HARBINGER RESEARCH Independent Investment Analysis price target $0.70 per share. We Believe Right On Brands is, in fact, Right On the Money with its CBD-Infused Beverages and Alignment with Beer Distributors and Their Iron Grip on Retailer Shelf Space Throughout the U.S.
Summary and Investment Opportunity • High and Rapidly Growing Consumer Demand for CBD-Infused Beverages is Sweeping the U.S. Trends in the U.S. pertaining to the cannabis plant (marijuana and hemp) have been nothing short of extraordinary in the last few years, recently culminating in the December passage of the Farm Improvement Act of 2018, which removed hemp from the Controlled Substances Act of 1970 and placed it under the control of the U.S. Department of Agriculture as a legitimate farmed crop. While hemp has been used for centuries for its strong fibers in the making of rope and other goods, it has recently become far more widely used due to a therapeutic compound it contains called cannabidiol (CBD). The basis of one FDA-approved treatment for epilepsy, non psycho-active CBD has been shown to have myriad benefits pertaining to relaxation, pain relief, and in the treatment of addiction to opioids and nicotine. While not FDA approved for these uses as of yet, products containing CBD have taken the market by storm, and will by some estimates constitute a multi-billion dollar market in the United States by 2021. • RTON Has the Winning Combo for Success: Top-Quality, Delicious CBD Beverages and Strong Distribution Right On Brands is an emerging leader in the production of beverages, snacks, and oils containing CBD, and has recently made strong distribution inroads with regional and local beer distributors that are actively seeking such high-growth products to sell through their existing retail channels. Given that these distributors have an iron grip on much of the shelf-space RTON needs to sell its alkaline hemp water products and hemp oils, we believe that the Company’s recent string of new distributor alliances has already put it well on its way to having a national retail footprint. Furthermore, initial anecdotal evidence suggests excellent sell-through of these products, with several distributors already placing follow-on product orders just weeks after signing on and placing their first product orders. This can only be interpreted in one way, in our opinion: RTON has a winning combination of product taste and quality and national distribution strategy. • Rollout of Franchise-like Branded Wellness Centers Strengthen and Diversify Revenue Base In addition to its core wholesale sales effort, the Company has plans to make a major push into online retailing, where its gross margins are over 80% (net of shipping costs), and into licensing its ENDO water brand via a franchise-like model to retail entrepreneurs seeking to capitalize on the consumer demand craze for all things CBD. Licensees under the Company’s program can launch a retail store in just 60 days from signing and for as little as $50,000 in capital investment, which includes $30,000 of initial product purchases from the Company. Under the Company’s pricing model, both it and its licensees can expect to earn gross margins of approx. 50% from retail sales in these “Wellness Centers,” providing an exceptional, high-margin sales channel for the Company and a solid high-margin opportunity for licensed operators. https://d1io3yog0oux5.cloudfront.net/harbingerresearch/media/57b192bd1d88993a78b4da08714e0c45.pdf
1) RTON~ Right On Brands, Inc. is a Carrollton, Texas based consumer goods company specializing in brand development of hemp based food and beverage products for health conscious individuals.
2) RTON consists of four operating segments: ENDO Brands™ Humbly Hemp™ ENDO Labs™ ENDO Wellness Centers™ All share the same goal of providing our customers with the best products in the health and wellness space. Through Superfood Products, Cannabis, and Water, we are planning for the future while thriving in the present. As the field of health and wellness products expand, Right On Brands will be there with industry leading Food and Beverage Products.
Our premium, organically grown, ENDO TOKES are high in CBD while containing less than 0.30% THC. They also contain no tobacco. Buy a carton of 10 for $100 ($10 each) just use coupon code “EndoTokes10” after you add to the cart. No representations are being made that Endo Tokes are safer than cigarettes.
Follow us on twitter: https://twitter.com/HumblyHemp?lang=en -----------------------------------------------------------------------------------------------------
5) ENDO Labs™
RTON has formed a joint venture with Minnesota based Centre Manufacturing, LLC to create ENDO Labs. ENDO Labs was created to fill the void in the hemp derived CBD marketplace for the creation and manufacturing of quality formulated CBD products. Right On Brands will have 51% ownership of the joint venture with Ashok Patel's Centre Manufacturing, LLC. The new company will develop, manufacture and produce "white label" products for other companies seeking to retail cannabis based products under their own label. ENDO labs has the ability to formulate food, beverage, skin-care/topical, supplements, pet, and can take on advanced formulations and products to any customers preference. ENDO Labs will also have the function of brokering CBD oil for its customers, and clients. This will be the turn key solution to bring in quality CBD products to life.
For ENDO Labs Contact: Dr. Ashok Patel 952.944.9009 Info@endobrands.com
RTON Announces Opening of First ENDo Wellness Center and Humbly Hemp Cafe
Right On Brands, Inc.™ (RTON), an SEC, fully-reporting company and developer of a broad line of hemp and CBD-based foods, beverages, tinctures and topical products announces the opening of its first licensed ENDo Wellness Center in Lewisville, TX, a young, rapidly growing suburban community within the Dallas-Ft Worth Metroplex.
7) RTON's shares traded between .0001 and .034 last 52 weeks
Share Structure:
Autorized shares 12,000,000,000 Outstanding Shares 1,262,658,387 as of 05/21/2020 Restricted 122,892,370 Unrestricted 1,139,766,017 Float 977,194,589 as of 05/07/2020
9) EXPECTED NEWS: The release of the new product will be accompanied by an advertising campaign that will be conducted primarily on social media.
Beginning in approximately two weeks, we intend to release a new line of products – Endo TokesTM pre-rolled, filtered organic hemp smokes. Endo TokesTM will contain less than 0.3% THC and will be made from pure organic hemp and will contain no tobacco, nicotine, or chemicals. The release of the new product will be accompanied by an advertising campaign that will be conducted primarily on social media. Copies of the advertisements for this campaign are furnished herewith as Exhibit 99.1. We also plan to market Endo TokesTM to convenience stores and similar retailers. A white paper on hemp cigarettes is furnished herewith as Exhibit 99.2.
10) RTON's Harbinger Research Report's target price 70 Cents.
Right On Brands (RTON - OTC Pink) We Believe Right On Brands is, in fact, Right On the Money with its CBD-Infused Beverages and Alignment with Beer Distributors and Their Iron Grip on Retailer Shelf Space Throughout the U.S. Summary and Investment Opportunity Coverage Initiation Report Strong Buy 12-18 Month Price Target: $0.70 per share Legal Cannabis Sector Consumer Non-durables, Specialty Beverages June 17, 2019 Brian Connell, CFA
RTON is a fully SEC reporting company. All financials are audited. The Company has 4 brands and lots of Cannabis related products. In the same segments there are some cannabis stocks trading at multi-dollars and multi-cents share price such as HEXO, TGOD, ACB, WEED, MJNA,.. According to recent News, The release of the new product Hemp Cigarettes ENDO TOKES will be accompanied by an advertising campaign that will be conducted primarily on social media.
This is my DD. Please read, check filings make your own dd before buying or shorting any stock. I am long.