NUGL and Cannibble begin Jamaica product market evaluation

NUGL said June 9 it has started a Jamaica market evaluation with Cannibble Food-Tech to test selected functional beverage samples through Kaya Pizza and Square Grouper Bars. The pilot is meant to gauge consumer acceptance, market demand and possible future commercial opportunities in Jamaica’s retail, hospitality and wellness sectors.

Why it matters: - The pilot could help NUGL determine whether new branded beverage products fit Jamaica’s tourism-driven consumer market. - The evaluation may also surface future opportunities in distribution, licensing, manufacturing, joint ventures or broader commercialization. - NUGL is using the project to test potential revenue growth beyond its core cannabis operations.

What happened: - NUGL, Inc. announced a market evaluation initiative with Cannibble Food-Tech Ltd. on June 9, 2026. - Cannibble plans to provide selected beverage product samples for evaluation across Jamaica. - The samples will be tested through Kaya Pizza and Square Grouper Bars islandwide. - NUGL operates the KAYA cannabis brand in Jamaica.

The details: - The initiative is designed to assess consumer interest, product positioning, market fit and future opportunities in Jamaica’s wellness, hospitality and consumer lifestyle sectors. - Kaya’s platform includes retail, hospitality and consumer engagement channels. - The evaluation will use Kaya Pizza, Square Grouper Bars, licensed dispensaries, hospitality venues, educational programs, consumer events and seasonal tourism periods. - Those seasonal periods include World Cup activities, summer events and Jamaica’s Independence weekend. - Information collected during the pilot is expected to help both companies assess consumer preferences, product acceptance and market opportunities. - The pilot is exploratory and does not create a binding commercial agreement. - Any future distribution, licensing, manufacturing, joint venture, marketing or commercialization work would require regulatory approvals, due diligence, definitive agreements and other customary business steps. - NUGL said the effort supports its broader strategy of evaluating branded products, strategic partnerships, hospitality experiences and consumer offerings. - NUGL also said the initiative helps it identify potential M&A and strategic investment opportunities across its non-medicinal business divisions.

Between the lines: - Jamaica gives the companies access to both local consumers and international visitors in a market known for tourism, hospitality and wellness spending. - The pilot also gives NUGL a low-commitment way to test whether its Jamaican retail footprint can support adjacent consumer products. - Cannibble gets a real-world test environment for functional beverage products rather than a limited lab or focus-group setting. - NUGL’s framing suggests the company is looking to expand beyond cannabis into a broader lifestyle and consumer ecosystem.

What’s next: - The companies will collect consumer feedback and market data during the evaluation period. - Any commercial expansion will depend on what the pilot shows and whether the parties reach formal agreements. - Regulatory review will remain part of any later-stage deal structure. - NUGL said it will continue exploring strategic opportunities tied to its Jamaica platform.

The bottom line: - This is an early-stage market test, not a deal. - If consumer response is strong, the pilot could open the door to a wider Jamaica rollout for Cannibble’s products through NUGL’s KAYA network.

More information: NUGL investor information