A micro cap holdings company just announced an expansion of sales into the Central Florida Territory for its hemp-based products. This headline comes a month after the company announced a strategic partnership with Powerhouse Marketers. Shares of Branded Legacy Inc. (OTCQB:BLEG) rallied on the news.
Branded Legacy is a company engaged in the development and marketing of products for the fitness and wellness markets. The company is focused on creating products for health-conscious consumers. Through its subsidiary, the company focuses on the development and marketing of hemp-based food, beverage, and healthcare products including hemp coffee, hemp water, and hemp-based skincare products.
Traders were extremely bullish on the news as shares of this micro cap reached $0.071/share (+53.16%) at the session high. This move was the first sign of life in quite some time as the stock has been in a persistent downtrend over the last year, but it could be an indication of things to come!
