- Despite ongoing federal disdain for cannabis market, state-by-state efforts driving $9.2 billion industry with $47.3 billion outlook
- NUGL’s new search platform exceeded company’s expectations during first month since launch, gaining followers on social media daily and hundreds of company profiles
- NUGL’s search engine drives beyond location, allows brand and service searches without granting any favored status
Despite the U.S. federal government’s reluctance to legalize cannabis over the past several years or even encourage its use in scientific research, the medical marijuana industry has grown state-by-state and in other countries, along with a burgeoning acceptance of recreational marijuana use to such a point that consumers have become acquainted enough with cannabis to develop preferences for specialty strains and outlets. That consumer development parallels growing diversification within the cannabis industry, as companies step forward to fill a variety of service and product needs, and that, in turn, has created a niche for an enterprising cannabis industry search engine company named NUGL Inc. (OTC: NUGL).
NUGL bills itself as the world’s first cannabis search app built for the people, by the people. Its search platform is an efficient Firebase-built web app that its visionary team designed to link users not only to select dispensaries, but to the ever-growing network of ancillary services and branded products, including types of flowers, edibles, vapes and concentrates, which can be searched for wherever they may be located for purchase without biased results.
“This is one of the core competencies of why we built NUGL. The brand search is truly unique, and we feel it is the best and only one of its type in the industry,” Chief Technology Officer Jeff Odle stated in a news release announcing NUGL’s expansion into the cannabis market (http://ibn.fm/6sFSG).
“We have an edge over the competition. Everyone is fighting over the dispensaries and charging large sums of money for a simple listing. We have a much broader client base by expanding profiles far beyond dispensaries to include brands and services. The industry is growing and relatively untapped, so we will market to all of it,” Chief Marketing Officer Ryan Bartlette added.
NUGL was able to develop its web app quickly and design it to talk to Apple and Android app stores, giving it a running start at recognition in the B2B and B2P arenas. The company’s online user base and number of listings has grown at a pace surpassing expectations during the first month since its launch, drawing on a variety of marketing methods ranging from direct contacts to social media proselytization (http://ibn.fm/TT9HC).
“We are determined to grow the user base while expanding the company’s listings and profiles at the same time. It is a chicken before the egg scenario,” Bartlette stated. “NUGL is reaching thousands of users, hundreds of claimed profiles and is growing on both fronts daily. The NUGL Instagram has reached approximately 10,000 followers in one month and seems to have no end in sight.”
Arcview Market Research and BDS Analytics estimate that legal cannabis sales reached $9.2 billion in the United States last year, and the market is expected to explode to $47.3 billion by 2027 (http://ibn.fm/i8AUi). As the reach of NUGL’s app grows, the company gains a heightened sense of what cannabis consumers need and how to help them meet those needs. The company has added advanced filtering that allows users to search for the distinct features of greatest interest to them, and NUGL plans to launch its biggest feature yet in the coming weeks — an integrated menu with sharing capabilities.
The company serves international markets with no geographical limitations and provides a variety of revenue streams to help businesses build their profits.
For more information, visit the company’s website at http://ibn.fm/NUGL
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