Rocky Mountain High: Rocky Mountain High Brands Announces Restructuring Of Management And Initiatives

PLANO, Texas, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain High Brands, Inc. (OTC:RMHB) today announced a management restructuring of the Company, including additional initiatives to optimize the Company's capabilities and overall business performance. This strategic move marks a new chapter in the Company's growth and a broader vision for its future.RMHB has retained turn-round specialists well versed in the restructuring of small and large companies both private and public. A new focus will be directed towards cutting expenses, reducing debt and improving customer service along with supplying new operating funds. Through contacts and personal relationships, the consultants are able to jumpstart RMHB and its subsidiaries by maintaining proper finished goods inventory on their own brands and providing shorter lead times for private label customers' products below previous burden costs.Consultants with strong backgrounds in manufacturing, sales & marketing, finance, as well as a vast network of associates will be available to fast track the improvement of the Company's infrastructure including additional investment capital. The ability for RMHB to have high-volume, low-cost products available has already been put in place. Negotiations are underway with existing and new customers for this production to take place starting during the fourth quarter of 2024 with major revenue increases taking place in the first quarter of 2025.The consultants have complete control of all funds received from sales revenue, loans ...Full story available on Benzinga.com