LOS ANGELES — Right On Brands, Inc. (OTCQB: RTON) today has announced Belle Point Beverages of Fort Smith, Arkansas and Poteau, Oklahoma as their newest wholesale partner. Belle Point Beverages has been a leading regional distributor for the area and a long established Anheuser-Busch Wholesaler since 1946. Belle Point Beverages has received an initial stocking order of CBD based ENDO Water for distribution in local bars, restaurants, grocery stores and Vape shops. The interest in CBD based beverages has been on the rise nationwide and is a perfect compliment to alcoholic beverage distributors due to similar distribution footprints and projected exponential growth in market share. “Belle Point Beverages is a strong established regional Anheuser-Busch Wholesaler who is among the first to lead the path in establishing the regional CBD beverage market and set the trend for other wholesale partners to follow” states Vic Morrison (Vic) Executive VP of Right On Brands Corporate Development.” Right On Brands forecasts that other similar wholesale distributors will follow suit and begin ordering ENDO Water as there initial entry into the CBD infused beverage market.”
Right On Brands (RTON) Hires Executive Vice President of Corporate Development
LOS ANGELES, Nov. 19, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE - Right On Brands, Inc.™ (RTON) (OTCQB: RTON.) today announced it has appointed Vic Morrison (Vic) as Executive VP of Corporate Development. In this role Vic will be responsible for global sales, marketing and he will also be instrumental in product development and licensed operations.
RTON is currently pursing several important business opportunities that will require the use of Vic’s extensive beverage industry experience. Vic is a visionary executive with rock solid experience developing, selling and managing products from their inceptive stage into the national limelight.
Vic includes over 35 years of experience managing sales, marketing, operations, personnel and merchandising at the international, national, and corporate level for both start-up and established companies. Vic served as a board member and officer of McCormick Distilling Company for 22 years and was integral at taking this regional company with sales less than $5 million annually to becoming an international company with sales in excess of $150 million annually.
"The market for CBD infused beverages will become a $260 million dollar market by 2022 according to estimates by Canaccord Genuity and some of the largest beverage producers in the world are looking to take advantage of this opportunity," according to Dr. Ashok Patel CEO of RTON. "RTON with it's subsidiaries ENDO Brands and ENDO Labs has developed a complete product line of CBD infused beverages and is perfectly positioned to develop corporate alliances within the industry. Vic will be using his lifetime of experience in the beverage industry to help RTON build on these alliances and become a Global leader in the sale of CBD infused beverages and other CBD derived products."
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