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TURNING POINT BRANDS, INC.

(TPB)
  Report
Delayed Nyse  -  04:00:02 2023-06-02 pm EDT
22.11 USD   +1.33%
05/16Turning Point Brands, Inc. Enters into an Amendment to the Revolving Credit Agreement Governing the Company’S Secured Revolving Credit Facility
CI
05/05Turning Point Brands, Inc. : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
05/05Declaration of Voting Results by Turning Point Brands Inc
CI
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CapitalGainsReport: RLBD Updates Corporate Website

03/01/2022 | 04:15am EDT

Real Brands, Inc. (OTCMKTS:RLBD) recently launched a brand new user-friendly corporate website. The website displays the company:

-Purpose

-Products

-Proprietary Technology

-Brands

-Management

-and more

RLBD is a producer, processor, and developer of hemp-derived CBD consumer brands. Its brands include:

-PHAZE Sports

Created to help athletes with each phase of the daily grind. The PHAZES - Rise, Compete, Recover and Sleep. The company has 8 SKUs with more on the way.

-American Standard Hemp

A producer of CBD oils and gels.

-WA Cosmedics

A Japanese-inspired cos'medic' brand offering CBD creams, lotions and balms that bring calming and healing properties to the skin.

-Zen Pets

RLBD's line of 'Zero THC' hemp-derived CBD pet products provides relief to pets.

RLBD also mentions two new divisions on the horizon:

-Teetime Wellness

A golf-focused brand designed to aid in the physical recovery and preparation, as well as the mental side of the globally popular pass time.

-CannaClear Skin

A three-stage system of cream treatments for inflamed facial skin. developed by RLBD's Cheif Scientific Officer Adel Rammal.

This website is the latest in Real Brands' re-branding and corporate overhaul. The company has already updated its filings including a Form 10 with the goal of up listing.

MORE ABOUT RLBD

RLBD is in several massive markets:

Health and Wellness which is projected to exceed $6 Trillion by 2025

CBD to hit $20 Billion over the same time period

CBD Beverages $1.3 Billion, with a 43% CAGR

The company boasts an experienced C-suite and a Board with executive talent and independent directors experienced in science, consumer-packaged goods, and capital markets.

Turning Points Brands, Inc. (NYSE: TPB) is RLBD's largest shareholder with a 23% stake, this investment could grow as TPB looks to increase its stake in CBD.

Make sure RLBD is on your watchlist.

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The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled.

CONTACT: Mark McKelvie

editorcapitalgainsreport@gmail.com

(754) 233-0966

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

Stocks mentioned in the article
ChangeLast1st jan.
REAL BRANDS, INC. -15.38% 0.0077 Delayed Quote.-12.99%
TURNING POINT BRANDS, INC. 1.33% 22.11 Delayed Quote.2.22%
All news about TURNING POINT BRANDS, INC.
05/16Turning Point Brands, Inc. Enters into an Amendment to the Revolving Credit Agreement G..
CI
05/05Turning Point Brands, Inc. : Submission of Matters to a Vote of Security Holders (form 8-K..
AQ
05/05Declaration of Voting Results by Turning Point Brands Inc
CI
05/05Turning Point Brands, Inc. Elects Rohith Reddy as Director
CI
05/04TURNING POINT BRANDS, INC. Management's Discussion and Analysis of Financial Condition..
AQ
05/03Turning Point Brands Declares Common Stock Dividend
BU
05/03Turning Point Brands Declares Quarterly Common Stock Dividend, Payable on July 7, 2023
CI
05/03Transcript : Turning Point Brands, Inc., Q1 2023 Earnings Call, May 03, 2023
CI
05/03Turning Point Brands, Inc. : Results of Operations and Financial Condition, Regulation FD ..
AQ
05/03Earnings Flash (TPB) TURNING POINT BRANDS Reports Q1 Revenue $101M, vs. Street Est of $..
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Analyst Recommendations on TURNING POINT BRANDS, INC.
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Financials (USD)
Sales 2023 418 M - -
Net income 2023 37,7 M - -
Net Debt 2023 - - -
P/E ratio 2023 12,0x
Yield 2023 1,18%
Capitalization 389 M 389 M -
Capi. / Sales 2023 0,93x
Capi. / Sales 2024 0,90x
Nbr of Employees 413
Free-Float 84,8%
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Technical analysis trends TURNING POINT BRANDS, INC.
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 3
Last Close Price 22,11 $
Average target price 34,00 $
Spread / Average Target 53,8%
EPS Revisions
Managers and Directors
Graham A. Purdy President, Chief Executive Officer & Director
Louie Reformina Chief Financial Officer & Senior Vice President
David E. Glazek Executive Chairman
Christian Allen Senior Vice President-Information Technology
Sarah Evans Director-Scientific & Regulatory Affairs
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