Real Brands Reclaims Commercial Rights to Develop CBD Pharmacy® Brand via Mutual Termination of Agreement with Dragons, ...
19 Ottobre 2018 - 2:57PM
InvestorsHub NewsWire
Fort Lauderdale, FL -- October 19, 2018 -- InvestorsHub
NewsWire -- Real Brands, Inc. (Pink Sheets: RLBD), and Dragons,
Ltd. announce that they have mutually agreed to terminate the
October 2017 license agreement, which granted Dragons, Ltd
exclusive rights to commercialize CBD Pharmacy® branded products
worldwide.
Under the terms of this agreement, Real Brands will regain
all rights to the CBD Pharmacy® trademark it owns for the existing
vape cartridge business and all new CBD Pharmacy products
worldwide. Real Brands, Inc. will also receive the sufficient
inventory of CBD Pharmacy® branded vape cartridges to enable a
smooth transition and ensure that retail customers will continue to
have supply.
"We believe that the CBD Pharmacy® trademark will develop
faster and more efficiently under our direct efforts,” said Jerry
Pearring, CEO of Real Brands, Inc. “We have over 50 loyal
retail accounts buying CBD Pharmacy Vapes in the South Florida
market. And as a result of this agreement, we will ensure that the
CBD Pharmacy® brand will receive all the support required to grow
through new and established distribution channels for CBD products,
which will include adding new SKU’s and expanded geography that we
believe will accelerate our growth in 2019.”
About Real Brands
Real Brands, Inc. (RLBD) is a publicly held brand building company
active in the legal cannabis and hemp industry. The Company
recently acquired the Omega Hemp Water™ trademark from Alkame
Holdings, Inc. and the CBD Pharmacy® trademark.). For additional
information contact:
Jerry Pearring
Jerry@realbrandsusa.com
855 508-7325
Safe Harbor Statement
Any statements in this press release that relate to Real
Brands’ expectations with regard to the future impact on its
results are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. The results
anticipated by any or all of these forward-looking statements might
not occur. Real Brands undertakes no obligation to publicly release
the result of any revisions to these forward-looking statements
that may be made to reflect events or circumstances after the date
hereof, or to reflect the occurrence of unanticipated events or
changes in Real Brands’ plans or expectations.
Interviews and imagery available upon
request
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