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jedijazz

10/10/19 12:23 PM

#4513 RE: ProfitScout #4497

$NGTF Cannabis Cultivators Ramp Up Production to Satisfy a Growing Consumer Base ; Pasha Brands (OTC: $CRFTF) (CSE: CRFT),
Nightfood (OTC: $NGTF), Greenlane (NASDAQ: $GNLN), Neptune Wellness (NASDAQ: $NEPT) (TSX: NEPT), Aleafia Health (OTC: $ALEAF) https://www.prnewswire.com/news-releases/cannabis-cultivators-ramp-up-production-to-satisfy-a-growing-consumer-base-300934551.html

Nightfood Holdings, Inc. (OTCQB: NGTF), owns Nightfood, Inc. and MJ Munchies, Inc. MJ Munchies, Inc., a subsidiary of Nightfood Holdings, Inc. and Global Consortium, Inc. recently announced that the parties have entered into a Letter of Intent whereby Global Consortium subsidiary Infused Edibles would receive an exclusive license to manufacture and distribute marijuana and CBD-infused products under the Half-Baked™ mark owned by MJ Munchies. With commercial brands in the marijuana space increasingly frustrated by restrictive government advertising policies, both companies believe having the right brand name provides a distinct competitive advantage at retail in this rapidly-growing market. "We're excited to work with a company that shares our vision for national awareness and distribution," added MJ Munchies Chief Executive Officer Sean Folkson. "They have a track record of success in manufacturing and distributing a varied line of products that succeed at retail. We've been working on this for some time, which is why we have not been commenting publicly about the MJ Munchies side of our company. Now, the broad strokes are in place, and we're going to work together to quickly finalize the agreement."