Electric Cars Are Charged! Watch Out Tesla!


Electric Cars Are Charged! Watch Out Tesla!

A big showdown is coming, if you believe the car-business chatter: General Motors (GM) is about to challenge Tesla’s (TSLA) dominance among electric-car makers. Toyota (TM) is planning to take on Tesla, too. And don’t forget Honda (HMC), Ford (F) and Nissan (NSANY). Telsa-battlers, all.
Tesla is the most prominent name in electric vehicles, yet beneath the radar, virtually every big automaker has built some kind of EV, with more on the way. This is happening not because car buyers are clamoring for electrics, by and large, but because governments around the world are raising the pollution standards automakers must meet, essentially forcing them to build cars that don’t burn gasoline or diesel.
 The Kia Soul EV is at the opposite end of the spectrum from Tesla, whose cheapest Model S sedan starts at about $70,000, minus a $7,500 tax credit most buyers qualify for. The Soul starts at around $32,000, or $24,500 after the tax break. That makes the Soul one of the cheapest EVs on the market. Tesla’s “mass-market” car, the Model 3, is due in 2017, but it will probably start at $35,000 at least, meaning the Soul will still undercut Tesla by a fair amount.
Tesla models go further on a charge, but with a maximum range of 93 miles, the Soul still outpaces most EVs—including the Chevrolet Volt, with an all-electric maximum range of just 53 miles. Kia isn’t trying to sell the Soul EV to everybody. “It’s a niche, for sure,” Steve Kosowski, Kia’s manager of long-range strategy and planning, tells me in the video above. “It works globally in urban markets like New York City, Los Angeles, Seoul, Frankfurt.” Like many EVs, the Soul has peppy torque off the line, and all Soul models generally get strong reviews for crisp handling, a roomy interior and good value.
While Tesla is on a mission to electrify the entire auto industry, Kia (KS) only sells its electric where people seem to want it. The Soul EV is only available in about a dozen states, and Kia only markets it in areas where buyers have previously shown interest in the Kia Optima hybrid, which went on sale in 2011. No point trying to strong-arm buyers who don’t want a newfangled car or don’t live where there are adequate places to charge.
Low gas prices have delayed the ascent of electric vehicles, with overall sales down 23% this year, compared with 2015. Kia has barely sold 150 Soul EVs so far in 2016, according to Inside EVs. That’s well below the 2015 pace of 85 sales per month.
But gas prices fluctuate and electrics may yet come back into fashion. Later this year, Chevrolet will introduce the Bolt, a new EV able to travel more than 200 miles on a charge, which approaches the range of the Tesla Model S. That will generate plenty of hype and bring EVs back into the news. Further technology breakthroughs ought to continue bringing down the price of electrics, perhaps making them comparable on cost with gas models at some point. And if none of that happens, well, Kia has a gas-powered version of the Soul, and 10 other models.

Stocks With A Mix Of Safety and income


Stock With A Mix Of Safety and income

 Reuben Gregg Brewer

 Images

Image source: Southern Company.

As we get older, our financial needs change. When we’re younger, growth is important. But as we leave the workforce and start to live off our nest eggs, safety and income start to take center stage. That’s where Southern Company (NYSE:SO), Duke Energy (NYSE:DUK), and Emerson Electric (NYSE:EMR) come in. If you’re in your 70s, these companies are the types of names you might want to buy.

 

 

Boring old power

Southern is an electric utility based largely in the Southeast, serving some 4.4 million customers across Alabama, Florida, Georgia, and Mississippi. Roughly 90% of its revenues are generated from regulated utility businesses. That’s important, because electric utilities are granted monopolies but have to get their rates, and thus profits, approved by the government.

Utilities generally get rate increases as they invest more in their businesses for things like power generation and transmission. The government puts a cap on the upside, but usually this arrangement tends to lead to very stable results over time. Southern has generally constructive relationships with its regulators, which helps, too.

