DALLAS, July 17, 2017 (GLOBE NEWSWIRE) -- Rocky Mountain High Brands, Inc. (OTCQB:RMHB), a fully reporting
consumer goods company specializing in hemp-infused food and beverage products and a naturally high alkaline water, announced today
that the Company filed a Form 8-K with the Securities and Exchange Commission on July 14, 2017.
The Board of Directors approved an amendment to the Certificate of Designation for its Series A Preferred Stock
on July 14, 2017. The amendment changes the voting rights only of the Series A Preferred Stock from 1,200 votes
for every share of Series A Preferred Stock to 400 votes for every share of Series A Preferred Stock. The voting rights were
previously amended and increased on March 13, 2017 from 400 votes for every share to 1,200 votes for every share of Series A
Preferred Stock. The action, taken by RMHB’s Board on July 14, 2017, provides holders of its Common Stock a stronger voice in
the Company.
On July 5, 2017, RMHB’s Board of Directors approved a separate amendment to the Certificate of Designation for
its Series A Preferred Stock. The amendment changed the conversion ratio of the Company’s Series A Preferred Stock
from 1,200 shares of Common Stock for every share of Series A Preferred Stock to 100 shares of Common Stock for every share of
Series A Preferred Stock. The conversion ratio was previously amended and increased on March 13, 2017 from 100 shares of Common
Stock for every share of Series A Preferred Stock to 1,200 shares of Common Stock for every share of Series A Preferred Stock. This
action, taken by RMHB’s Board on July 5, 2017, decreased the potential dilution of the Company’s Common Stock for our shareholder
base.
The combined effect of these two separate actions by RMHB’s Board of Directors returned the voting rights and
conversion ratio of the Company’s Series A Preferred Stock to its position prior to the filing of the March 13, 2017 amendment.
About Rocky Mountain High Brands:
ROCKY MOUNTAIN HIGH BRANDS, INC., is a consumer goods company specializing in brand
development of health conscious, hemp-infused food and beverage products. The Company currently markets a lineup of four naturally
flavored hemp-infused beverages (Citrus Energy, Black Tea, Mango Energy and Lemonade) and a low calorie Coconut Lime Energy drink.
Rocky Mountain High Brands also offers hemp-infused 2oz. Mango Energy Shots and Mixed Berry Energy Shots. The Company recently
launched a naturally high alkaline spring water, Eagle Spirit Spring Water.
For interested investors, our stock symbol is RMHB.
For ordering information please visit: LiveRockyMountainHigh.com
For corporate information please visit: RockyMountainHighBrands.com
For information on our high alkaline water visit: EagleSpiritSpringWater.com
For Rocky Mountain High Distribution Contact:
Chuck Smith (972) 955-0964
chuck@rockymountainhighbrands.com
Visit us on Facebook: https://www.facebook.com/rockymountainhighbrands?fref=nf
Visit us on Twitter:
#GetYourHempOn
Visit us at Investors Hangout: http://investorshangout.com/Rocky-Mountain-High-Brands-Inc-RMHB-69150/
Investors Hangout is the only authorized Investors blog page for Rocky Mountain High Brands, Inc.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the
impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology,
equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel.
The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that
may arise after the date of this release.
Contact: Michael Welch, President and Chief Executive Officer michael@rockymountainhighbrands.com Investor Relations: Stuart T. Smith, CEO & President SmallCapVoice.Com, Inc. Phone: (512) 267-2430 Fax: (512) 267-2530 ssmith@smallcapvoice.com Jack Eversull, President The Eversull Group, Inc. Phone: (972) 571-1624 Fax: (214) 469-2361 jack@theeversullgroup.com
