TOTALLY HEMP CRAZY (OTCMKTS:THCZ) had a record-breaking session yesterday after the company cheered the shareholders’ with news of accomplishing largest quarterly revenues ever. The company credited the achievement to its robust sales and an every expanding distribution base. Over and above this, the company also made a note of some of the remarkable achievements during its first quarter of sales.
First-quarter achievements
The company informed its investors that it had successfully rolled out four new flavors of the drink in the marketplace, while online ordering was enabled on e-commerce platforms such as Amazon.com, Ebay.com, and Walmart.com. TOTALLY HEMP CRAZY (OTCMKTS:THCZ) proudly announced that it had added nearly twenty-one distributors across the nation for its Rocky Mountain High hemp-infused beverages, while its product has registered presence in thirteen states. Given the high rate of demand, the company boasted production of more than 1,700,000 cans till date.
On top of this, TOTALLY HEMP CRAZY (OTCMKTS:THCZ) also disclosed its expansion plans stating that it has initiated discussions with several countries for distribution of its Rocky Mountain High products. It added that sample products had been shipped to multiple countries in pursuit of expansion to those regions.
Forward plans
Apart from noting the achievements, TOTALLY HEMP CRAZY (OTCMKTS:THCZ) also presented forward-looking objectives to its shareholders, which are targeted during the next six months. The company said that it intends to up list to OTCQB and aims to attain revenues of over one million by the summer. The company has also included goals of distribution across the continental U.S. as well as international distribution in its list. Also, the company plans to explore and launch additional hemp-based products. It also looks forward to associating with big box retailers to accelerate the sale of its beverages to both businesses and consumers.
The update from TOTALLY HEMP CRAZY (OTCMKTS:THCZ) drove its stock price higher by 41% to $0.148 during the previous trading session, when nearly 5.25 million shares changed hands.
