RMHB - Rocky Mountain High Brands, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0490
+0.0010 (+2.08%)
At close: 3:58PM EDT
Stock chart is not supported by your current browser
Previous Close0.0480
Open0.0485
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0460 - 0.0510
52 Week Range0.0445 - 0.3300
Volume316,406
Avg. Volume664,453
Market Cap5.947M
Beta (3Y Monthly)-0.40
PE Ratio (TTM)N/A
EPS (TTM)-0.0340
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire

    Rocky Mountain High Brands Production Update

    DALLAS, Sept. 11, 2019 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a healthy lifestyle Company specializing in high-quality health and wellness products, announced today.

  • GlobeNewswire

    Rocky Mountain High Brands Announces an Agreement with Water Event Pure Water Solutions to Distribute Hemp-Derived CBD Products for Home and Office Delivery

    Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management Company specializing in high-quality health and wellness products, announced today it has entered into an agreement with Water Event Pure Water Solutions (“Water Event”) of Carrollton, Texas to distribute hemp-derived CBD products to its expanding 15,000 home, office, and retail customer base. Established in 1971, Water Event is independently owned and operated by Brian Rose, who has been in the home and office water delivery business for over 34 years.

  • 7 Penny Marijuana Stocks That Are NOT Cheap Stocks
    InvestorPlace

    7 Penny Marijuana Stocks That Are NOT Cheap Stocks

    The allure of investing in penny stocks can be quite strong. Every investor has dreams of putting a few thousand dollars in a penny stock and becoming a millionaire when it goes to $100 per share.But you need to be careful. Things aren't always as they seem. Just because it is a penny stock, it isn't necessarily cheap. Companies are typically valued by taking the assets and subtracting the liabilities. Assets consist of things such as cash, property, and inventories. Liabilities consist of things such as debt and loans, salaries, and taxes. These values are easily found on the company's balance sheet.You can also look at the Total Debt to Total Assets ratio. If it is greater than 1, consider it a major red flag. This means liabilities exceed assets.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe following 7 marijuana stocks all have terrible valuations. In other words, their liabilities are greater than their assets. If you are considering investing in penny stocks, this is something that I believe you should take a look at. Does it make sense to invest your money in companies that are essentially bankrupt? * The 7 Top Small-Cap Stocks Of 2019 I'm not saying that you can't make money investing in them. But you don't need to be Warren Buffet to understand that companies that have value and make money will outperform companies with negative valuations that lose money. Penny Stocks: Players Network (PNTV)Players Network (OTCMKTS:PNTV) is involved in the creation of digital networks and broadband distribution. It also grows and processes medical marijuana. And no, I'm not exactly sure how these two seemingly very different businesses are related.Maybe this strange mix is why this company has been such a loser. Last year it lost over $1 million. According to the balance sheet, the total assets of the company are around $1.2 million and the total liabilities are $11.5 million. That means this company has value of -$10.6 million. Despite this, it has a market capitalization of $17 million. Indoor Harvest (INQD)Indoor Harvest Corp (OTCMKTS:INQD) designs and builds fixtures and equipment for the indoor farming industry.This seems like a great industry to be in, but unfortunately things aren't working out so well for INQD. The company's market cap is less than $1 million. This isn't surprising considering that that it only has $200,000 in assets and $2.6 million of liabilities giving it a total value of negative $2.3 million. * The Top 8 Tech Stocks of 2019 (So Far) Last year it posted a loss of $3.3 million and in 2017 the reported loss was $4.4 million. Abattis Bioceuticals (ATTBF)Abattis Bioceuticals (OTCMKTS:ATTBF) is an agricultural and biotechnology company. It invests in technologies and biotechnology services for the legal cannabis industry in Canada.Despite how cool this business description sounds, this company losses a lot of money.Like most of these little penny stock companies, information on ATTBF was hard to find but I think they have lost more than $20 million between 2014 and 2017, an average