Thursday, May 26, 2022
High Yields Cannabis/Marijuana/ Weed News
  • Home
  • Cannabis Stocks
  • Cannabis Strains
  • Cannabis Laws
    • Marijuana Laws in All 50 States
    • International Marijuana Laws 2021
  • Product Reviews
  • Growing
  • Write for Us
No Result
View All Result
  • Home
  • Cannabis Stocks
  • Cannabis Strains
  • Cannabis Laws
    • Marijuana Laws in All 50 States
    • International Marijuana Laws 2021
  • Product Reviews
  • Growing
  • Write for Us
No Result
View All Result
High Yields
No Result
View All Result
Home Cannabis Stock Quotes & News

NUGL Inc. Announces $20 million Equity Raise to Kaya Group

Jeremy Vedder by Jeremy Vedder
October 5, 2021
in Cannabis Stock Quotes & News
0
NUGL Inc. Announces $20 million Equity Raise to Kaya Group

LOS ANGELES, CA , Oct. 05, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — NUGL Inc. (OTC: NUGL) (the “Company”), a search directory and multimedia platform for the cannabis industry, is pleased to announce it has completed the approval and publication of a Regulation A capital raise maximum in the amount of 20M USD.

The capital raise will fund the joint growth strategy into the respective countries of operation for Kaya Group and NUGL Inc. The 2022 budget, which will be announced by year-end 2021, includes and is not limited to the USA, Jamaica, Caribbean, and Uruguay. The expansion consists of NUGL’s global technology and media launch and Kaya’s cannabis products entering the US market, debuting in California.

READ ALSO

Resonate Blends Partners with California’s Top Licensed

Lifeist Announces Sale of Non-core Swedish Subsidiary

“We have slowly been introducing Kaya to the NUGL community with video, live interviews, and written articles in our digital magazine,” stated Ryan Bartlette, COO of NUGL. “We feel it is essential that Kaya is introduced organically to our community and our investors. Kaya is an amazing company that has built a fantastic brand with an even more incredible team, and we want our audience to hear Kaya’s story first-hand through NUGL’s media outlets.”

After the merger, NUGL / Kaya will be a global, multifaceted company with diverse revenue streams. The combined resources and expanded international exchange will give the companies significant growth opportunities to complement one another. The companies’ combined ownership of multiple markets, retail locations, technologies, and distribution facilities, paired with solid backing and options to operate in numerous countries, will efficiently address the best fit for their combined long-term growth.

Kaya is in the process of opening its 4th retail location located in Montego Bay. The spacey location includes a Café, Herb House cannabis store, a Higher Standards pop-up with a Vibes Rolling area complimented with a Square Grouper Bar and Pizzeria.

“We are very excited to be able to build out our footprint in countries like Cayman, Barbados, and the Bahamas in 2022 as more Caribbean countries decriminalize or legalize ganja”, stated Bali Vaswani Chairman and CEO of the Kaya Group.

Both companies are committed to finalizing the merger in the coming weeks.

About Kaya Group

Kaya is Jamaica’s leading vertically-integrated medical cannabis company with diverse operations headquartered in Ocho Rios, which includes a licensed cultivation facility with over 70 genetics, a processing facility, three retail dispensaries, and conditional licenses to transport and operate therapeutic wellness spas. The Kaya Group was the first to open a medical cannabis retail location in Jamaica in March 2018 and has since established itself as a leading supplier and exporter of medical cannabis throughout the Caribbean and South America through its ganja franchise with Quantum Ventures in Punta Del Este, Uruguay. (www.kayaherbhouse.com)

You can review all the latest features at nugl.com and nuglmagazine.com and download the new iOS and Android apps in the Apple App Store and Google Play Store.

For more information and updates, visit one of the links below.

Instagram (IG): https://www.instagram.com/nuglofficial/

Facebook (FB): https://www.facebook.com/nuglofficial/

Twitter (TW): https://twitter.com/nuglofficial/

LinkedIn (LI): https://www.linkedin.com/company/nuglofficial

YouTube (YT): https://www.youtube.com/c/NUGLMedia

Join our Newsletter: https://nugl.us16.list-manage.com/subscribe?u=219fe8bb6995a19827c9f36cb&id=dc46712578

NUGL Magazine: https://www.nuglmagazine.com

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 preceding. Such forward-looking statements generally start with the “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 outlined in, contemplated by, or underlying the forward-looking information. The company’s business plan addresses these factors in greater detail, along with NUGL’s current financial filings with the OTC Markets Group, Inc.

