NUGL Inc. (OTC: NUGL), the cannabis industry’s new standard of technology, this morning announced its finalization of an all-stock agreement to acquire Nichols Publishing. The move expands NUGL’s media footprint by adding “Professional Marijuana Grower” and “Garden and Greenhouse” media properties to its portfolio. Under the terms of the acquisition, Nichols Publishing will become NUGL Media Group, with Founder Robin Nichols serving as president of the new entity, identifying media property opportunities and taking an active role in the launch of NUGL Magazine.
“We are elated to add these two popular media properties to the NUGL universe and to expand our ability to help cannabis brands reach their target markets,” NUGL CEO Brandon Vargas stated in the news release. “We are growing rapidly in both readers and influence and will look to monetize and leverage these respected publications to the benefit of NUGL and its shareholders. Having Robin Nichols in-house and alongside CMO Ryan Bartlette is a true catalyst to our own organic expansion.”
To view the full press release, visit http://ibn.fm/aRyn8
About NUGL
NUGL is the world’s first cannabis search app built for the people, by the people. The company’s goal is to build the most user-friendly app experience in the cannabis industry by listening to its users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. NUGL doesn’t sell top-spot listings or fake reviews, so its 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, visit the company’s website at www.NUGL.com
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