of $5 million annually. The most recent reported assets were $1.2 million with liabilities of $440,000. This gives it a valuation of about $700,000. It is typically not a good thing when a company post losses that are more than 5 times its valuation. Blue Line Protection Group (BLPG)Blue Line Protection Group (OTCMKTS:BLPG) provides protection, transportation, banking and training services for the legal cannabis industry. This is a fancy way of saying that they are in the security business.Unfortunately for Blue Line they may not need protection for themselves because they probably don't have anything worth stealing. BLPG lost $1.25 million last year. In the prior four years, it lost a total of about $9 million. * 7 Stocks to Buy for the Same Price as Beyond Meat The assets are just $700,000 while the liabilities are $4.2 million. This gives it a total valuation of negative $3.5 million. GreenGro Technologies (GRNH)GreenGro Technologies (OTCMKTS:GRNH) is involved in the sale of greenhouse systems. The company also sells hydroponic supplies at its retail store in Anaheim, California. They sell pretty much anything you could need if you want to build a greenhouse or an indoor growing system.Considering the rapid growth of the cannabis markets, it is reasonable to believe that this would be a great business to be in. Unfortunately for GreenGro, this has not been the case. Last year it lost $3.7 million. In 2017 the loss was $8 million. With assets of $4.6 million and liabilities of $6.6 million, the value is negative $2 million. Rocky Mountain High Brands (RMHB)Rocky Mountain High Brands (OTCMKTS:RMHB) is a lifestyle brand management company. Their products include cannabidiol and hemp-infused products such as spring water and protein drinks. This is and old company with origins going back to 1968. It seems like in all that time they haven't learned how to make consistent profits. Last year the company lost $3.4 million and in 2017 losses were $9.3 million. * 10 Best S&P 500 Stocks to Buy For the Rest of 2019 With assets of $1.4 million and liabilities of $2.1 million, the valuation is about negative $500,000. Sugarmade (SGMD)Sugarmade (OTCMKTS:SGMD) is a distributor of paper products. The company recently announced plans to enter the hemp extraction technologies and equipment market.SGMD has unfortunately not been too sweet to its shareholders. This company hasn't made money in years and the trend seems to be getting worse. In 2016 it lost $2.5 million and it 2017 the loss was $4.7 million. Last years loss of $6.3 million was even worse. It is no surprise that SGMD has a negative valuation. With assets of $2.2 million and liabilities of $12.4 million, the valuation is negative $10.2 million.As of this writing, Mark Putrino did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Top Small-Cap Stocks Of 2019 * Critical Levels to Watch in 7 Marijuana Stocks * 5 Smaller Cloud Stocks That Have Plenty of Potential Compare Brokers The post 7 Penny Marijuana Stocks That Are NOT Cheap Stocks appeared first on InvestorPlace.

  • GlobeNewswire

    Rocky Mountain High Brands Announces Clarification Regarding Lipari Foods

    DALLAS, June 28, 2019 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management Company specializing in high-quality health and wellness.

  • GlobeNewswire

    Rocky Mountain High Brands Announces New Venture on Hemp-Derived CBD-Infused Chocolates

    Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management Company specializing in high-quality health and wellness products, announced today the Company has entered into an agreement with How Sweet It Is Fudge and Candy Company (“How Sweet It Is”) of Holt, Michigan to manufacture hemp-derived CBD-infused chocolates, hard candies, and baked goods for distribution throughout the United States. Under the agreement, Sweet Rock, LLC (“Sweet Rock”) was organized with two members.

  • GlobeNewswire

    Rocky Mountain High Brands Announces Broker Agreement with Carlin Group

    Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management Company specializing in high-quality health and wellness products, announced today that the Company has executed a Broker Agreement with Carlin Group to represent its product line to the retail market.

  • GlobeNewswire

    Rocky Mountain High Brands Announces Participation in EarthX on April 26th, 27th and 28th at Dallas Fair Park

    DALLAS, April 25, 2019 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHBD), a fully reporting lifestyle brand management Company specializing in high-quality health and wellness.