In the end, Southern is a pretty boring company. However, there are a couple of interesting things going on. First, over the past couple of years, its growth projects have been a trouble spot. Cost overruns and delays have cost investors money and resulted in bad press. But that’s helped to dampen investor demand for the shares and resulted in a nearly 4.4% yield. The projects appear to be on sounder footing now, and once they’re complete, Southern will have a well-balanced, generating portfolio that can shift toward the lowest-cost fuel source. That helps keep customer costs down — which keeps customers and the regulators that control its rates happy.

 


Southern is also in the process of buying a natural gas utility, AGL Resources (NYSE:GAS). That will further diversify Southern’s business, but it won’t change the regulated aspect since AGL’s revenues are nearly 80% regulated. The big change? Southern’s customer base will roughly double. The acquisition still has to pass regulatory muster, but it should enhance Southern as an investment option for those seeking steady income and capital preservation.

Getting more and more boring

 



Then there’s Duke Energy, another of the nation’s largest utilities. Duke serves 7.4 million customers across Ohio, Indiana, Kentucky, North Carolina, South Carolina, and Florida. Here’s the thing: In 2012 or so, regulated operations made up about two-thirds of Duke’s business. After a notable merger and asset sales, that number today is around 90%. So Duke has been on a quest to become more boring.

Images

Duke as it stands today. Image source: Duke Energy.

But it isn’t done just yet. For example, the other two businesses it runs are an independent power producer and an international power business. On the independent power side, Duke has been selling older, fossil fuel-based power plants and investing in in-demand clean energy power, like solar. Clean power assets are able to get long-term contracts that make selling power on the open market less risky. On the international side of things, well, Duke has said it wants to sell that business so it can focus on its U.S. footprint. In other words, it wants to jettison a risky segment.

And, like Southern, Duke is in the midst of acquiring a gas company. In this case, it’s Piedmont Natural Gas (NYSE:PNY), with about 90% of its revenues coming from regulated businesses. Like Southern, Duke buying Piedmont will provide diversification, add to the regulated business, and likely make Duke increasingly boring. But if you like collecting an around 4.2% yield from a steady Eddy, boring is good!

A flyer, for the more adventurous

 



Two utilities sound about right as a foundation for a portfolio built to provide income and capital security. But you can’t live on utilities alone, which is why you might want to take a look at Emerson Electric. It’s a name you’ve probably heard of, and just for reference, it can trace its roots back to 1890, when Grover Cleveland was president.

But what makes Emerson interesting today is that it yields around 3.7% and its shares are off some 25% from recent highs. There’s good reason for this, Emerson’s organic sales fell about 2% last year and it’s calling for organic sales to drop by as much as 5% this year. That doesn’t sound like a good thing and it isn’t. But, even during a tough stretch, which with over 100 years of life behind it Emerson has seen before, the global industrial giant turned a handy profit.

Emerson’s bottom line was $3.99 a share in fiscal 2015. That was up from $3.03 the prior year. How did it do that, by controlling the things it could control. For example, streamlining its business to reduce costs. No wonder it was able to increase its dividend, again — it has a nearly 60 year streak of annual hikes under its belt. Southern’s tally is “only” 15 years and Duke comes in with 11.

So Emerson might be living through a tough patch, but that 3.7% yield is backed by a company that appears pretty committed to regular dividend hikes. Then there’s the not so subtle fact that Emerson’s annualized dividend growth over the past five years has been about 9%; Southern’s dividend has grown an annualized 3.5% or so over that span with Duke pulling up the rear at about 2%. So while Emerson may not be as boring as a utility, that doesn’t mean it shouldn’t be on your watch list right now if you want to ensure your dividend income keeps up with inflation (historically around 3%).
Now you might be wondering about safeguarding your nest egg? That’s where Emerson’s widely diversified business comes in. Emerson is in the process of slimming down to focus on automation, commercial, and residential solutions. But within these categories are hundreds of productions. Having such a varied portfolio is why, even during a downturn, Emerson is able to put up big earnings. And once it has spun off and sold the assets it no longer wants, like network power and motors and drives, it’s going to go into acquisition mode to build up the core that’s left.

