FORT LAUDERDALE, Fla., Feb. 8, 2021 /PRNewswire/ — NxGen Brands Inc. (OTC: NXGB) (“NXGB” or the “Company”), is pleased to announce that it has entered into a strategic alliance with Capital Cannabis Direct (“Partner”) a California company that owns a delivery network specializing in both medicinal and recreational cannabis. The partnership will allow the Company to deliver its own proprietary brands of flower and CBD products, and will be the first to use our delivery services applications slotted for Q2 2021. This service is for a SAAS licensing model for dispensaries across the country. The sale and delivery of recreational and medicinal cannabis is projected to see explosive growth through 2027, and this transaction allows the Company to be at the forefront of the projected wave.
The partnership will allow NxGen Brands to produce and ship via Capital Cannabis Direct licensed delivery network both existing SKU’s and Cannabis based edibles and topicals as an entry point into the industry.
“We are thrilled with our partnership given its innovative approach to creating a worry-free cannabis experience focused specifically on automation and discretion,” said Angel Burgos, CEO of NxGen Brands Inc. The Company feels that the partnership brings Leafywell™ further along its strategic path of expansion and growth in targeting specific demographics of the cannabis market. With the signing of the agreement in February, this enables us to fast track the operations setup and line up the offering to the customers for now and into the near future. “We have been patiently waiting for the next step in the evolution of our business and have been planning this upgrade for quite some time. It was of absolute importance for us to select a company that has access to growers that are committed to QA/QC oversight,” said Angel Burgos, CEO of NxGen Brands. “I can’t