  • 4 Marijuana Penny Stocks That Could ‘Double’
    InvestorPlace

    4 Marijuana Penny Stocks That Could ‘Double’

    We all know that legal cannabis markets are booming and pot is increasingly being accepted into our society. There seem to be countless advertisements courting subscribers to this or that service for marijuana penny stocks that have, allegedly, doubled or tripled in price. But you need to be careful and treat any advertisements touting great investment performance with a grain of salt. I shouldn't have to tell you that this advertising can be very misleading.There can be statements that are technically true, but at best they're misleading … at worst, they're deceitful. Example: If a stock goes from 2 cents to 4 cents then technically it has gone up by 100%. However, this is not the same as a stock going from say $2 to $4 or $20 to $40.Consider the following. When someone buys or sells a stock "at market," they will receive the best price that currently exists in the market. If they are selling, they will get the highest price that anyone in the market is willing to pay. If they are buying, they will get the lowest price that anyone is willing to sell at. Suppose a stock is bid at 2 cents and offered at 4 cents. This means that the most anyone will pay for the stock is 2 cents, and the lowest anyone will sell it for is 4 cents.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNow, say someone sells 100 shares at the market and hits the bid. The last trade is two cents. Suppose one minute later someone else buys 100 shares at the market and pays the offer price. Now the last trade is four cents. This is +100% from the prior trade. The stock has apparently doubled, but in reality it hasn't moved! And if you paid 4 cents for your investment, you literally need to wait for the stock to double and the bid to become 4 cents just to break even!Just remember that if it seems too good to be true, it probably is. * 10 S&P 500 Stocks to Weather the Earnings Storm Here are four examples of seemingly legitimate companies whose stock prices would suggest otherwise. I'm not saying that you can't make money with them … it's not outside the realm of possibility. But neither is the chance that space aliens will invade tomorrow, enslave us and ship us off to work in some dilithium crystal mines on the other side of the galaxy. But I wouldn't bet on it, just like I wouldn't bet on these stocks.[A word of warning: Due to their extremely low prices these and other penny stocks can be very volatile. This makes them dangerous investments.] Marijuana Penny Stocks: Rocky Mountain High Brands (RMHB) Click to Enlarge The first one is Rocky Mountain High Brands (OTCMKTS:RMHB). RMHB refers to itself as "a publicly-traded, lifestyle brand management company that markets 'good for you' products to health-conscious consumers."It seems to be a "real" company, insofar as it has a decent-enough website and people apparently actually work there. But take a look at the stock.The last trade was at .0044. That is less than one cent!On the chart above, the highest price displayed on the X axis of the price scale is .018 … just under two cents.If you aren't aware of the scale, this chart can be very misleading. If it goes from .0044 to .0088 is that really a double? Is it the same as a stock going from $4.40 to $8.80 or $44 to $88? Absolutely not.Commissions, liquidity constraints and transaction costs will keep this from happening. The stock is not trade-able. Ubiquitech Software (UBQU) Click to EnlargeThis next gem is Ubiquitech Software (OTCMKTS:UBQU). The company considers itself a "multimedia, multi-faceted corporation focused on utilizing state of the art global internet marketing and traditional marketing to drive traffic to multibillion-dollar industries."To illustrate some of the misunderstandings of these types of markets, check out this ridiculous analysis from insiderfinancial.com:"Ubiquitech Software Corp might as well have found a way to reinvigorate its ailing prospects having taken a significant hit. The company is in the process of changing its name and has also decided to forego its cryptocurrency ambitions all in the effort of focusing on the hemp business. HempLife Today is the proposed name change that the company believes reaffirm long-term ambitions and plans.The restructuring drive appears to have caught investors' attention given the increased trading activity around the stock in recent trading sessions. While the stock is still languishing at all-time lows having lost more than 80% in market value, a high turnover in traded shares could as well signal a change in the direction of trade.The stock has started showing signs of bottoming out having spiked by more than 60% in recent trading sessions. After the recent spike higher, the stock faces immediate resistance at the $0.006 level on further movements on the upward.A rally followed by a close above the critical resistance level should reaffirm the emerging uptrend, setting the stage for the stock to continue climbing high. Below the $0.006 resistance level, the stock remains susceptible to further declines given the underlying bear trend and the fact that short sellers are still in firm control". * 10 Best Stocks to Buy and Hold Forever You have got to be kidding me. Resistance at six-one thousandths of a share? Short sellers in control? Apparently whoever wrote this drivel doesn't realize that in order to short a stock it needs to be marginable. Penny stocks are not marginable, so there are no short sellers in this market. Again, this stock is not tradeable and this analysis is completely invalid. GrowLife (PHOT) Click to Enlarge This is GrowLife Inc (OTCMKTS:PHOT). They say they are "a nationally recognized cultivation brand" that deals in hydroponics. Hydroponics are essentially a way of growing cannabis without soil, but with water, sand or even gravel. GrowLife provides this equipment to the grow houses that, well, grow the pot. They also supply lighting and "other cultivation supplies" for use in many environments, including for commercial use.The last trade was at .008. If it "rallies" to .016, did it really a double? On paper "yes." But as I mentioned earlier, percentages can be tricky, as they mask the true value when used in a misleading way. I'd much rather see a stock like Roku (NASDAQ:ROKU) double.In real life, could you actually make this trade with a meaningful amount of money? Not a chance. Green Cures & Botanical Distribution (GRCU) Click to Enlarge Last, but certainly not least we have Green Cures & Botanical Distribution Inc (OTCMKTS:GRCU). According to its website, Green Cures deals in infused drinks, which it considers "nutritional, botanical, sports and body care products." It doesn't have a brick-and-mortar retail presence, and it is currently focused on online sales to generate sales."From concept to production and distribution, Green Cures & Botanical Distribution Inc., is continuously creating and introducing products that promote a healthy lifestyle." Yeah, sure. One look at the stock and you'll think otherwise. * 7 Stocks to Buy for Spring Season Growth GRCU stock closed at .0029. If you wanted to invest $20,000 in it -- and were actually able to buy it -- you would be long 6,900,000 shares. That is more than 10 days worth of the average daily volume! It would not be possible to trade that many shares without affecting the price.As of this writing, Mark Putrino did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post 4 Marijuana Penny Stocks That Could 'Double' appeared first on InvestorPlace.

