SOURCE: Republic of Texas Brands, Inc.

Republic of Texas Brands, Inc.

February 27, 2014 11:05 ET

Republic of Texas Brands to Become Major Cannabis Products Distributor

DALLAS, TX--(Marketwired - Feb 27, 2014) - Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) has received numerous inquiries from the investor base as to the plans of the company going forward. We would like to thank our investor base and creditors for being enthusiastic about the corporate changes and our strategy to become a profitable company as we emerge from bankruptcy. Our new corporate strategy is to market THC free cannabis based products and gain a strong foothold in the untapped Texas Market and expand into the Southern United States. Our intent to acquire Chill Texas will solidify Republic of Texas as the sole distributor of the product in the state of Texas. We are in active negotiations with several other companies with similar THC free cannabis product lines and will be adding them to our new website as the deals are finalized. We believe the State of Texas will enact Medical Marijuana laws in the near future and this will leave Republic of Texas as a major player with a firm foothold in the marketplace.

We have been addressing many of the bankruptcy issues and we are preparing to present our plans to the courts. We are most anxious to protect our shareholder base and it is management's best intentions to protect the creditors and shareholders and leave the share structure completely intact. We hope to emerge from bankruptcy sometime this spring.

About Republic of Texas Brands Incorporated:

Republic of Texas Brands Incorporated (RTXBQ) has a distinct unique brand and logo that captures the emotion attached to Texas and its independent attitude, recognized and loved around the world. Our mission is to find the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit.

To see the new direction the company is going please visit the company website at:

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. 

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