So growth should tick up again sometime in the next year, if everything goes according to plan. And remember that this isn’t the first makeover Emerson has lived through and after a century of history, and it probably won’t be the last. But before the clouds clear is a good time to consider taking a position in the still profitable company, to add a little growth to your overall portfolio just in case you live to 100, too.

The eye of the beholder

Clearly, the desirability of a stock is in the eye of the beholder. If you’re in your 70s, Southern, Duke, and Emerson Electric are three stocks you might want to buy. They provide a mix of dividend income and safety. The two utilities and their regulated businesses are the more boring, but Emerson shines when you consider it in the proper historical context.

The Official Beverage of Seattle’s Original Canna+Bus is Rocky Mountain High (RMHB)


The Official Beverage of Seattle’s Original Canna+Bus is Rocky Mountain High (RMHB)

 The Original Canna+Bus is Seattle, Washington’s rolling 30-foot mobile lounge for your amusement and pleasure. Today they have named Rocky Mountain High Beverages (RMHB) as the official hemp-infused onboard beverage line. Canna+Bus welcomes visitors to a soothing place for relaxation and comfort and hosts guided tours that are also available for private charter.

 

Canna+Bus guided excursions take you to the epicenter of Seattle’s exploding cannabis culture.  The tour provides behind the scenes access to explore Seattle’s finest licensed recreational cannabis facilities in a plush chauffeured friendly atmosphere. The tour lasts roughly 2.5 hours which includes a stop at Alki Point boasting unique local restaurants, a beautiful ocean view along with stunning views of the Olympic Mountains and downtown Seattle from all points!

Visit Canna+Bus online: http://www.theoriginalcannabus.com/

Seattle’s Rocky Mountain High Society Distributor, Bret Cramm, said, “We met with Canna+Bus at the recent CannaCon Convention and in just a short period of time they have rocketed to becoming one of the top Rocky Mountain High retailers in the state of Washington. Last Saturday, Rocky Mountain High Society’s Bret Cramm rode along and experienced first hand that Seattle loves Rocky Mountain High Beverages.

Jerry Grisaffi, Founder of RMHB, commented, “Bret Cramm’s Rocky Mountain High Societies Gorilla Marketing is a prime example of how a small distributor is getting a big job done! Since coming onboard, Rocky Mountain High Society has established an impressive distribution base and is in the process of developing a sub distributor network. Rocky Mountain High is quickly becoming the “Toast of the Town” all over the Seattle area. We look forward to exploring future adventures with Canna+Bus at many of Seattle’s cultural events over the next year.”

About Rocky Mountain High Society:

Rocky Mountain High Society
5302 105 St NE
Marysville, WA 98270
Phone:
http://www.rockymountainhighsociety.com/

About Rocky Mountain High Brands:

Rocky Mountain High Brands is a pioneer in the hemp-infused food and beverage industry.  We currently offer five delicious hemp-based beverages that are 100% legal and refreshing!
Interested investors, our stock symbol is RMHB. 
For ordering information please visit: www.RockyMountainHighBrands.com

For Rocky Mountain High Distribution Contact:
James Gang:
jim@rockymountainhighbrands.com

Visit us at our Facebook page: https://www.facebook.com/rockymountainhighbrands?fref=nf 

Investors Hangout is the only authorized Investors blog page for Rocky Mountain High Brands, Inc.

Top Analyst Upgrades and Downgrades: Ambarella, Delta, eBay, LinkedIn, Micron, Relypsa


Top Analyst Upgrades and Downgrades: Ambarella, Delta, eBay, LinkedIn, Micron, Relypsa and Many More

Stocks were indicated lower on Tuesday morning ahead of a Fed Chair Janet Yellen’s expected verbiage on interest rates. Last week broke a five-week period of gains, and now investors are caught wondering if they should be buying the dips or selling into the rallies.

24/7 Wall St. reviews dozens of analyst research reports each morning of the week. The goal is to find new investing and trading ideas for our readers. Some of the daily analyst reports cover stocks to buy, and others cover stocks to sell or avoid.