  • GlobeNewswire

    Rocky Mountain High Brands Participating in Spring Investor Summit in New York City

    DALLAS, April 01, 2019 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management Company specializing in high-quality health and wellness.

  • GlobeNewswire

    Rocky Mountain High Brands Announces Informational Podcast and Participation in Spring Investor Summit

    DALLAS, March 27, 2019 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management Company specializing in high-quality health and wellness.

  • GlobeNewswire

    Rocky Mountain High Brands Announces It Will Be Exclusive Supplier for Green Lotus Brand of Hemp-Infused Beverages and Announces Engagement of New Investor Relations Firm

    Under the Agreement, the Company will be the exclusive supplier to Texas Wellness for hemp-infused beverages for the Green Lotus brand. The Company will produce a Green Lotus Premium Sparkling Hemp Water in Watermelon and Grapefruit flavors, each containing 25 mg. of naturally occurring cannabinoids.

  • GlobeNewswire

    Rocky Mountain High Brands Announces Default Judgment Against LSW Holdings, LLC and Lily Li

    DALLAS, Feb. 08, 2019 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness.

  • GlobeNewswire

    Rocky Mountain High Brands Announces Doug Gillen Joins Company as Vice President of Sales

    DALLAS, Feb. 07, 2019 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness.

  • GlobeNewswire

    Rocky Mountain High Brands Announces SEC Form 8-K Filing for Co-Packing Agreement and Second Amendment to Master Manufacturing Agreement with CBD Alimentos SA de CV

    DALLAS, Jan. 25, 2019 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness.

  • GlobeNewswire

    Rocky Mountain High Brands Announces Update on Agreement with CBD Life

    DALLAS, Jan. 23, 2019 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness.

