NUGL Inc. (NUGL) to Purchase Professional Magazine Brand ‘Nichols Publishing Company’

October 17, 2018 11:33:38
  • NUGL will soon be finalizing the acquisition of specialized magazine company Nichols Publishing
  • Through the deal, NUGL will gain access to the publishing company’s well-established audience of both cannabis professionals and enthusiasts
  • The publisher’s purchase is just a first step in NUGL’s planned strategic expansion

NUGL Inc. (OTC: NUGL) is working toward the expansion of its business model through the purchase of Nichols Publishing Company – a well-known brand that has been issuing specialized magazines like Professional Marijuana Grower and Garden & Greenhouse for over a decade.

On October 15, 2018, NUGL announced that it has entered into a binding letter of intent for the purchase of the publisher. The acquisition will occur after a 30-day exclusive due diligence period and…

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