Curated News
By: NewsRamp Editorial Staff
May 14, 2024
Apple Rush Company, Inc. Secures Ownership of Corr Brands Trademarks
TLDR
- Apple Rush secures brand ownership, giving a competitive advantage in expanding the 'Rush' family of brands since 1972.
- The final details of brand ownership with Corr Brands, Inc. have been cleared, securing the rights and trademarks.
- The agreement solidifies the future of the 'Rush' family of brands, enhancing shareholder value and giving up royalties to benefit everyone.
- Apple Rush's historical closing on the rights and trademarks of Corr Brands, Inc. marks a significant milestone in the company's journey.
Impact - Why it Matters
The acquisition of the Corr Brands trademarks by Apple Rush Company, Inc. marks a significant milestone in the company's history, paving the way for the relaunch of iconic products and adding substantial value for its shareholders. This move positions the company as a leader in the natural beverage sector and sets the stage for future growth and expansion in the functional beverage industry.
Summary
Apple Rush Company, Inc. (Otcpink:APRU) has finalized an agreement with Bob Corr and Corr Brands, Inc., securing ownership of the Corr Brands trademarks. This move is expected to add significant value to the company and its shareholders, paving the way for the relaunch of the original Apple Rush flavor line and a new version of Ginseng Rush. With this acquisition, Apple Rush now owns the intellectual property without paying the $5,000 per state license, which is a substantial gain for stockholders. The company's CEO, Tony Torgerud, expressed enthusiasm about the future of the 'Rush' family of brands, which have been in the market since 1972.
The Apple Rush Company, Inc., a distributor of CPG products under the Apple Rush brand, Element brand, and other labels, aims to become a leader in the distribution of anhydrous hemp oil products nationwide. This historical agreement with Corr Brands, Inc. is a significant milestone for the company, solidifying its position in the functional beverage industry and setting the stage for future growth and expansion.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Apple Rush Company, Inc. Secures Ownership of Corr Brands Trademarks
