DALLAS, Sept. 21, 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 spring water, announced that its Board of Directors approved an increase in the authorized common stock to 4,000,000,000 shares. The increase in authorized stock will be effective 20 days after mailing to shareholders an information statement Schedule 14C.
Michael Welch, Chairman of the Board, President and Chief Executive Officer, stated, “The Company felt that it was necessary and in the best interest of RMHB to approve an increase in the authorized shares at this time. This increase in common stock shares will be to accommodate equity financing, to provide capacity for acquisition opportunities that the Company would like to pursue, and to provide RMHB flexibility well into the future without having to go through the time and expense of increasing the authorized shares again.”
RMHB will file a Form 8-K with the Securities and Exchange Commission later today.
About Rocky Mountain High Brands:
ROCKY MOUNTAIN HIGH BRANDS, INC., is a consumer goods company specializing in brand development of health conscious, hemp-infused food and beverage products. The Company currently markets a lineup of four naturally flavored hemp-infused beverages (Citrus Energy, Black Tea, Mango Energy and Lemonade) and a low-calorie Coconut Lime Energy drink. Rocky Mountain High Brands also offers hemp-infused 2oz. Mango Energy Shots and Mixed Berry Energy Shots. The Company recently launched a naturally high alkaline spring water, Eagle Spirit Spring Water.
For interested investors, our stock symbol is RMHB.
For ordering information please visit: LiveRockyMountainHigh.com
For corporate information please visit: RockyMountainHighBrands.com
For information on our high alkaline water visit: EagleSpiritWater.com
For Rocky Mountain High Distribution Contact:
Chuck Smith (972) 955-0964
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Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Michael Welch, President and Chief Executive Officer
Jack Eversull, President
The Eversull Group, Inc.
Phone: (972) 571-1624
Fax: (214) 469-2361
Source:Rocky Mountain High Brands, Inc.