Subject: RXMD Announces September Conitnues Streak of Strong Revenues and Year to Year Growth Too

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RXMD Announces September Conitnues Streak of Strong Revenues and Year to Year Growth Too
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Company: Nightfood Holdings Inc. (Pink Sheets: NGTF)


Price: 0.2923

Change (%): + 0.0024 (0.81)

Volume: 427,501
NGTF Chart

MJ Munchies Entering THC and CBD Beverage Space with Half-Baked Shots and Drinks

Tarrytown, NY, Oct. 16, 2018 (GLOBE NEWSWIRE) - via NEWMEDIAWIRE - MJ Munchies, Inc., a wholly owned subsidiary of Nightfood Holdings, Inc. (OTC: NGTF), has announced entry into the THC and CBD beverage space with its Half-Baked brand.

The Company has signed commitments to move forward with the introduction of Half-Baked branded edibles in California in January. In addition, Management intends to leverage the Half-Baked name across a line of beverages, also to be introduced in 2019 Q1. Discussions are underway with potential manufacturing and distribution partners.

Statistics show that new and recreational marijuana users prefer consumption options other than smoking. MJ Munchies intends to capitalize on the trend towards edibles and beverages with innovative products in both categories.

Management has previously stated that it plans to launch uniquely differentiated edibles products with proprietary and patent protected ingredients. The Company believes that doing so will enable it to deliver unique benefits to consumers of Half-Baked products, therefore establishing a more powerful and more valuable brand.

“There are many companies out there scrambling to get to market with ‘me-too’ products,” explained CEO Sean Folkson. “When we reveal our patent application and the uniqueness of what we’ve developed, people will understand why it would take a few months longer. I believe they will also see a clear, differentiated, and sustainable competitive advantage for the Half-Baked brand in the edibles space. As the nation continues to trudge towards national legalization and legal interstate commerce, we will be both busy and strong when it matters most.”

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