These are the top analyst upgrades, downgrades and initiations seen on this Tuesday morning:

Ambarella Inc. (NASDAQ: AMBA) was raised to Overweight from Equal Weight with a $55 price target (versus a $40.71 prior close) at Morgan Stanley. It has a consensus analyst price target of $57.55 and a 52-week trading range of $33.39 to $129.19.

Delta Air Lines Inc. (NYSE: DAL) was started as Overweight at Stephens. Shares closed at $48.20, with a consensus price target of $65.08 and a 52-week range of $34.61 to $52.77. United Continental and American were started as Equal Weight in the call as well.

eBay Inc. (NASDAQ: EBAY) was downgraded to Underweight from Equal Weight with a $25 price target (versus a $24.12 close) at Barclays. The consensus price target is $27.97. The 52-week range is $21.52 to $29.83.
LinkedIn Corp. (NYSE: LNKD) was downgraded to Equal Weight from Overweight with a $130 price target (versus a $109.12 close) at Barclays. Its consensus analyst price target is $175.98 and it has a 52-week range of $98.25 to $266.53.Micron Technology Inc. (NASDAQ: MU) was downgraded to Underperform from Hold at Needham. The consensus price target is $15.57, while the 52-week range is $9.31 to $29.78.Relypsa Inc. (NASDAQ: RLYP) was started as Buy with a $26 price target (versus a $12.95 close) at Brean Capital. Relypsa has a consensus analyst target of $41 and a 52-week range of $10.26 to $37.95.

 Six Flags Entertainment Corp. (NYSE: SIX) was started as Neutral at Sterne Agee CRT.

Skyworks Solutions Inc. (NASDAQ: SWKS) was downgraded to Neutral from Buy at Citigroup.

Universal Health Services Inc. (NYSE: UHS) was raised to Outperform from Market Perform at Wells Fargo.

NXT-ID to Host 2015 Year End Discussion and 2016 Outlook Investor Webcast April 4, 2016


NXT-ID to Host 2015 Year End Discussion and 2016 Outlook Investor Webcast April 4, 2016

NXT-ID, Inc., a company focused on the growing mobile commerce market, announces it will host an investor webcast on Monday April 4, 2016 at 4:15 PM EDT. The Company will discuss its progress and results in 2015 and its strategy and outlook for 2016.

The webcast will be moderated by SoundView Technology Group analyst, Steve Waite. Also on the call with Gino Pereira, CEO of NXT-ID, will be NXT-ID directors, Stan Washington and Dr. Mike Remedios, who is also Chief Technology Officer at WorldVentures LLC.

Stan spent 17 years as an executive at American Express and was Regional Vice President and General Manager of the Western United States operating as the region’s senior business leader where he managed American Express’ U.S. Commercial Card Division overseeing the Account Development Organization including sales and operational support across multiple industries, to more than 260 U.S. based companies, representing over $300 billion in annual corporate revenue.
As Chief Technology Officer at World Ventures, Mike will give an overview of the strategic alliance between World Ventures and NXT-ID. Prior to joining World Ventures he was Chief Information Officer for Arbonne International, a billion dollar global cosmetics company, a Vice-President at Expedia, Inc. and Chief Technology Officer for Realtor.com and Shopping.com, a subsidiary of eBay, Inc.  At eBay he was a member of the eBay Inc. Technology Board for eBay, PayPal and Skype.

Webcast Details:
Apr 4, 2016 at 4:15 PM EDT

Participants can register for the event at this link: http://edge.media-server.com/m/p/c8nomvhy
The webcast call will be recorded and available for playback at NXT-ID’s website:
http://www.nxt-id.com.

About WorldVentures

WorldVentures Marketing, LLC is the leading international direct seller of vacation club memberships and helps people achieve more fun, freedom and fulfillment through their DreamTrips memberships which offer highly curated vacation, local entertainment, dining and event experiences enjoyed with the member community or individually. WorldVentures is a privately held company based in Plano, Texas, with active Representatives and Members in 28 countries. For more information, please visit http://www.worldventures.com .

