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NxGen Brands Inc. Announces a Strategic Partnership with Infusion Biosciences Solutions Inc. for Development and Commercialization of Bio-Natural Health Products and Supplements with Hemp Extracts

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Fort Lauderdale, Florida–(Newsfile Corp. – February 9, 2022) – NxGen Brands Inc. (OTC Pink: NXGB) (“NXGB” or the “Company “) is pleased to announce that it has established a partnership with Infusion Biosciences Hemp Solutions, Inc. a US subsidiary of Infusion Biosciences, Inc. of Canada (“Infusion”). to develop and sell health and wellness products with hemp extracts obtained via a unique patent pending formula and process. The partnership will allow NxGen Brands to produce and ship via multiple resale outlets, online platforms, and various innovative product lines, resulting in Bio-Natural Oil formulations.

The Company’s alliance with Infusion Biosciences will provide Leafywell with breakthrough scientific technologies and years of research, allowing the Company to formulate novel supplements for the need states of modern lifestyle. Infusion’s proprietary extraction process is a critical differentiator in obtaining solvent-free whole plant extracts that will deliver the benefits that nature offers. Whole plant water extracts that contain natural phytocannabinoids, terpenes, and other plant nutrients allow total and effective delivery. Proprietary combinations of hemp oil and water extracts with other plant extracts produce topical and oral products with unique functions to support lifestyle needs such as sleep, relaxation, and focused energy.

The Company already has products developed and will be online in the online sales outlet: Leafywell.com, starting this coming Friday, February 10, 2022. NXGB will retail some of the products developed but the Company’s main goal is to create a subscription model that will enable recurring customers to benefit from membership perks, including special pricing, gifts, and access to new products before they are available to the general public. These perks or rewards are part of the sales model designed will be provided whereas a basic questionnaire and a custom formulation will be prepared and mailed. This strategic alliance also aims to interact with other companies and expand the possible licensing deal, focusing on combining its brands with medically licensed producers and shaping how future hemp and cannabis brands establish products in the United States.

NxGen Brands is ecstatic to join forces with a technology partner like Infusion. The Company’s innovative approach provides viable health consumption alternatives,” said Angel Burgos, CEO of NxGen Brands Inc. “We are exploring the preparation of All Natural products with phytocannabinoids and other phytonutrients from hemp and other beneficial plants. This alliance is a game-changer; we are here to provide the best supplements available on the market while ensuring “health and environment-conscious” products and ingredients as a base to minimize secondary aftereffects both for the customer and nature conscious.”

This partnership with Infusion brings Leafywell further along its strategic path of expansion and growth in targeting specific demographics of the health and wellness. For more information, customers can sign up at www.nxgenbrands.com or www.leafywell.com to be among the first notified when the offering becomes available.

About NxGen Brands, Inc.

NxGen Brands, Inc. owns a wholly owned subsidiary, NxGen Brands LLC dba: Leafywell. All information of the above information can be viewed by our visitors at our websites www.leafywell.com and www.nxgenbrands.com. Our pursuit is to leverage equity, acquire, merge, and or joint venture with early-stage companies in emerging industries, to stimulate growth, cash flow and increase broader distribution channels.

Our partners developed our newly added proprietary and licensed formulated processes and procedures at Infusion Biosciences (infusionbiosciences.com), NxGen Brands (nxgenbrands.com) or Leafywell (leafywell.com) will manage product updates and sales and for more information or to make bulk purchases, please contact [email protected].

For more information on “NXGB,” the corporation, please visit the corporate website at: https://www.nxgenbrands.com. To be added to the Company investor email list, please email [email protected] and add the subject line.

About Infusion Biosciences Solutions, Inc.

Infusion Biosciences Solutions Inc. is focused on developing products with whole plant extracts from certified industrial hemp and is a wholly owned subsidiary of Infusion Biosciences Inc. (Infusion”). Infusion is a biotechnology company focused on discovering and commercializing proprietary technologies by creating innovative means to deliver the experience and benefits of cannabis and hemp. Scientists at Infusion discovered the presence of, and developed methods to recover (APP Technology), water soluble forms of lipids (oils), including cannabinoids and terpenes, which naturally exist in the cannabis plants and can be delivered at scale in an ingredient known as Infuz2O. Its APP Technology is being commercialized in Canada and other international markets via its licensee Sproutly Inc., which trades on the CSE.

For more information, visit www.infusionbiosciences.com.

FORWARD-LOOKING STATEMENTS:

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital or our future financial performance. These statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, activity levels, performance, or achievements to be materially different from any future developments. Activity levels, performance, or achievements are expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve risks, uncertainties, and other factors which are, in some cases, beyond our control and likely will materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects our current views concerning future events and is subject to these and other risks, uncertainties, and assumptions relating to our operations, results of operations, growth strategy, and liquidity. We assume no obligation to update or revise these forward-looking statements for any reason publicly or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For a discussion of these risks and uncertainties, please see our filings with the OTC Markets Group Inc. Our public filings with the OTC Markets Group Inc are available from commercial document retrieval services and at the website maintained by the OTC Markets at https://www.otcmarkets.com/stock/NXGB/disclosure.

Contact: [email protected] | Phone: (888) 315-6339

SOURCE: NxGen Brands Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113267

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Ebang International Reports Financial Results for Fiscal Year 2023

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Blockchain

FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers

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fbi-warning-against-crypto-money-transmitters-‘appears’-to-be-aimed-at-mixers

A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.

The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.

Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.

The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.

As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.

Source: cointelegraph.com

The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.

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Blockchain

Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets

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Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.

The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.

Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.

As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.

Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.

Source: blockchain.news

The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.

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