Nightfood Holdings (OTCQB: NGTF), the innovative company addressing America’s $50 billion annual night snacking spend, today announced that it has established discussions with Food & Beverage directors at a few of the largest hotel chains and management companies in the US. This news follows the company’s recent announcement that it hired MSourceIdeas and Mr. Lionel Binnie to spearhead major distribution through the hotel pantry and college campus verticals. NGTF has already secured distribution with the leading snack distributor to the hospitality industry, making Nightfood available to hotels and college campuses throughout New England, Mid-Atlantic, the Midwest, the Carolinas, and the Rocky Mountain Markets. “The first thing we did is speak to people at the locations that have already made Nightfood available for sale in their freezers.” commented. I’ve personally been told by front desk operators in multiple locations that Nightfood was outselling legacy brands like Ben & Jerry’s and Haagen Dazs in that limited setting. Their order history supports those conversations,” Nightfood Holdings CEO Sean Folkson stated in the news release. “I’m surprised at just how much ice cream an individual hotel location can sell. On top of existing volume, we’re going to explore on-location marketing such as table tents, Nightfood branded key cards, and in-room materials which we believe can dramatically increase our velocities.”
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About Nightfood Holdings
Nightfood Holdings, Inc. owns Nightfood, Inc. and MJ Munchies, Inc. After manufacturing its first pint in early 2019, Nightfood ice cream has begun establishing a national footprint. The brand has now secured distribution in four of the top fifty supermarket chains in the United States. This includes over 100 locations of the Meijer supermarket chain throughout the Midwest, with concentration around the metropolitan areas of Chicago, Detroit, Indianapolis, Columbus, and Milwaukee, Lowe’s Foods, with 78 stores in the Carolinas, and Harris Teeter, with over 250 locations in North Carolina, South Carolina, Virginia, Georgia, Maryland, Delaware, Florida, and the District of Columbia. On Feb 8, 2019, it was announced that Nightfood ice cream won the 2019 Product of the Year award in the ice cream category in a Kantar survey of over 40,000 consumers. On June 26, 2019, Nightfood was named Best New Ice Cream in the 2019 World Dairy Innovation Awards. With the overwhelming majority of at-home ice cream consumption occurring in the hours before bed, Nightfood believes its sleep-friendly nighttime ice cream, formulated by sleep and nutrition experts, is the next evolution in the fast-growing better-for-you ice cream category. Market research giant Mintel identified nighttime specific food and beverages as one of their most “compelling and category changing” trends for the coming years. MJ Munchies, Inc. was formed in 2018 as a new, wholly owned subsidiary of Nightfood Holdings, Inc. to capitalize on legally compliant opportunities in the CBD and marijuana edibles and related spaces. The company is seeking licensing opportunities to market such products under the brand name “Half-Baked”, for which it has successfully secured trademark rights. For more information, or to enter the Nightfood(R) Ice Cream Giveaway to win a one-year supply of Nightfood ice cream and a brand-new freezer to store it in, visit the company’s website at www.Nightfood.com.
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