Right on Brands (OTCMKTS:RTON) Stock is In Focus After The Recent News
Developer of broad line of hemp-based foods, beverages and new Delta-8 product line, Right on Brands (OTCMKTS:RTON) on July 30, 2021 announced agreeing to negotiations for the first licensed store opening in Austin, Texas.
Located in North Austin off Parmer Lane and Mo Pack Expressway, the store will commence operations by end of August 2021.
CEO Jerry Grisaffi of Right on Brands said that the firm welcomes collaborating with Marti Gorgol, having more than 25 years of experience in the retail sector for expansion of sales in the Austin area.
Grisaffi also said that the company is exploring locations in Miami area and hopes to have store very shortly. Further, he added that the firm will look at Dallas for a second location due to stupendous success in the area.
The company also confirmed on partnering with local distributor for having products placed in a branded biometric vending machine. While the first order was done to partners during the week and the machine will be operational in Florida shortly, the company is working with the same partner for placing products in St. Augustine, Florida.
The company also gave update on Rowlett, Texas being full due to walk-in traffic over several weeks.
Right On Brands also announced 10-K for the period ending March 31, 2021.