Monday, February 19, 2018 1:32:06 PM
Leighton has a long history of success in consumer snack product development
MJ Munchies, Inc., an NGTF wholly owned subsidiary, is a Nevada corporation formed in January of 2018 to exploit legally compliant opportunities in the CBD and marijuana edibles and related spaces. The Company intends to market some of these new products under the brand name “Half-Baked”. As this subsidiary was created subsequent to the end of the current reporting period, which concluded on December 31, 2017, its operations have no impact on the financial statements contained herein.
Since inception, MJ Munchies has applied for U.S. Trademark protection for its brand of Half-Baked snacks, currently under development. In addition, the Company has entered into a product development agreement with Abunda Foods, controlled by NGTF shareholder Peter Leighton, whereby Abunda will drive the development of new Half-Baked snack products intended to be marketed online and in dispensaries throughout the country. Abunda, and Leighton, have a long history of success in consumer snack product development, having successfully done product development work for clients such as Tiger’s Milk, Cascadian Farm, and National Beverage Corp.
https://ih.advfn.com/p.php?pid=nmona&article=76741834
Peter Leighton
Peter Leighton has quietly built a solid reputation working with smart and innovative clients. His insights and management experience delivers value. He knows what works and how to apply novel solutions. And he's created a model that works for entrepreneurial and mid-market growth companies.
Abunda was founded in 1997 by Peter Leighton, who brings nearly 30 years experience in consumer products, nutrition and biotechnology. Leighton has been responsible for some of the most successful brands on the market, and has been an early leader in the areas of functional foods and science-based nutraceuticals. He has held senior executive positions such as CEO at Advana Science, VP Marketing & Product Development at Natrol (NTOL), Vice President at Galileo Laboratories, SVP Marketing at Weider Nutrition (WNI) and Director of Marketing at InterHealth Nutraceuticals. He is also a frequent industry speaker and contributing writer for many publications.
http://www.abundasolutions.com/
Peter Leighton speaks at the Rock Star forum at Ingredia 2014, Las Vegas
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