About NXT-ID

NXT-ID is an emerging growth technology company that is focused on products, solutions, and services for security on mobile devices. Our core technologies consist of those that support digital payments, biometric identification, encryption, sensors, and miniaturization. We have three distinct lines of business that we are currently pursuing: mobile commerce, primarily through the application of secure digital payment technologies; biometric access control applications, and Department of Defense contracting. Our initial efforts have primarily focused on the development of our secure products for the growing m-commerce market, most immediately, a secure mobile electronic smart wallet, the Wocket®. The Wocket® is a smart wallet, designed to protect your identity.
Product images are available for media at: http://press.nxt-id.com

Tesla Stock Reverses Amid Executive Exodus (TSLA)


The revolving door at Tesla Motors, Inc. (TSLA) spun again last week after another key executive abruptly departed just when the electric car company is gearing up to unveil its Model 3 vehicle. Analysts’ reactions are mixed about the impact of the recent executive departure, which comes a week after Tesla lost its VP of Communications.

TSLA shares closed Thursday at $227.75, up 2.32%. This move translates to a 2% decline from the prior week’s close of $232.74. And analyst Efraim Levy of S&P Global Market Intelligence sees massive downside ahead in TSLA shares, cutting his price target to $155 and issuing a sell rating. “We see significant execution and valuation risk in the premium priced stock,” he said. And Tesla’s lack of stability in its leadership team will only add to the risk. (See also, The Biggest Risks of Investing in Tesla Stock.)

 

A Small But Glaring Error and Trend

Last Week, Tesla announced that Michael Zanoni, Executive VP of Finance and Worldwide Controller, had left the company to go back to Amazon.com, Inc. (AMZN), where he worked until 2014. Prior to Amazon, Zanoni also worked at The Boeing Company (BA).
As to why Zanoni left Tesla remains unclear. According to his LinkedIn profile, he was “Responsible for the global accounting, financial reporting, SEC and technical accounting and finance operations teams based in China, the Netherlands and the US.” But we can only speculate whether the company’s mistake in its recent 10-K filing with the Securities and Exchange Commission was a catalyst.

Earlier this month, Tesla admitted the mistake via an 8-K filing.

“An immaterial error that overstated the cost and resulting net book value of the Supercharger network was included in Tesla Motors, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 (the “Form 10-K”),” read the filing. “In Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operation-Management Opportunities, Challenges and Risks-Trends in Cash Flow, Capital Expenditures and Operating Expenses, the net book value of the Supercharger network as of December 31, 2015 should have been stated as $166.6 million.”
Jason Wheeler, the CFO for less than a year, replaced long-time CFO Deepak Ahuja last year after Ahuja also abruptly left the company.

 

The Bottom Line

While the company’s reference to “an immaterial error” in the 8-K filing may play down the inaccuracy in the 10-K filing, it still opens up Tesla to future criticism and potentially more scrutiny given the lack of stability in Tesla’s finance department. Can TSLA stock still deliver in 2016? The shares have a consensus hold rating and an average analyst 12-month price target of $213.50, implying a 6% decline from Thursday’s close of $227.75.

NXT-ID Inc (NASDAQ:NXTD) On The Verge Of A Breakout


NXT-ID Inc (NASDAQ:NXTD) On The Verge Of A Breakout

NXT-ID Inc. Officially Unveils New Wocket Smart Wallet

NXT-ID Inc has been one of the most active penny stocks on the NASDAQ markets. It’s one that we at Insider Financial have been following closely. We feel that shares are consolidating before making an explosive move higher. This comes as a lot of exciting news has been coming out of the company so far this year.

What got shares moving higher was the company’s deal with WorldVentures, which we said was a winner. NXT-ID and its partner WorldVentures announced the first purchase order for a new SmartCard being developed for WorldVentures vacation club members. The purchase order is for up to $15 million and is subject to WorldVentures acceptance of the prototype card now being manufactured. The purchase order calls for equal monthly deliveries with a value of $2.5 million a month from July to December 2016. With the exception of the order for the first $2.5 million, WorldVentures has the option to cancel, defer or increase monthly shipments with 90 days written notice on subsequent orders.]

