Marquie Group Inc - TMGI STOCK NEWS

The Marquie Group, Inc. (OTCMKTS:TMGI) announces its acquisition of the INSANITEA and SANITEA trademarks, expanding its nutritional offerings. The specialty drink sector in the U.S. is lucrative, with non-alcoholic energy drink sales reaching $14B in 2022 and expected growth of 15% in 2023. The Company's new products will be free from gluten, sugar, fat, and artificial flavoring.

The Marquie Group acquires 51% stake in Simply Whim, expecting boost in revenue

The Marquie Group ventures into the transdermal patch sector, aiming to enhance its Inner Nutrition offerings. The water-resistant Whim Patch offers high absorption and is free from fillers, artificial colors, sugar, calories, gluten, and latex. It also plans to release a time-release version. The transdermal patch market is expected to double in the next five to six years.

The Marquie Group, Inc. (OTCMKTS:TMGI) is actively negotiating the acquisition of a dominant stake in Simply Whim, Inc. This follows the strategic investment last year when it acquired 25% of the health and beauty brand, aiming to bolster shareholder returns through product expansion and innovation. Marquie Group's CEO, Marc Angell, expressed that incorporating revenues from Whim's offerings will significantly advance their march towards profitability, especially during the holiday season. The company's recent 10-K report has been revamped to provide clearer insights into their vision, growth trajectory, and product portfolio. Whim® stands out as an up-and-coming beauty brand committed to superior, safe, and potent beauty solutions. Born from the insightful vision of founder Jacquie Angell, a brave three-time cancer warrior, the brand emphasizes the pressing need for higher industry standards in the U.S. beauty realm. Whim's core ethos revolves around a harmonious interplay of Nature, Nutrition, and Science, with skincare offerings designed considering diverse skin requirements rather than age. The brand strictly avoids harmful components, including parabens, phthalates, sulfates, and artificial colorants, and reflects their ethos for a compassionate world through cruelty-free, gluten-free, vegan, and non-GMO products enriched with antioxidant vitamins, amino acids, peptides, and botanical extracts from terrestrial and aquatic sources.

The Marquie Group (TMGI) announced a preliminary agreement to acquire a stake in AminoMints, Inc., a supplier of amino acid supplements. This acquisition is poised to enhance TMGI's product offerings and market presence in the health and wellness industry. CEO Marc Angell emphasized that AminoMints will complement TMGI’s current product lineup, particularly the Whim products, aiming to introduce the benefits of amino acids to a broader audience. The amino acid supplement market is rapidly growing, with an expected CAGR of 7.3% from 2023 to 2030, potentially benefiting TMGI’s revenue. The acquisition is expected to position TMGI favorably within the expanding amino acid and wellness markets.

The Marquie Group, Inc. (OTCMKTS:TMGI) announced the launch of its sugar-free vitamin gummy line, VitaWhims™, through its subsidiary Simply Whim. The product will include gummy versions of current items like the sleep aid Hush and beauty formula Harmony. CEO Marc Angell highlighted the growing demand for sugar-free options in a market projected to reach $7.13 billion in 2023, growing at a CAGR of 10.2%. Angell emphasized their gummies contain no unhealthy ingredients, positioning them to meet the underserved demand in this segment.

The Marquie Group (TMGI) announced the approval of its S-1 registration statement by the SEC, enabling it to raise funds through a $5 million Equity Commitment Agreement with MacRab. The agreement entails issuing up to 500 million shares at $0.01 each, with initial registration for 75 million shares. CEO Marc Angell highlighted that the capital will enhance sales for their Whim product line and support the introduction of new products. Simply Whim, the company's subsidiary, offers a premium skincare line focusing on multi-active ingredients aimed at improving skin health.

The Marquie Group (TMGI) has expanded its Simply Whim product line with a new range of gummy supplements. Following a recent 25% acquisition of Simply Whim, TMGI aims to tap into the growing gummy supplements market, valued at approximately $10 billion. CEO Marc Angell highlighted that 67% of this market is owned by consumers aged 18-34, indicating a strategic alignment with their target audience. The company is currently sourcing high-quality manufacturers for these products, which will feature natural ingredients and no preservatives, aiming for a market entry that aligns with its existing Inner Health and Outer Beauty offerings.