NUGL PR

714-383-9982

investorrelations@nugl.com



[Original Source]

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0

Related Posts

OG Kush: The Legendary Cannabis Strain Of All Time Reviews
Cannabis Stock Quotes & News

Resonate Blends Partners with California’s Top Licensed

May 26, 2022
Pharmagreen Taps Revenue Potential of Proprietary
Cannabis Stock Quotes & News

Lifeist Announces Sale of Non-core Swedish Subsidiary

May 26, 2022
Victory Square Technologies Provides Corporate Update –
Cannabis Stock Quotes & News

Ayr Wellness Reports First Quarter 2022 Results

May 26, 2022
Allied Corp. Initiates Additional Shipment of 200kgs of CBD
Cannabis Stock Quotes & News

Akerna Announces Results of Annual Meeting of Stockholders

May 25, 2022
OG Kush: The Legendary Cannabis Strain Of All Time Reviews
Cannabis Stock Quotes & News

Verano Celebrates Opening of Largest Zen Leaf Dispensary in

May 25, 2022
Eaze launches first dispensaries in San Diego and Santa Ana
Cannabis Stock Quotes & News

MJ Unpacked announces Las Vegas show this fall and partnership with Clio Cannabis Awards

May 25, 2022
Next Post
CBD Delivery, Too Good to Be True? Here’s What I Thought About CannaFlower

CBD Delivery, Too Good to Be True? Here’s What I Thought About CannaFlower

  • Trending
  • Comments
  • Latest
Monthly Spotlight: The Best of Plain Jane CBD

Monthly Spotlight: The Best of Plain Jane CBD

April 8, 2022
The Ultimate Dr. Dabber Stella Vaporizer Review for 2022

The Ultimate Dr. Dabber Stella Vaporizer Review for 2022

April 19, 2022
volcano hybrid review 2022

The 2022 Volcano Hybrid Vaporizer Review: All You Need To Know

May 23, 2022
The Utillian 5 v3 Wax Pen Review for 2022

The Utillian 5 v3 Wax Pen Review for 2022

March 27, 2022

The 7 Best Smell-Proof Weed Bags To Keep Your Bud Stash Safe

April 27, 2022
The Best Synthetic Urine Kit to Pass Your Drug Test in 2022

The Best Synthetic Urine Kit to Pass Your Drug Test in 2022

May 23, 2022
The 10 Best Smell Proof Backpacks for Weed in 2022

The 10 Best Smell Proof Backpacks for Weed in 2022

May 5, 2022
OG Kush: The Legendary Cannabis Strain Of All Time Reviews

Resonate Blends Partners with California’s Top Licensed

May 26, 2022
Former NFL Running Back Marshawn Lynch Launches Premium Blunt Brand

Former NFL Running Back Marshawn Lynch Launches Premium Blunt Brand

0
Major Marijuana Coalition Forms To Coordinate Legalization Push, But Some Key Advocacy Players Aren’t Involved

Major Marijuana Coalition Forms To Coordinate Legalization Push

0
MMJRecs - cannabis leaf

How Medical Marijuana Can Help Treat Sleep Disorders

0
Colorado Cannabis Sales Exceed $2 Billion in 2020

Colorado Cannabis Sales Exceed $2 Billion in 2020

0
OG Kush: The Legendary Cannabis Strain Of All Time Reviews

Resonate Blends Partners with California’s Top Licensed

May 26, 2022
Pharmagreen Taps Revenue Potential of Proprietary

Lifeist Announces Sale of Non-core Swedish Subsidiary

May 26, 2022
Lifeist’s Consumer-focused Roilty Brand Wins Coveted

Body and Mind Closes US$11.1 Million Debt Financing

May 26, 2022
HEXO Corp.’s Shareholders Overwhelmingly Approve Redecan

Item 9 Labs Corp. signs definitive agreement to acquire Sessions Cannabis, one of Canada’s largest cannabis retail franchisors

May 26, 2022

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • March 2020

Categories

  • 1933 Industries
  • 4front Ventures
  • Acreage Holdings
  • Ascend Wellness
  • Ayr Wellness
  • Body & Mind
  • C21 Investments
  • Cannabis Stock Quotes & News
  • Cansortium Inc
  • Captor Capital
  • Ceres Acquisition Corp
  • Chalice Brands
  • Columbia Care
  • Cresco Labs
  • CuraLeaf
  • Gage Growth
  • Glass House Brands
  • Green Thumb Industries
  • Grown Rogue International
  • Harborside
  • Item 9 Labs
  • Jushi Holdings
  • Lowell Farms
  • MariMed
  • MedMen Enterprises
  • News
  • Next Green Wave
  • Planet 13
  • Plus Products
  • Product Reviews
  • Red White & Bloom
  • SLANG Worldwide
  • Sol Global Investments
  • TerrAscend
  • TILT Holdings
  • Trulieve
  • Verano Holdings
  • Vext Sciences
  • Vibe Growth

Recent Posts

  • Resonate Blends Partners with California’s Top Licensed
  • Lifeist Announces Sale of Non-core Swedish Subsidiary
  • Body and Mind Closes US$11.1 Million Debt Financing
  • Item 9 Labs Corp. signs definitive agreement to acquire Sessions Cannabis, one of Canada’s largest cannabis retail franchisors

QR Code

NUGL Inc. Announces $20 million Equity Raise to Kaya Group
No Result
View All Result
  • Homepages
    • Home Page 1
  • News

© 2021 High Yields