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Nass Valley Signs Partnership Agreement With FreeSpace Social

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Rhea-AI Summary

Nass Valley Gateway has announced a partnership with FreeSpace Social to distribute its hemp-based products to FreeSpace users. This collaboration includes a verified company page on FreeSpace and advertising for Nass Valley's CBD business. The agreement establishes a revenue-sharing model that benefits both parties. FreeSpace Social is expanding rapidly, projecting over five million users in the coming year, positioning this partnership as a strategic move for Nass Valley to tap into a growing market of CBD product education and sales.

Positive
  • Partnership with FreeSpace Social allows for increased distribution of CBD products.
  • Revenue-sharing agreement enhances profit potential for both companies.
  • FreeSpace's projection of five million+ users could significantly boost sales.
Negative
  • None.

Vancouver, British Columbia, Oct. 14, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Nass Valley Gateway [CSE: NVG.CN] announced today that the company has signed a partnership agreement with emerging social media company, FreeSpace Social for the purpose of selling and distributing Nass Valley’s hemp-based products to FreeSpace users. 

In addition to the new Nass Valley Gateway verified company page on FreeSpace Social, under the terms of the agreement, Nass Valley will run ads promoting its CBD business and its Nass Valley Direct division across the entire FreeSpace network. The companies have created a lucrative revenue share agreement, through which both parties will benefit great on all sales generated through FreeSpace.

“FreeSpace has a great start as a leader in the next generation of social media networks,” said Michael Semler, CEO of Nass Valley. “Partnering and growing with a company like this, at this stage is a very smart move for Nass Valley.”

Jon Willis, CEO of FreeSpace, added, “As we continue to grow exponentially, partnering with solid companies like Nass Valley will help us build a great long-term foundation. FreeSpace supports CBD product education and sales, so this alliance makes sense. We also love the fact that Nass Valley will be participating in our global mission to end sex trafficking.”

The FreeSpace Social app is available in the Apple App Store and Google Play Store. FreeSpace is projecting five million+ users over the next year.

ABOUT FREESPACE

FreeSpace is a social platform that shapes positive culture by helping people find the desire to better themselves and their community through unifying actions and experiences. More information about the app including links to download are on the website at freespacesocial.app.

ABOUT NASS VALLEY GATEWAY LTD.

Nass Valley Gateway LTD (NVG) is a publicly traded company listed on the CSE, focused on the sales and distribution of organic, non-GMO, CBD products for pet and human consumption. Nass Valley CBD products are sold under the “Nass Valley Gardens” brand, an affiliate, via retail, wholesale, direct sales, and digital sales channels.

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Neither the CSE nor its Regulation Services Provider has reviewed or accepts responsibility for the adequacy or accuracy of the contents of this news release.

Company: Nass Valley Gateway Ltd.
422 Richards Street, Suite 170
V6B 2Z4 Vancouver, Canada

E-mail: info@nassvalleygateway.com
Corporate Website: www.nassvalleygateway.com
Product Website: www.nassvalleyproducts.com

For more information:
Michael Semler, CEO
Nass Valley Gateway
michael.s@nassvalleygateway.com
(800) 458-0154


Mike Magolnick, PR
The Red Flag Image Company
pr@nassvalleygateway.com
214-799-0730


FAQ

What is the recent partnership between Nass Valley Gateway and FreeSpace Social?

Nass Valley Gateway has signed a partnership with FreeSpace Social to sell and distribute its hemp-based products, including running ads to promote its CBD business across FreeSpace.

How will the partnership with FreeSpace Social affect Nass Valley Gateway's sales?

The partnership is expected to increase sales through a lucrative revenue share agreement, as both companies will benefit from sales generated through FreeSpace.

What are the future projections for FreeSpace Social in relation to this partnership?

FreeSpace Social is projecting to exceed five million users within the next year, potentially increasing exposure and sales for Nass Valley's products.

What products does Nass Valley Gateway focus on?

Nass Valley Gateway specializes in organic, non-GMO CBD products for both pets and humans, marketed under the 'Nass Valley Gardens' brand.

NASS VY GATEWAY LTD

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