This follows the deal with WorldVentures that was signed in January. WorldVentures made a strategic investment of $2 million in Nxt-ID to develop a proprietary new wireless smart card for its members—numbering in the several hundreds of thousands worldwide—based on Nxt-ID’s Wocket, a unique smart wallet that serves to securely store all credit cards. The smart card will be customized with additional technologies and wireless features, such as the ability to seamlessly integrate with WorldVentures’s DreamTrips App to wirelessly check in and earn loyalty points towards free DreamTrips vacations at select restaurants.

DreamTrips is a travel club and entertainment community where nembers enjoy exciting excursions year-round to extraordinary destinations. WorldVentures currently has approximately 500,000 DreamTrips members, with as many as 80,000 new members joining every month. The vision of WorldVentures’s executive team is to make the smart card available to every existing member, and provide a member kit to every new member that includes the smart card. This strategic alliance is the first step in achieving that vision.

The latest news from the company was that it received notice of allowance from the US Patent Office on its “Unpassword” encryption patent. The invention relates generally to authenticating and encrypting information exchanged between two devices. A first device needs to authenticate a second device, before the first device will exchange information with the second device. “We want to be sure that the second device is not a bad guy or a hacker before actually sending sensitive information,” said David Tunnell, Chief Technology Officer of NXT-ID. Gino Pereira, CEO of NXT-ID said:

“These dynamic pairing codes are a cornerstone of our MobileBio encryption technology and we are pleased that this patent is about to be awarded. This technology allows a much higher level of security for transactions than is currently employed and the licensing of this technology is a potential path to generating recurring revenue on financial transactions and the reduction of fraud losses by financial institutions.”

NXT-ID, Inc.’s innovative MobileBio solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio suite of solutions that secure consumers’ mobile platforms. NXT-ID’ wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition.

nxtd 3.28

Imperalis Holding Corp. Appoints Robin Sibucao President and CEO


Imperalis Holding Corp. Appoints Robin Sibucao President and CEO

IMPERALIS HOLDING CORP. (IMHC) announced the appointment of Robin Sibucao to serve as President and Chief Executive Officer of the Corporation.

 

 Mr. Sibucao has over 35 years of experience building successful audio and music companies. His diversified career includes leading companies such as Bose Corporation, Play Network Corporation, Aphex, Big Noise Institute and Forward Compatible Group. With three decades of building successful entertainment companies where music and quality sound are the forefront of the brand, Robin is prepared to lead IMHC acquisition and specialty consulting growth.
Walter Stock will continue to serve as chief financial officer and on the Board of Directors.
About Imperalis Holding Corp. 
 
Imperalis Holding Corp. incorporated under the laws of the State of Nevada, is a holding company providing management consulting services to small and large companies including reorganization in chapter 11. Imperalis Holding Corp. shares are currently traded on the over the counter market and under the symbol IMHC.

$IMHC

Stocks to Buy Today March, 2016


Top Nasdaq Stocks is issuing a report on four stocks to watch. GBSN, NETE, COOL, and NXTD have been added to our watch list today. Continue reading to find out why. – To daily alerts on top stocks on the Nasdaq/NYSE subscribe to our newsletter at TopNasdaqStocks.com.

Great Basin Scientific, Inc. (GBSN) is dedicated to making molecular testing elementary and inexpensive enough so that everyone can be tested for every severe infection. Their FDA approved diagnostic system will empower health providers to outline a treatment path quicker for enhanced patient outcomes, shorter hospital stays, and save patients money in hospital fees. Starting on March 3rd and ending on March 23rd, Great Basin Scientific’s stock has risen 53.64%. Throughout that same time period, the stock has reached levels as high as $0.329 with lows on March 3rd of $0.14.

