Nightfood Holdings (OTCQB: NGTF), the fast-growing ice cream
company addressing America’s $50 billion nighttime snacking problem, this
morning issued an update regarding recent company developments. Per the update,
Nightfood has received and fulfilled an initial purchase order from its next
major distribution partner, a prominent division of a leading national
supermarket chain. The name of the supermarket chain will be announced as soon
as approval is granted. The product is anticipated to become available in over
200 new stores within the next two weeks. In addition, the company has
completed product development on two custom flavors for celebrity brand
ambassadors Michael Clifford, lead guitarist of 5 Seconds of Summer, and NFL
star cornerback Richard Sherman. Packaging for the first of the two celebrity
flavors has been finalized and ordered. “This has been a busy time of year with
tons of behind-the-scenes work being conducted as we build for the coming
months and quarters,” Nightfood CEO Sean Folkson stated in the news release.
“We’re communicating with over twenty chains, sending samples, booking
meetings. We’re excited to bring Nightfood into more stores here in 2019, and
in 2020, making it available locally in more sections of the country for an
excited and curious consumer base.”
To view the full press release, visit http://ibn.fm/SqHR2
About Nightfood Holdings
Nightfood Holdings owns Nightfood, Inc. and MJ Munchies,
Inc. 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 27, 2019, Nightfood announced it had won 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 significant 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. After manufacturing its first pint in early 2019,
Nightfood ice cream is quickly establishing widespread national distribution.
The brand has recently announced distribution in four of the top fifty
supermarkets 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,
as well as Lowe’s Foods, with 78 stores in the Carolinas. 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 they’ve successfully
secured trademark rights. For more information, or to enter the Nightfood® Ice Cream
Giveaway, visit the company’s website at www.Nightfood.com.
NOTE TO INVESTORS: The latest news and updates
relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF
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