  • GlobeNewswire

    Rocky Mountain High Brands Announces Update on $3,500,000 Judgment Against Former Chairman of the Board

    Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness products, announced today an update on the Company’s Judgment obtained in the lawsuit in Dallas County District Court, Trial Court Case Number: DC-17-15441, (“District Court”) against its former Chairman of the Board, Jerry Grisaffi. Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, “In an effort to keep our shareholders informed of the status of our proceedings against Jerry Grisaffi, we asked our law firm, Cowles & Thompson, P.C., to draft the body of this press release from District Court records and to briefly explain the Court of Appeals process.  There appears to be some confusion in the market regarding this Judgment and the appeals process.

  • GlobeNewswire

    Rocky Mountain High Brands Announces First Purchase Order and Deposit from CBD Life; New Websites for Rocket High and California Beverages

    Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness products, announced today that it received the first purchase order and deposit from CBD Life for an initial test run of 2,000,000 cans of Rocket High, California Lemonade and California Black Tea. Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, “Approximately two weeks ago, CBD Life presented the Company with a preliminary purchase order for 2,000,000 cans of beverages for their use as sales samples in Mexico.

  • GlobeNewswire

    Rocky Mountain High Brands Joins U.S. Hemp Roundtable Board of Directors

    Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness products, announced today that it has been accepted as a member of the board of  the U.S. Hemp Roundtable (www.hempsupporter.com), a coalition of dozens of companies and major national grassroots organizations advocating for the full and permanent legalization of hemp in the United States. Hemp, also known as "industrial hemp", refers to varieties of the cannabis sativa plant with very low levels of the psychoactive compound, tetrahydrocannabinol (THC) (commonly defined as less than 0.3% concentration of THC) and a key input for the production of a vast array of consumer and industrial products. Michael Welch, President and Chief Executive Officer of Rocky Mountain High Brands, Inc., stated, “We were pleased to be approved to join the Board of Directors of the U.S. Hemp Roundtable and are anxious to participate in the important work that they do in promoting hemp and CBD legislation at the Federal and State levels.  With the 2018 U.S. Farm Bill anticipated to pass soon, there is still a lot of work to be done, both at the FDA and at the State level.  Forty states have passed hemp legislation, leaving more to rally, including Texas.

  • GlobeNewswire

    Rocky Mountain High Brands Announces Change to Distribution Strategy

    DALLAS, Dec. 10, 2018 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness.

  • GlobeNewswire

    Rocky Mountain High Brands President and CEO and Director of Operations Interviewed on In the Know with Brian Glenn on 620 AM KEXB Experts in Business; Discuss Making History as Sole Provider of CBD-Infused Beverages for Sale in Mexico

    DALLAS, Nov. 29, 2018 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness.

  • GlobeNewswire

    Rocky Mountain High Brands Makes History as the Sole Provider of CBD-Infused Beverages in Mexico and Welcomes Alejandro Montano Urdaneta, Director of International Business for CBD Life, to Its Weekly Podcast

    In a new major development, Rocky Mountain High Brands (RMHB) has been granted permission to be the sole provider of high-quality drinks containing cannabidiol (CBD) to be sold throughout Mexico by RCH Grupo’s subsidiary, CBD Life. It is the first time an American company has manufactured a hemp product in the form of beverages for sale in Mexico. RMHB’s line of drinks include Rocket High, an energy drink infused with CBD, and CBD-infused California Lemonade and California Black Tea.

  • GlobeNewswire

    Rocky Mountain High Brands Announces Meeting with RCH Grupo Executives in Mexico City and Delivery of Rocket High Samples

    DALLAS, Nov. 16, 2018 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness.

  • GlobeNewswire

    Rocky Mountain High Brands Announces Exclusive Multi-Level Marketing and Distribution Agreement with CJC Live Media

    DALLAS, Nov. 01, 2018 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness.

  • GlobeNewswire

    Rocky Mountain High Brands Announces Summary Judgment Against LSW Holdings, LLC, Allowing Cancellation of Series A Preferred Stock

    DALLAS, Oct. 31, 2018 -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness.