The Marquie Group Secures 51% Ownership in Simply Whim

Rhea-AI Summary

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

Positive

• The Marquie Group recently acquired a 51% stake in Simply Whim, a rising star in the beauty industry.
• The acquisition is expected to positively impact the next quarter's revenue.
• Simply Whim is dedicated to delivering top-tier, reliable, and powerful beauty products.
• The brand focuses on skincare solutions that cater to specific skin needs and avoids harmful elements like parabens, phthalates, sulfates, and synthetic colorants.
• All products are cruelty-free, gluten-free, and vegan certified.
• Whim complies with FDA-approved Good Manufacturing Practices (GMP) and offers a 30-day money-back guarantee.

Negative

• None.

ST PETERSBURG, FL, Oct. 18, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – The Marquie Group, Inc. (OTCMKTS:TMGI), commonly referred to as “The Marquie Group”, “TMGI”, or the “Company”, recently finalized its acquisition of a 51% stake in Simply Whim. The transaction details will be reflected in the Company's Q4 financial statements.

Marc Angell, CEO of The Marquie Group, remarked, “The Whim team has effectively established a strong brand presence. With their forthcoming holiday social media drives, we anticipate a significant boost in the next quarter's revenue.”

Recognized as a rising star in the beauty industry, Whim® is dedicated to delivering top-tier, reliable, and powerful beauty products. The brand's inception, attributed to Jacquie Angell, a valiant three-time cancer survivor, underscores the urgent call for enhanced benchmarks in the U.S. beauty sector. Jacquie emphasized, "Unearthing harmful elements sanctioned in the U.S., yet banned elsewhere, sheds light on the immediate need for industry reforms. Some substances are not only toxic but present genuine health threats."

Whim's foundational principles are built on the synergy of Nature, Nutrition, and Science. The brand crafts skincare solutions that cater to specific skin needs, encapsulated by Jacquie's signature statement, "Age is Not a Skin Type".

Maintaining product authenticity is paramount for Whim. Their beauty catalog steers clear of detrimental elements such as parabens, phthalates, sulfates, and synthetic colorants. Echoing their vision for a kinder world, all products boast cruelty-free, gluten-free, and vegan certifications, with their nutrition line distinguished for being non-GMO and free of sugars, fats, carbs, and artificial flavors.

Each product from Whim embodies a curated blend of antioxidant-rich vitamins, amino acids, peptides, and botanical extracts from land and sea sources. The brand's dedication is further manifested through compliance with FDA-approved Good Manufacturing Practices (GMP) and a guarantee of a 30-day money-back policy.

Leading the charge for a shift in beauty norms, Whim provides ethically formulated choices for discerning shoppers. Explore the complete collection at simplywhim.com.

About The Marquie Group, Inc.

The Marquie Group, Inc. stands as a burgeoning direct-to-consumer entity, emphasizing the creation and delivery of premier health and beauty solutions to enhance lives. Our products are presented to the audience of our wholly owned subsidiary, Music of Your Life®, which holds the distinction of being the country’s longest-standing syndicated music radio service.

Forward Looking Statements

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 did The Marquie Group acquire?

The Marquie Group acquired a 51% stake in Simply Whim.

What is Simply Whim known for?

Simply Whim is known for delivering top-tier, reliable, and powerful beauty products.

What harmful elements does Whim's beauty catalog avoid?

Whim's beauty catalog avoids harmful elements such as parabens, phthalates, sulfates, and synthetic colorants.

Are Whim's products cruelty-free?

Yes, all of Whim's products are cruelty-free.

Does Whim offer a money-back guarantee?

Yes, Whim offers a 30-day money-back guarantee.

What manufacturing standards does Whim comply with?

Whim complies with FDA-approved Good Manufacturing Practices (GMP).