The Marquie Group Acquires INSANITEA and SANITEA Brands for New Nutritional Product Development

Rhea-AI Summary

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.

Positive

• The Marquie Group's acquisition of the INSANITEA and SANITEA trademarks opens up opportunities in the lucrative specialty drink sector in the U.S.
• Non-alcoholic energy drink sales in the U.S. reached $14B in 2022 and are expected to grow by 15% in 2023.
• The upcoming products under the INSANITEA and SANITEA trademarks will be free from gluten, sugar, fat, and artificial flavoring.

Negative

• None.

ST PETERSBURG, FL, Oct. 25, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – The Marquie Group, Inc. (OTCMKTS:TMGI), often referred to as “The Marquie Group”, “TMGI”, or simply “the Company”, is excited to announce its recent acquisition of the INSANITEA and SANITEA trademarks, paving the way for a fresh array of sought-after nutritional offerings.

CEO of The Marquie Group, Marc Angell, expressed, “Our ongoing commitment to introducing inventive, distinctively branded items led us to the Sanitea and Insanitea trademarks. Given the widespread love for tea and the lucrative nature of the specialty drink sector in the U.S., we foresee a significant win for our investors.”

Statista data reveals that non-alcoholic energy drink sales in the U.S. reached $14B in 2022, with an anticipated growth of almost 15% in 2023. Furthermore, hard seltzer product sales are set to surge by over 22% by 2027.
Diving into the specialty drink arena complements the Company’s existing Whim product range, resulting in a more diverse product suite. In keeping with the Company’s firm commitment to healthy ingredients, the upcoming products under these new trademarks will be free from gluten, sugar, fat, and artificial flavoring.

About The Marquie Group, Inc. The Marquie Group, Inc. is a growing direct-to-consumer organization, focusing on crafting and distributing top-tier health and beauty solutions to uplift lives. Our offerings are showcased via our wholly-owned subsidiary, Music of Your Life®, renowned for being the nation’s longest-running syndicated music radio service. Our health and beauty products can be purchased at SimplyWhim.com

This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.

Investor and Media Inquiries
Marc Angell, CEO
marc@tmgiusa.com
800-351-3021

FAQ

What trademarks did The Marquie Group acquire?

The Marquie Group acquired the INSANITEA and SANITEA trademarks.

What is the growth rate expected for non-alcoholic energy drink sales in 2023?

Non-alcoholic energy drink sales are expected to grow by 15% in 2023.

What will the upcoming products under the INSANITEA and SANITEA trademarks be free from?

The upcoming products will be free from gluten, sugar, fat, and artificial flavoring.