Branded Legacy, Inc. Launches Spikes Kava Bar in Gainesville
October 06, 2021 09:13 ET| Source: Branded Legacy, Inc.
Longwood, FL, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Branded Legacy, Inc. (OTCQB: BLEG), a holding company focused on the commercial development of hemp and cannabinoid-infused beverages, along with an array of CBD topicals and tinctures signs licensing agreement for rights to use “Spikes” in the name of a Gainesville kava bar.
The Company signed a distribution agreement earlier this year with Sacred Leaf Shops in Gainesville, FL. At that time, talks began of opening a kava bar inside the CBD-focused store. A soft opening began last week, and with the University of Florida Hall of Fame induction events happening this Friday and Saturday, Chairman Brandon Spikes has agreed to license the use of his last name in the name of “Spikes Kava Bar” located inside Sacred Leaf Shops at 3743 W. University Ave, Gainesville, FL 32607 in exchange of an exclusive agreement to supply Spikes Kava Bar with Elev8 Hemp and Spikes CBDX products.
Sacred Leaf Shops owner, Ally Liu quotes, “We’ve done a lot of research in opening this kava bar. With Brandon Spikes’ name on the kava bar, we have been able to create a menu and a brand that we can expand into more locations in the next few years.”
Kava is an herbal remedy that some people use to relieve stress and anxiety and boost sleep according to recent studies. This plant extract has a calming, euphoric effect that some people compare with that of alcohol. Kava is native to the island of the Pacific Ocean and has a long history of use in alternative medicine and traditional ceremonies. People traditionally mix kava with water or boil it into a tea. Those from the South Pacific islands use this kava drink during cultural and religious ceremonies to create a state of altered consciousness.
Branded Legacy’s Chairman, Brandon Spikes, stated, “When the Company brought this idea up to me, I jumped on the opportunity. The location is prime for something like this, and Ally was eager to work with us.”
Vice President, Matthew Nichols, commented, “A lot of groundwork has gone into making this happen by all parties involved. This can potentially lead to franchise opportunities in the future as well as other form of brick-and-mortar opportunities to increase revenues and expand our footprint.”
