Branded Legacy Inc (BLEG)

[sleekscape]

Today’s news is going to have a long term impact on VATE

The entire company is now different

Their hot Coffee division just went from Hemp Coffee in Bags to...

Hemp Coffee in Bags + Hemp Coffee in Pods + CBD Coffee in Bags

They just tripled the number of items in their hot Coffee lineup

That is going to translate into a very significant increase in revenue starting in Q4

They have doubled the number of items in their Hemp Coffee lineup with the addition of hemp coffee pods — hemp coffee buyers skew towards the younger crowd, which also skews towards Keurig users — so this should lead to an expansion of VATE’s market domination in the hemp coffee market

CBD Coffee in Bags is a larger market than Hemp Coffee in Bags

They’ve already cornered the market on bags of Hemp Coffee, so they should be very competitive in the bagged CBD Coffee space as well

Any way you slice it, today’s news represents a tremendous amount of expansion in revenue, along with an increased probability of at least 1 of their 5 product lines — Hemp Coffee, Hemp Tea, CBD Coffee, RTD CBD Iced Coffee, RTD CBD Iced Tea — landing a deal with a national retail chain like Kroger (owns Lucky’s Market) or Whole Foods (owned by Amazon) in 2020


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