On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

NUGL Inc. (NUGL) Expands Internal Operations to Support Sales, Marketing Growth

  • As its range of media and tech activities grows, NUGL is working to expand its internal operations
  • The company has recently acquired two cannabis industry magazines and has launched its own culturally-based NUGL Magazine
  • NUGL is creating the first of its kind specialized community that will help cannabis industry entities connect with each other

To fuel better marketing efforts and to support sales, NUGL Inc. (OTC: NUGL), the cannabis industry’s new standard of technology, has expanded its internal operations, according to a company press release (http://cnw.fm/5Pmdk). The move is also intended to support the company’s newly launched NUGL Magazine.

As a part of the expansion, the company hired five new consultants who will be responsible for managing content distribution, increasing the effectiveness of the company’s online presence and overseeing national advertising sales.

Additionally, NUGL has announced several new marketing and sales positions. These include a regional sales representative for Los Angeles, a national sales representative and a digital marketing manager to monitor and expand the company’s online presence.

NUGL CMO Ryan Bartlette said that the company is growing fast and the monetization of this growth will begin in November 2018. Following the acquisition of Nichols Publishing Company and its two magazines at the middle of October, and the launch of the NUGL Magazine, the company will work on enhancing its digital footprint.

The new NUGL Magazine will cover the effects of the legal cannabis industry on everyday lives and culture. Topics from cooking to music trends will be addressed in relationship to the mainstream acceptance of cannabis.

Digital channels and technology are also beginning to play a major role in the legal cannabis industry. Software for supply chain management, artificial intelligence (AI) engines and ecommerce websites are all shaping up the face of the cannabis industry today.

NUGL is on the cutting edge of developing organic data analysis solutions that are focused on the cannabis industry. The company has accepted the challenging task of creating the largest cannabis business networking platform in the world. As cannabis ads are banned on other mainstream social networks, NUGL’s team has seen and seized an opportunity for specialized platform development (http://cnw.fm/1gMh9).

Currently, NUGL has its specialized search apps and an online directory – two solutions that aim to deliver unbiased search results through the complete elimination of paid top positioning or one-sided reviews. Both B2B and B2C applications have been made available to enable both type of connections within the digital realm.

Through its efforts, NUGL hopes to establish a virtual community that serves the needs of companies specializing in the legal cannabis sector and of consumers. Currently, this community is expanding rapidly because of the growing number of dispensaries, vape shops, service providers, lawyers, doctors and other brands specializing in the field.

The cannabis industry is generating a lot of interest because of its rapid growth over the past few years. Cannabis sales are projected to exceed $146 billion by 2025 (http://cnw.fm/Gipp0). Between 2018 and 2025, the global marijuana market is anticipated to achieve a massive CAGR of 34.6 percent (http://cnw.fm/6GtdS).

While medical marijuana is making the bulk of the sales right now, the legalization of recreational use in various states is also contributing to the growth of the sector. The recreational industry is projected to reach a volume of $8 billion by the end of 2018 (http://cnw.fm/LLs9x).

For more information, visit the company’s website at http://cnw.fm/NUGL

More from CannabisNewsWire

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.cannabisnewswire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

CannabisNewsWire (CNW)
Denver, Colorado
www.cannabisnewswire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

Archives

Select A Month

Official NewsWire Relationships

Alternative Products Expo Benzinga Cannabis Capital Conference Cannabis Business Summit & Expo 2019 Cannabis Drinks Expo Cannabis World Congress & Business Exposition Cannexpo Marigold PR MjMicro Conference New England Cannabis Network O'Cannabiz Conference & Expo Tether BudTender Tether BudTender Appreciation Week

CannabisNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 303.498.7722