Another acquisition?? $BLEG
Branded Legacy, Inc. Acquires Total Refinement Solutions, LLC
Source: InvestorsHub NewsWire
Branded Legacy, Inc. Acquires Total Refinement Solutions, LLC
Company expects to increase monthly revenue by at least $25,000
Charlotte, NC -- November 9, 2022 -- InvestorsHub NewsWire -- Branded Legacy, Inc. (OTCPK: BLEG), a holding company focused on the commercial development of cannabinoid-infused products from CBD topicals and tinctures to edibles is pleased to announce it has acquired Total Refinement Solutions, LLC (TRS).
Total Refinement Solutions LLC is a newly formed limited liability company based on years of experience in the cannabis industry, training growers how to compete in the highly demanding industry. TRS’s management team has over ten years of experience designing, constructing and managing in house lab operations for actors within the industry that lacked those capabilities. They have designed multiple lab space options to fit various throughputs of raw hemp, crude hemp oil, raw kratom leaf and crude mitragynine extract. Total Refinement Solutions has developed no less than four potential standard operating procedures for extraction, refinement and synthesis of any given target alkaloid. It has secured inputs of raw plant material, crude extracts for refinement and a demand for the output. The Company currently has operational labware as assets.
Brandon Spikes, chairman of Branded Legacy, Inc., stated, “We have been talking about owning all means to production and this puts us one step closer. TRS will eventually purchase equipment to expand into manufacturing. We are very excited to be moving forward with Total Refinement Solutions and their management team. There are already agreements that could add over $25,000 a month in revenue for Branded Legacy. With current projections, the Company is on path to see its first million-dollar year in 2023.”
In a previous news release, the company announced that it had sold Elev8 Hemp, LLC to another publicly traded company for One Hundred Million (100,000,000) restricted common shares. Those shares will be distributed to shareholders of Branded Legacy as of the record date which has yet to be determined.
