ROCKY MOUNTAIN HIG (OTCMKTS:RMHB) reported that its new, latest hemp-derived Cannabidiol-infused product line named HEMPd will be launched in March. John Blackington, the Chief Commercialization Officer, expressed that this initial line of items will give their consumers an unusually extensive variety of savory hemp extract/Cannabidiol delivery options.
Michael Welch, the CEO of Rocky Mountain, expressed that the HEMPd brand plan and strategy has been in progress for several months, and they are thrilled to announce it to the market. This measure dramatically expands their presence in the hemp segment by entering the fast growing hemp extract/cannabidiol segment. The hemp division is estimated to grow to $1.8 billion from $1 billion in size in the imminent three years. This new development will position the firm as a leader in this buzzing growth category and offer significant wellness and health benefits to company’s consumers.
HEMPd will be offered predominantly on online platform to be named as HEMPd website. The new product line will also be offered through other prime distribution channels. Rocky Mountain major focus will be on offering directly to customers, which will provide higher margins, more efficient delivery options, and enables marketing HEMPd across the U.S. The company also intend to release HEMPd Cannabidiol-infused waters at certain retailers in Southern California in the months of April and May, followed by other major retailers in the summer.
Blackington added that HEMPd was advanced by a team of professionals from the hemp industry. The new website is being designed by leading web designers, internet commercialization experts and marketing specialists. They will be latest, both in respect of the products they are selling, and how they offer their products to customers.
Rocky Mountain CEO stated that their mission is simple, and that is to build on their expertise and heritage in hemp, and let the world know many benefits of hemp.