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Novation Holdings has launched Juicy Music Group, partnering with renowned DJ Robbie Rivera. This collaboration aims to expand the Juicy Music label, enhancing artist acquisition and music production. Founded in 1997, Juicy Music has produced over 4,000 tracks across various EDM genres. CEO Michael Gelmon sees opportunities for integrating CraftClouds to assist artists in creating and selling NFTs. Rivera emphasizes a focus on new and established artists, incorporating diverse electronic music genres.
Novation Holdings, Inc. (OTCPINK:NOHO) announced its subsidiary, CraftClouds, has partnered with Media Hawk for corporate digital media and marketing. CraftClouds, focused on the NFT marketplace, aims to attract high-end artists and brands. Media Hawk will assist in various marketing strategies including digital advertising and social media engagement. CraftClouds aims to strengthen its market presence in the growing NFT sector, leveraging Media Hawk's expertise to enhance brand engagement.
Novation Holdings, Inc. (NOHO) has announced a Share Exchange Agreement to acquire CraftClouds, LLC, a next-gen NFT platform, offering a decentralized application for creators and enterprises. The NFT market reached over $23 billion in trading volume in 2021, with projections of $35 billion in 2022 and $80 billion by 2025. With CraftClouds, Novation aims to enhance its marketplace for artists, alongside terminating a previous acquisition deal. This strategic move is intended to leverage the growing NFT sector and enhance shareholder value.
Novation Holdings (NOHO) announced its execution of a Letter of Intent (LOI) to acquire Legends of Hemp and TerraVida, two CBD manufacturing companies. Based in Wisconsin and Colorado respectively, both companies focus on high-quality CBD products. The acquisition aims to enhance Novation's market presence by leveraging the targets' established brands and strategic management. Novation plans to exchange shares for all outstanding ownership interests and intends to support the growth and development of the acquired brands.
Novation Holdings, Inc. (OTCPINK: NOHO) has announced the retention of TAAD, LLC, a PCAOB-registered firm, to audit its financial statements for the periods ending August 31, 2020, and 2021. This audit is a crucial step towards filing a registration statement with the SEC and uplisting to the OTCQB exchange, expected to enhance liquidity and attract a broader range of investors. The audit process is set to be completed by the end of November 2021. CEO Michael Gelmon highlighted this as a significant milestone for the company.