QualityStocksNewsBreaks – NUGL Inc. (NUGL) Enters LOI to Acquire Nichols Publishing Company, Inc.
NUGL Inc. (OTC: NUGL), the cannabis industry’s new standard of technology, this morning announced its entry into a binding letter of intent to purchase Nichols Publishing Company, Inc., an Iowa-based corporation that publishes industry-known magazine publications such as the Professional Marijuana Grower and Garden & Greenhouse. “Each magazine has a specific audience that is complementary to the NUGL business model,” Ryan Bartlette, CMO of NUGL, stated in the news release. “The NUGL community is made up of businesses and enthusiasts, so these publications are a perfect fit for us. Their reach will expedite getting the word out about NUGL and…