NxGen
Brands, Inc.
Acquires
Controlling Interest In Licensed North East Cannabis Delivery
Service
Piff
Kings Is Presently Authorized To Operate Cannabis
Delivery
Services in Four
"4" of
States in the NE
United States.
Ft Lauderdale, FL -- June 3, 2021 -- InvestorsHub NewsWire
-- NxGen Brands, Inc.
(OTC:
NXGB) and Piff Kings LLC today
announced that they have closed an agreement, where NxGen Brands,
Inc. has acquired a 51% interest in Piff Kings LLC.
Piff Kings is one of
the leading on-demand
licensed Cannabis Delivery Service in the North East United States,
available and designed to be fully compliant with local and State
regulations. Website:
https://www.piffkings.com/
Currently, Piff Kings
is authorized to provide delivery services in
four "4" of
states, including
MA, CT,
RI &
NJ; and is planning to
file the appropriate paperwork to enter
into number of other states in the coming
weeks and months.
Piff Kings plans to
innovate and expand independently in this fast-growing and
compelling
sector,
and will also have access to the advanced mobile marketplace
technologies currently being developed by NxGen Brands Inc.
Customers of Piff Kings will be able to benefit from NxGen's
licensed advanced GPS technology being incorporated in to their
Cannabis Delivery Application. Piff Kings also intends to offer
rewards and subscription programs providing, even greater value to
consumers.
NxGen's CEO Angel
Burgos is quoted in saying, "Our goal is to make people's lives a
little bit easier and safer, by taking away the potential of
driving while impaired. This is one of the reasons why we've have
taken the initiative to develop this delivery
application."
He continued: "By
acquiring controlling
interest in Piff Kings, the company
believes it can accelerate Piff Kings
rate of
customer growth by incorporating our Cannabis Delivery App. and
further expanding their geographic presence."
The full agreement is
filed and available on the OTC
Markets
disclosure
website:
https://backend.otcmarkets.com/otcapi/company/financial-report/281115/content
About NxGen Brands, Inc.
NxGen
Brands Inc. is a multifaceted public company
comprised of essential business
industries that serve various market segments. Our competence lies
in the establishment of brands with specific target segments while
associating backend collaboration tactics to maximize our growth
and expansion. In alliance with our regional partners throughout
the US, we seek to establish partnerships within the nationwide
networks of related businesses in the industry, in anticipation of
required marketplace needs.
The
breakdown of our primary core business model includes, but is not
limited to, Health and Wellness products, secure delivery and
logistic services, CBD and Cannabis products, GPS tracking
technologies, remote authentication, and validation and secure
blockchain outputs.
Our
in-house ability and experience to engineer, design, manufacture,
develop, integrate, and go to market within the company structure
allows us to streamline processes and to determine the most
cost-effective way to establish the proposed market
share.
For more information on "NXGB" the corporation, please visit the
corporate website at
https://www.nxgenbrands.com.
To be added to the Company investor email list, please email
info@nxgenbrands.com with
"NXGB" in the subject line.
FORWARD-LOOKING STATEMENTS:
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 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
at https://www.otcmarkets.com/stock/NXGB/disclosure
Contact:
info@nxgenbrands.com
Phone: (888) 315-6339
SOURCE NxGen Brands Inc.
