Republic of Texas Brands, Inc. (OTC: RTXBQ), a cannabis-focused holding company that aims to find the premier cannabis and hemp industry innovators and build their brands, recently announced that its hemp oil containing CHILLO Energy Drink is available for sale on Amazon.com. In the short time that it has been available, the energy drink has attracted numerous reviews from satisfied customers, generating interest in the company ahead of additional product launches.
Republic of Texas Brands’ is trading more than 25% higher on more than 5x its normal trading volume following the announcement.
Read the full press release covering the Amazon.com listing here:
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) has partnered with AMAZON.com to retail the CHILLO Energy Drink Worldwide. Amazon is expected to surpass $100 Billion in revenues in 2014 and is the number one online retailer in the world. CHILLO product can now be ordered for everyone to enjoy via AMAZON and RTXBQ is moving forward to have exposure on numerous smaller online retailers such as http://groupeedeals.weebly.com/. Internet Marketing will draw attention to our Cannabis Holdings website and we plan to have our footprint all over the internet as we expand our product offerings. RTXBQ chose the CHILLO product line due to its strong consumer demand and the popularity of Hemp based products in the retail market.
AMAZON.com will not only generate sales for Cannabis-Holdings.com it will also attract other similar Cannabis based product lines and allow the expansion and diversity in our product offerings. The company is in negotiations with several other exciting companies and we expect to announce new product offerings in the coming weeks as distribution deals are locked and the deals are signed.
“This is a landmark day for the RTXBQ website Cannabis-Holdings.com as we have now begun to ship product and generate revenues for the company. The newspaper article last week in the Dallas Observer has generated huge retail interest and we are very excited about the product hitting Texas retailers’ shelves in the next couple of weeks,” states COO Randy Safford. “With internet sales combined with wholesale bulk shipments we expect a very robust future for our website Cannabis-Holdings.com. The real measure of success will be when retailers place there restocking orders after the CHILLO product sells thru at the retailers locations. This is when we expect the retailers to really step up with their orders and stock the product on their shelves with more depth.
“Generating revenues and shipping product is an integral part of our reorganization plan and we are preparing to present it to the bankruptcy court and we hope to exit from our voluntary Chapter 11 status ahead of schedule.”
CHILLO can be ordered online at our AMAZON retail store at:http://www.amazon.com/gp/browse.html?ie=UTF8&marketplaceID=ATVPDKIKX0DER&me=A2KX6CKNKJOQAL
About CHILLO Energy Drink:
Chillo is a new hemp energy beverage designed to enhance any and all recreational activities. The blend of vitamins and hemp seed extract give Chillo the unique flavor and energy experience. Hemp seeds are proven to improve health in the areas of metabolism, digestion, and caloric balance. Drinking Chillo will boost your system, relieving tension, while bringing about excitement, motivation, and a great experience.
About Republic of Texas Brands Incorporated:
Our mission is to find the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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