DALLAS, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Right on Brands, Inc. (OTC PINK: RTON), a fully reporting SEC company and a leading developer of a diverse range of hemp-based and THCA products, announced today the withdrawal of its REG A offering effective January 16, 2024. The decision reflects the company’s pledge to its shareholders, believing that its improved financial position negates the need to sell shares at current market prices.
Market conditions and the company’s growth prospects are showing rapid signs of improvement, and Right on Brands is optimistic about its future trajectory. With eight established stores and a portfolio consisting of over 100 SKU’s, the company is confident in its potential for explosive growth throughout 2024.
“Our decision to let the REG A offering expire is a strategic move in line with our rock-solid commitment to build shareholder value,” commented Jerry Grisaffi, Chief Executive Officer of Right on Brands.
Mr. Grisaffi concluded his comments by saying: “We believe our strengthened financial position, coupled with the positive market trends, positions us for significant growth in the coming year. Our goal is to have 25 operating stores by the end of 2024 which will be a combination of corporate owned and licensed locations.”
Right on Brands remains committed to operating within the bounds of legal compliance, emphasizing that its products are legal in all 50 states. The company’s expansive product line, combined with a robust strategic growth plan, positions Right on Brands as a key player in the burgeoning hemp and THCA markets and our non-THC products.
About ENDO Brands:
ENDO Brands™, Humbly Hemp®, and ENDO Dispensary & Wellness™ Neuro Science Research Centers Inc, they all share the same goal of providing our customers with the best products in the health and wellness space. As the field of health and wellness products expand, Right on Brands will be there with industry leading wellness Products. Endo Brands has 9 operating stores.
About Right on Brands
Right On Brands, Inc., (OTC Pink: RTON) is a Dallas based, consumer goods company specializing in the brand development and distribution of hemp-based products smokables, oils and topical products. We will soon be adding a line of non-cannabis product to our health and wellness line. There are 8 in Texas and 1 in Florida.
To learn more please visit: https://rightonbrands.com/ www.endobrands.com
www.endodispensaryrowlett.com
email: mike@rightonbrands.com
Corporate Sales: Mike Brown (214) 299-9528
ENDO Brands Corporate Store:
ENDO Brands at Lakeview Plaza
6501 Dalrock Road
Suite 100
Rowlett, Texas 75089
214-299-9528
AUSTIN LOCATION
12412 Limerick at the corner of
Limerick and Parmer Lane
Austin, Texas
512-621-0649
LAREDO LOCATION
Endo Laredo
2413 Jacaman Rd
Laredo Texas 78041
956-568-2300
PLANO LOCATION
601 W. Parker Road
Plano Texas 75023
469-366-9694
PLANO LOCATION
12412 Limerick Ave
Austin Texas 78758
512-621-0649
EAST DALLAS LOCATION
9585 Scyene Rd Ste J
Dallas Texas 75227
214-7929204
MIAMI LOCATION
10850 SW 104th St
Miami, Florida 33156
786-703-1276
ROCKWALL/HEATH
5739 Horizon Road
Rockwall Texas 75087
214-623-7993
ROCKWALL
316 S Goliad suite 115
Rockwall Texas 75087
469-314-1117
Forward-Looking Statements:
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the SEC. The forward-looking information provided herein represents the Company's estimates as of the date of this press release, and subsequent events and developments may cause the Company’s estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.
