First Foods Group, Inc. Sees New Revenue Streamlines come to Fruition

Rhea-AI Summary

First Foods Group, Inc. (OTCQB: FIFG) has announced new sales orders exceeding $100,000 from its recently appointed sales consultant. These orders include proprietary CBD chocolates and wellness products, marking a significant milestone for the company as it diversifies into multi-stream revenue streams. The CEO, Harold Kestenbaum, noted the increasing interest in their new product lines, bolstered by a growing E-commerce presence and over 50 retail stores now carrying their products. This strategic expansion indicates promising future growth for First Foods Group.

Positive

• New sales orders totaling over $100,000 indicate strong demand.
• Diversification into wellness products enhances revenue streams.
• CEO's optimistic outlook on future sales from new customers.
• Strong growth in E-commerce and retail distribution.

Negative

• None.

NEW YORK, March 26, 2021 /PRNewswire/ -- First Foods Group, Inc. (OTCQB: FIFG) a manufacturer and creator of high-end specialty hemp-based cannabidiol (CBD) edibles and Functional Chocolates, announced today it has received new sales orders from its newly appointed sales consultant.

Harold Kestenbaum, CEO of First Foods stated, "These orders totaling over $100,000 are comprised of sales of our proprietary CBD chocolates along with other wholesale sales of wellness and relaxation products which we have recently added to our product line. This represents a significant milestone for the Company and now makes us a multi-streamline revenue-generating business along with quarterly recurring orders expected from these new customers.  We hope that this initial sale from our line of wellness and relaxation products is a harbinger of additional future sales."

Mr. Kestenbaum continued, "First Foods' product lines consist not only of our high-end specialty CBD edible products, we are also continuing to create a diverse array of high-end health and wellness products that our clients can customize into elegantly packaged gift baskets. We have seen tremendous growth in the interest in our new product lines as we are ramping up our E-commerce side of the business, while we continue to grow on the physical retail side as well. We now have over 50 retail stores carrying our chocolate products.  The complete list of participating stores can be seen on our website under the "store locator" tab https://seecbd.com/pages/sca-store-locator.

About First Foods Group, Inc.

First Foods Group, Inc. provides management services and funding options for emerging supplement brands and menu concepts. First Foods Group, Inc. is also continuing to grow its own new concepts, both through proprietary development and through mergers, acquisitions, and licensing arrangements. First Foods Group has assembled a team of distinguished professionals with experience and success at the highest levels of the industry.

To learn more about First Foods, please visit our website: www.firstfoodsgroup.com. We routinely post information that may be important to investors in the News Room section of our website.

To learn more about our Southeast Edibles product line, please visit: https://southeastedibles.com/

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "hope", "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.  None of the content of any website referred to above is incorporated herein.

View original content:http://www.prnewswire.com/news-releases/first-foods-group-inc-sees-new-revenue-streamlines-come-to-fruition-301256802.html

SOURCE First Foods Group, Inc.

FAQ

What significant sales announcement was made by First Foods Group on March 26, 2021?

First Foods Group announced new sales orders exceeding $100,000 from their newly appointed sales consultant.

How is First Foods Group expanding its product offerings?

First Foods Group is diversifying its product line to include wellness and relaxation products alongside its proprietary CBD chocolates.

What is the expected impact of these new sales on First Foods Group's revenue?

These new sales orders are expected to contribute to a multi-stream revenue-generating business model for First Foods Group.

How many retail stores currently carry First Foods Group's products?

First Foods Group currently has over 50 retail stores carrying their chocolate products.

What is the stock symbol for First Foods Group?

The stock symbol for First Foods Group is FIFG.