First Foods Group Launches New Brand and Signs an LOI with CBD Unlimited
Ryan Allway
August 14th, 2019
News
NEW YORK, NY, Aug. 14, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – First Foods Group, Inc. (OTCQB: FIFG) has announced today that it has launched its first hemp-based premium chocolate product line available now to consumers under the brand name, “Southeast Edibles.” First Foods has been eagerly anticipating the legalization of hemp-based products in the state of Florida, where it has been refining its chocolate edibles recipes in its state-of-the-art chocolate production facility since March of this year. First Foods has been thoroughly and thoughtfully working behind the scenes to position itself as a market leader who is ready and able to capture the nationwide chocolate edibles market.
First Foods strategic focus and tactical market positioning came to fruition on July 1, 2019 when Florida’s governor legalized hemp-based products. First Foods immediately responded to this historical event on August 9, 2019 by simultaneously launching its Southeast Edibles brand and signing a letter of intent with CBD Unlimited, Inc. (OTCQB: EDXC), which is a leading researcher, manufacturer and distributor of a wide range of CBD products that have been scientifically designed and tested to perfect the delivery of accurate CBD dosage.
“First Food Group is a creative and emerging brand that will help drive our consumable product category as the growth of the CBD marketplace is accelerating rapidly,” CBD Unlimited CEO & Chairman Todd Davis stated. “We look forward to this opportunity to collaborate with such a successful management team as we strive to provide consumers with a variety of superb products.”
“We have purposely followed a methodical approach to introducing our product lines to market. Identifying and vetting only the best teaming partners are key to our long-term success. CBD Unlimited’s scientific approach, loyal customer base and expanding market access gives us confidence that they are an ideal partner to help bring our products to discerning customers who demand quality chocolate edibles that have an exceptional taste and deliver a consistent and reliable dose of hemp-based ingredients,” according to Harold Kestenbaum, CEO and Chairman of FIFG.
Mr. Kestenbaum also states, “Over the past year, First Foods Group has structured and put to motion a team of first-rate professionals to develop and launch its luxury brands of gourmet chocolates with CBD infusions, which are uniquely positioned for widespread distribution to “Big Box” chains. The team has worked cohesively to cultivate distinctive product lines, brand identities, target audiences, web presence and ultimate market acceptance.”
Company management has been and remains singularly focused on creating their own chocolate from carefully selected raw materials, including cacao beans that come directly from well-established farms located throughout South America that enjoy long-standing, personal relationships with FIFG’s third-generation chocolatier. The Company’s Holy Cacao chocolate is infused with only the best hemp extracts.
Company executives selected Southeast Edibles as FIFG’s initial brand because it offers a broad spectrum of premium chocolate in dark, dairy free milk, and white varieties that are all available with different concentrations of CBD. The Company has featured Southeast Edibles in a brand-new website and e-commerce shop, which is positioned today to fulfill purchase orders from inaugural buyers from targeted states.
Readers should keep in mind that Southeast Edibles is just the beginning for FIFG. Company management is diligently working on targeting every segment of the market and plans to unveil their ultra-premium brand, “Purely Irresistible” in the near term. Stay tuned.
About First Food Group, Inc.
First Foods Group, Inc. provides management services and funding options for emerging food brands and menu concepts. First Foods Group, Inc. is also growing its own new concepts, both through proprietary development and through mergers, acquisitions, and licensing arrangements. First Foods Group has assembled a team of distinguished food service professionals with experience and success at the highest levels of the industry.
About CBD Unlimited, Inc.
CBD Unlimited. Inc. develops and distributes all-natural products from the cannabis sativa L plant (hemp) with less than 0.01% THC. Its products range from oils, capsules, topicals, and pet products, all with the shared purpose of high therapeutic value. The science behind these products involves nearly a decade of research and experiments in order to perfect the accuracy in dosage and delivery of absorption per serving.
In order to provide conformity with federal and state mandates, the company has incorporated its “Gorilla-Tek” platform into their business practices. The Gorilla-Tek platform is the first standardized hardware agnostic and software solution that tracks high-risk, high-shrink, regulated and restricted products maintained under federal/state/local regulations. The platform provides asset protection, inventory management, compliance and an “end of sale” technology integration. Gorilla-Tek is tremendously efficient, as it provides up-to-the-minute accounting and product details and GEO-location for consumer apps. Gorilla-Tek increases productivity, while reducing costs for retailers and costs in time for customers.
Safe Harbor Notice
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the company’s business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company’s periodic filings with the Securities and Exchange Commission. The company undertakes no obligation to update any forward-looking statements.
Contact: For further investor and media information, contact: COMPANY: First Foods Group, Inc. Contact: 201-471-0988; info@firstfoodsgroup.com
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
Search CannabisFN
Press Coverage
Psychedelics Index
Top Videos
Watch CFN Media’s exclusive three part interview with Paul Rosen, one of the most active and diversified investors in the emerging cannabis industry. Paul gives his insights on the global cannabis industry and discusses his new endeavors. Become a CFN Media Client Paul Rosen is a noted career entrepreneur and management consultant. Over the last […]
Matthew Nordgren is an ambitious executive, dedicated philanthropist, and accomplished athlete who brings a unique passion to creating strategic alliances. He has breadth and depth of experience in finance, corporate development, and capital sourcing, as well as in building highly motivated teams of skilled professionals. In 2005, Mr. Nordgren received his education at the University […]
Planet 13 Holdings Inc. (CSE: PLTH) is a vertically integrated cannabis company based in Nevada, with award-winning cultivation, production and dispensary operations in Las Vegas – the entertainment capital of the world
Network Partners
About CFN Media Group
CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.
Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.
Copyright © Accelerize Inc. · All Rights Reserved · Privacy Policy · Legal Disclaimer
