Cannabis Dispensary Delivery Services Market Expansion via Existing Operators
NxGen Brands, Inc. (OTC: NXGB)
Cannabis Dispensary Delivery Services Market Expansion via Existing
FORT LAUDERDALE, FL -- February 8, 2021 -- InvestorsHub NewsWire
-- NxGen Brands Inc. (OTC:
NXGB) ("NXGB" or the "Company"), is pleased to announce that it
has entered into a strategic alliance with Capital Cannabis Direct
("Partner") a California company that owns a delivery
network specializing in both medicinal and recreational cannabis.
The partnership will allow the Company to deliver its own
proprietary brands of flower and CBD products, and will be the
first to use our delivery services applications slotted for Q2
2021. This service is for a SAAS licensing model for
dispensaries across the country. The sale and delivery of
recreational and medicinal cannabis is projected to see explosive
growth through 2027, and this transaction allows the Company to be
at the forefront of the projected wave.
The partnership will allow NxGen Brands to produce and ship via
Capital Cannabis Direct licensed delivery network both existing
SKU's and Cannabis based edibles and topicals as an entry point
into the industry.
"We are thrilled with our partnership given its innovative
approach to creating a worry-free cannabis experience focused
specifically on automation and discretion," said Angel Burgos,
CEO of NxGen Brands Inc. The Company feels that the partnership
brings Leafywell™ further along its strategic path of expansion and
growth in targeting specific demographics of the cannabis market.
With the signing of the agreement in February, this enables us to
fast track the operations setup and line up the offering to the
customers for now and into the near future. "We have been patiently
waiting for the next step in the evolution of our business and have
been planning this upgrade for quite some time. It was of absolute
importance for us to select a company that has access to growers
that are committed to QA/QC oversight," said Angel Burgos, CEO
of NxGen Brands. "I can't wait for customers to see the quality of
the products that will be available to the existing and the new
ones which will experience the offering that we have been working
on together with various labs throughout the United
States". For more information, customers can sign up
at www.nxgenbrands.com or www.leafywell.com to be among the
first notified when our offering becomes available.
About NxGen Brands, Inc.
NxGen Brands, Inc. owns a wholly owned subsidiary NxGen Brands
LLC dba: LeafyWell. Our websites can be viewed at www.leafywell.com and www.nxgenbrands.com. Our pursuit is to leverage
equity, acquire, merge and or joint venture with early-stage
companies in emerging industries, to stimulate growth, cash flow
and increase broader distribution channels.
Our newly added proprietary and licensed formulated products
included in the e-commercial, industrial, and residential cleaning
supplies, disinfectants, and sanitizers can be seen
at www.nxgenbrands.com or www.leafywell.com and for more
information or to make bulk purchases, please contact firstname.lastname@example.org.
For more information on "NXGB" the corporation, please visit the
corporate website at https://www.nxgenbrands.com.
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This press release contains forward-looking statements as
defined within Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements relate to future events, including our
ability to raise capital, or to our future financial performance,
and involve known and unknown risks, uncertainties and other
factors that may cause our actual results, levels of activity,
performance, or achievements to be materially different from any
future results, levels of activity, performance or achievements
expressed or implied by these forward-looking statements. You
should not place undue reliance on forward-looking statements since
they involve known and unknown risks, uncertainties and other
factors which are, in some cases, beyond our control and which
could, and likely will, materially affect actual results, levels of
activity, performance or achievements. Any forward-looking
statement reflects our current views with respect to future events
and is subject to these and other risks, uncertainties and
assumptions relating to our operations, results of operations,
growth strategy and liquidity. We assume no obligation to publicly
update or revise these forward-looking statements for any reason,
or to update the reasons actual results could differ materially
from those anticipated in these forward-looking statements, even if
new information becomes available in the future.
For a discussion of these risks and uncertainties, please see
our filings with the OTC Markets Group Inc. Our public filings with
the OTC Markets Group Inc are available from commercial document
retrieval services and at the website maintained by the OTC Markets
Phone: (888) 315-6339
SOURCE NxGen Brands, Inc.
NxGen Brands (PK) (USOTC:NXGB)
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