NUGL Inc. (“NUGL” or “Company”) (US OTC: NUGL), announced today that it has accepted the resignations of Brandon Vargas, a Board member, and Curtis J. Melone, Director, Chief Operating Officer, and Interim Chief Financial Officer, effective December 12, 2022. Both Vargas and Melone’s resignation is not due to any disagreement with the Company on any matter relating to the Corporation's operations, policies, practices, or otherwise. Bali Vaswani, Founder of Kaya, will remain as the Chief Executive Officer and as a Board Member of NUGL.
About Kaya Group
Kaya is Jamaica’s leading vertically-integrated medical cannabis company with diverse operations headquartered in Ocho Rios, which includes a licensed cultivation facility with over 40 genetics, a processing facility, three retail dispensaries, and conditional licenses to transport and operate therapeutic wellness spas. The Kaya Group was the first to open a medical cannabis retail location in Jamaica in March 2018 and has since established itself as a leading supplier and exporter of medical cannabis throughout the Caribbean and Australia. For more information on Kaya please visit www.kayaherbhouse.com.
Instagram: https://www.instagram.com/kaya.inc/
About NUGL Inc.
NUGL is a cannabis business directory and search app that offers an unbiased platform for both businesses and consumers. Our app seamlessly blends with our digital and print magazine, and our cannabis friendly multimedia platform providing marketing opportunities for business profiles, in print, digital and video format. NUGL is community-driven, and together we’ve built a place where all things cannabis can be welcomed and enjoyed by all.
You can review all the latest features at nugl.com and nuglmagazine.com and download the new iOS and Android apps in the Apple App Store and Google Play Store. For more information and updates, visit one of the links below.
NUGL TV: NUGL TV
NUGL Magazine: NUGL Magazine
Instagram: NUGL Instagram
Facebook: NUGL Facebook
Twitter: NUGL Twitter
LinkedIn: NUGL LinkedIn
YouTube: NUGL YouTube
Join our Newsletter : Join NUGL's Newsletter
Forward-Looking Statements
Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the preceding. Such forward-looking statements generally start with the "plans," "anticipates," "expects," "believes," or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those outlined in, contemplated by, or underlying the forward-looking information. The company's business plan addresses these factors in greater detail, along with NUGL's current financial filings with the OTC Markets Group.
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David L. Kugelman
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