brands such as Pedialyte®. The NBE market is a rapidly growing market, and the Company is exploring adding additional NBE product and business lines. Our Eagle Spirit® is a high alkaline spring water that has a high pH, an all-natural refreshing taste, and is sourced from sacred Native American soil rich in history and culture. The name of Eagle Spirit represents great power and balance, ...