 

Net Element International, Inc. (NETE) has provided significant returns to its investors in the month of March. Since March 1st, the stock price has increased by 95.10%. In addition, the volume of the stock has increased since March 1st when the listed volume was 305,234 shares. The stock has traded 10,794,870 shares on March 23rd as of the time this report was submitted. Net Element International is a global technology company focused on mobile payments and value-added transactional services. Their product Apito is a digital solution that allows restaurants to offer their menus on tablet computers that integrate full-featured Point-of-Sale (POS) system and a smartphone app.


Majesco Entertainment Co. (COOL) is a supplier of video games focused on developing and distributing a multitude of titles on prominent console and portable systems. On March 22nd, Majesco announced their launching of a new video game, which spurred CEO Barry Honig to say, “We are excited about launching Glue for the PC. The company has spent significant time developing the game and we believe it will be a great success in the market.” Looking back from March 18th to the day of the press release the price increased 21.64% while the volume increased from 27k shares to more than 350k shares.

 

NXT-ID, Inc. (NXTD) is an early stage tech company that is devoted to providing biometric secure access control solutions to various companies with a need for increased security. The past two weeks have seen the stock increase in price following a press release on March 14th detailing the company’s planned ad campaign to take place in New York City. On March 11th the stock closed the week at $0.42, yet after the announcement the stock closed the week of March 18th at $0.54; up 28.57% while reaching highs of $0.67 on March 16th.
$NXTD, $COOL, $NETE, $GBSN

Rocky Mountain High Brands, Inc. (RMHB) Now OU Kosher Certified


Rocky Mountain High Brands, Inc. (OTC PINK:RMHB) announced today that the upcoming production run of Rocky Mountain High Beverages will be Kosher Certified by the oldest and largest agency, the Orthodox Union (OU).

 

The first independent kosher certification agency was founded by the Orthodox Union (OU) in 1924. Kosher certification expanded in the 1930s as major brands such as Coca-Cola sought certification to expand their market. When a product or establishment is certified kosher, shoppers know that the Company complies with a strict policy of kosher food laws including cleanliness, purity and quality.
The Orthodox Union’s Kosher Division headed by CEO Menachem Genack is the world’s largest kosher certification agency. The OU supervises more than 400,000 products in 8,000 plants in 80 different countries. From small manufacturers to food giants such as Kraft, ConAgra, Snapple and Tropicana, the kosher certification provides the highest standard of quality across the world. Integrity and only the highest compliance of kosher standards remain the very foundation upon which day to day activities in today’s rapidly changing environment.
Kosher food has become a big business. More than 10,000 kosher food-producing companies operate in the United States alone, making more than 135,000 retail products for some 12 million American consumers. Surprisingly, only about 8 percent of kosher consumers are religious Jews who only eat kosher food; the rest choose kosher food for reasons related to health, food safety, taste, vegetarianism and lactose intolerance, or to satisfy non-Jewish religious requirements. Whatever the mix of reasons, the U.S. Kosher market generates more than $12 billion in annual retail sales. In fact, more products are labeled Kosher than are labeled organic, natural or premium.
Jerry Grisaffi, Founder of RMHB, commented, “Rocky Mountain High Brands strives to deliver the best hemp-infused products possible. Being Kosher certified is a big step in assuring our customers that our products are in fact made of the best ingredients money can buy. As Rocky Mountain High Brands grow, we feel that our product quality is of the greatest importance. As a result, Rocky Mountain High Brands makes every attempt to guarantee that consumers have complete confidence in all of our product offerings.”

About Rocky Mountain High Brands:

Rocky Mountain High Brands is a pioneer in the hemp-infused food and beverage industry.  We currently offer five delicious hemp-based beverages that are 100% legal and refreshing!
Interested investors, our stock symbol is RMHB.

For ordering information please visit: www.RockyMountainHighBrands.com

For Rocky Mountain High Distribution Contact:

James Gang: (214) 763-0024
jim@rockymountainhighbrands.com

Visit us at Investor Hangout: http://investorshangout.com/Rocky-Mountain-High-Brands-Inc-RMHB-69150/

Investors Hangout is the only authorized Investors blog page for Rocky Mountain High Brands, Inc.