Rocky Mountain High Brands, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 20, 2019 at 03:48 am IST
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Rocky Mountain High Brands, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was USD 353,863 compared to USD 117,117 a year ago. Operating loss was USD 942,917 compared to USD 1.171 million a year ago. Net loss was USD 918,713 compared to USD 991,972 a year ago. Basic loss per share was USD 0.01 compared to USD 0.01 a year ago. For the nine months, sales was USD 466,864 compared to USD 240,701 a year ago. Operating loss was USD 2.966 million compared to USD 3.495 million a year ago. Net loss was USD 2.849 million compared to USD 4.701 million a year ago. Basic loss per share was USD 0.03 compared to USD 0.06 a year ago.
Rocky Mountain High Brands, Inc. is a consumer goods company that specializes in the developing, manufacturing, marketing, and distributing quality, health conscious, hemp oil and hemp extract-infused products that span various categories including beverage, food, fitness and skin care. It is also engaged in the business of canning both its own beverages as well as canning beverages for other customers. Through its subsidiary, Wellness For Life, Inc., the Company markets a lineup of CBD-infused products under the HEMPd brand. Its CBD-infused products include tinctures, serenity hemp lotion, gummies, water soluble concentrate, capsules, triple relief salve, liquid e-juice and e-juice vape cartridges. It also sells citrus energy drink under its Rocky Mountain High Brands name. Its hemp-infused functional beverages include Citrus Energy, Black Tea, Mango Energy, Lemonade and Coconut Lime Energy drink, as well as hemp-infused 2 ounce (oz), Mango Energy Shots and Mixed Berry Energy Shots.
ROCKY MOUNTAIN HIGH BRANDS, INC. 
