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.”
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.
