LOS ANGELES, Oct. 30, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – NUGL Inc. (OTC: NUGL) (the “Company”), the cannabis industry's new standard of technology, today reports it has expanded internal operations to support sales and marketing growth as well as the anticipated launch of NUGL Magazine.
The newly created sales and marketing leadership positions within NUGL include:
- LA Regional Sales Representative;
- National Sales Representative; and
- Online Digital Marketing Manager.
Five new consultants have recently been added to the team as a part of this expansion. Collectively, the positions range from national advertising sales associates to internet traffic manager positions and national content contributors.
“We are growing fast, and November is the month to start monetizing our growth. We are creating a massive digital footprint with the acquisition of two magazines underway and the launch of NUGL Magazine. Our digital footprint offers something for all types of cannabis enthusiasts and the NUGL software is at the heart of all of it,” said Ryan Bartlette, CMO of NUGL.com.
NUGL has signed a binding letter of intent this month to acquire a 100% ownership interest in Nichols Publishing, which owns and operates Garden & Greenhouse and Professional Marijuana Grower, and now has launched their own culturally based magazine, NUGL Magazine (https://nuglmagazine.com/). Each magazine offers something different, allowing a wide range when it comes to reaching large audiences.
“NUGL Magazine covers how the cannabis industry effects everyday culture in our lives. Music, cooking, and even the job you go to everyday are now being influenced by cannabis. Cannabis is mainstream, and NUGL magazine is going to cover this,” said Bob Waters, V.P. of Sales for NUGL.
With the legalization of marijuana recently in Canada, technology is playing a big role in this industry, including everything from artificial intelligence in production, to software for supply chain management, to e-commerce sites for distribution and apps to help track usage. In a recent ITBusiness.ca article, it was stated, “With Bloomberg predicting $4.5 billion in sales by 2021 in the cannabis sector, there is a lot to be gained from entering the new cannabis industry, and companies across Canada are looking to cash in, from Canadian tech-giant Shopify, to local startups, these organizations are finding new ways to plant their seeds in the recreational cannabis market.”
As a software company in the cannabis space, and now having a national publication and another few in the works, NUGL is creating a media conglomerate built around a software application with potential for massive networking reach. This is an aggressive strategy that will allow its userbase to find multiple uses and content.
ABOUT NUGL MAGAZINE
Along with NUGL’s partnered publications – Professional Marijuana Grower and Garden & Greenhouse – NUGL Magazine covers the cannabis industry’s biggest news and how it effects the community at large. Our global contributors share real life stories about current cannabis issues and events. We share bios, news and advice straight from those who are actively participating in and shifting the cannabis industry. Whether it’s original compelling content or fan submissions, we seek to offer you the hippest trends, latest legislation, newest products and best of everything cannabis related!
NUGL and Nichols Publishing, an Iowa-based corporation that publishes Professional Marijuana Grower and Garden & Greenhouse, entered into a joint-venture marketing agreement 30 days ago.
“The synergies between the magazines and NUGL’s software are aligned perfectly. Previously, our userbase utilized our application to perform a function, and then they left. Now, we can give our userbase additional content and redirect NUGL traffic to the magazine and vice versa. Together, both companies will be stronger, and we plan to expand the magazines’ readership in a big way once the acquisition is complete,” said Bob Waters, V.P. of Sales at NUGL.
About NUGL
NUGL is the world’s first cannabis search app built for the people, by the people. Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. We don’t sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more. NUGL’s flexible web app has no geographic limitations and can rapidly connect cannabis companies, related vertical services and users. The NUGL iOS and Android app brings a powerful cannabis search tool within reach of anyone, anytime, anywhere with the ease of a smartphone.
For more information and updates, visit one of the links below.
Website: http://www.nugl.com/
Facebook: https://www.facebook.com/nuglapp/
Instagram: https://www.instagram.com/nuglapp/
Twitter: https://twitter.com/nuglapp/
LinkedIn: https://www.linkedin.com/company/nuglapp/
Newsletter: https://nugl.us16.list-manage.com/subscribe?u=219fe8bb6995a19827c9f36cb&id=dc46712578
Forward-Looking Statements
Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: "plans", "anticipates," "expects," "believes" or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in the company's business plan and filings with the OTC Markets Group.
Contact Information:
Website: www.nugl.com
Email: info@nugl.com
Phone: (714) 383-9982
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