LOS ANGELES, Dec. 03, 2018 (GLOBE NEWSWIRE) -- Uptick Newswire features NUGL Inc. (NUGL), the creator of cannabis search app, on their Stock Day Podcast to. NUGL is the only cannabis search app that offers equal and unbiased search results. The company’s Founder, C.J. Melone, talked with host Everett Jolly.
Jolly started the interview by asking Maloney about the company’s recent interest publication. Maloney explained NUGL had been looking for a magazine in the 420 space.
“We recently acquired Nichols Publishing. The reason we thought that was a good idea, and it’s turning out to be a great idea, the traffic on a publication is very complimentary to the traffic we are getting on the website. Our app is very utilitarian traffic. People go to the app for networking purposes, to find local dispensaries, use it to find strains and so forth. Then they leave. So, we’ve taken that traffic and combined it with the publication traffic which is more of a non-utilitarian set of eyeballs,” said Maloney.
Maloney went on to say the two fronts have given the users better content and gives the companies in the industry a place to advertise. Jolly noted that the last time Maloney was on Stock Day the company was pre-revenue, he asked for an update.
“The publications that we purchased are Garden and Greenhouse, which is a major publication in the hydroponics space, and Professional Marijuana Grower, which is more for the hobbyist. Both magazines are profitable and complimentary to the advertising we started doing on NUGL. We are launching NUGL Magazine and we are running ads on the apps and on the website. So, we went from non-revenue generating to a pretty big revenue injection.”
He said, as far as the software, they probably won’t begin charging for a few more months, so they can grow their user base. He believes it will be more profitable in the long run, to grab a bigger percentage of the cannabis market.
“Because we have such a wide base of cannabis professionals that we do businesses with,” explained Maloney, “we don’t have to charge a lot and we’ll be extremely profitable.”
Jolly then asked about what the future holds for NUGL. Maloney explained that after A/B testing the app they have put user feedback into their design.
“We just released a global menu you can share between profiles and we did so many upgrades to the app itself and just pushed a bunch of new features as recent as last weekend. So, now we are going,” said Maloney.
For the entire interview Stock Day go here: https://upticknewswire.com/featured-interview-technical-engineer-cj-melone-of-nugl-inc-otcpink-nugl-2/
To follow all NUGL’s progress and learn about investment opportunities here: http://www.nugl.com/invest.html
About NUGL
NUGL is the world's first cannabis search app built for the people, by the people. Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. We don't sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more. NUGL's flexible web app has no geographic limitations and can rapidly connect cannabis companies, related vertical services and users. The NUGL iOS and Android app brings a powerful cannabis search tool within reach of anyone, anytime, anywhere with the ease of a smartphone.
Learn more about the company here: http://www.nugl.com/about.html
Contact Information:
Website: www.nugl.com
Email: info@nugl.com
Phone: (714) 383-9982
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Additional information concerning these and other risk factors are contained in the Company’s most recent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
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