Apple Rush Co., Inc. has signed a letter of intent to purchase Elev8 Hemp, LLC from Branded Legacy, Inc.

Elev8 Hemp is a wholly-owned subsidiary of Branded Legacy, Inc. that makes hemp and CBD coffees and teas. They were founded in 2016 with the launch of its first hemp coffee made of Guatemalan, Colombian and Brazilian beans. They have since grown into multiple flavors of hemp coffee, expanded into hemp tea, and launched a CBD infused whole bean coffee. 

"We believe Elev8 Hemp has a strong brand that we can further develop,” said Tony Torgerud, CEO of Apple Rush Co., Inc. “With our ability to handle much of the work in house, I believe we can really expand this coffee brand into many flavors, many CBD dosages, non-hemp and CBD coffees, and even expand into kratom coffee.”

Apple Rush is looking to do a name and symbol change to align with its current and future business. The purchase of Elev8 Hemp, LLC is inclusive of all preprinted packaging and intellectual property for coffees, allowing for immediate relaunch into online and brick-and-mortar retail.

"With Apple Rush Co. now providing delta-8 tinctures for us, the conversation came up about Elev8 Hemp,” said Brandon Spikes, chairman of Branded Legacy, Inc. “A few weeks later and here we are. As we have developed our CBD line through Spikes CBDX and recent acquisitions, we feel that Apple Rush will have great success in further development of Elev8 Hemp." 

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