Extraction agreement with Botany Evolution LLC to generate over $1 Million in annual profits
MELBOURNE, Fla., May 30, 2024 /PRNewswire/ -- Branded Legacy, Inc. (OTC.PK: BLEG) a leading innovator in kava extraction and formulation, is pleased to announce an exclusive extraction agreement with Botany Evolution LLC, a premier supplier of high-quality Kava rhizome. Botany Evolution, also known as Kava Depot, is one of the largest kava distributors and producers in the world, with self-owned farms throughout the South Pacific. This partnership aims to advance the production of superior kava extracts to satisfy the rapidly growing demands both in the wellness and recreational kava spheres.
Under the terms of the agreement, Royal Biotek will produce hundreds of kilograms per week of nanized, water-soluble 30% kava extract for Botany Evolution, resulting in an approximate annual profit of $800,000 or more. Additionally, Royal Biotek will produce a 70% kavalactone paste, which will conservatively yield an estimated profit of $325,000 annually. Combined, this collaboration is expected to generate a total annual profit of at least $1,250,000, leveraging the strengths of both companies to ensure the highest quality standards in kava extract production. These numbers reflect the initial stage of the contract, and it is expected that these figures will increase with time. The companies have also initiated dialogue concerning forthcoming white label projects such ...