NxGen Brands, Inc. Announces the Official Acquisition of Top Handmade Fudge and Candy Company, Genesee Candy Land and Genesee Fudge Factory
NxGen Brands (OTC: NXGB) announced the acquisition of Genesee Candy Land and Genesee Fudge Factory on October 20, 2025.
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Rhea-AI Summary
NxGen Brands (OTC: NXGB) announced the acquisition of Genesee Candy Land and Genesee Fudge Factory on October 20, 2025.
Genesee Candy Land is an 8‑year‑old handmade fudge and candy business selling in 2,000+ retail outlets, including hotels and regional attractions, operating from its third location. Management says the brand averaged $700,000+ in revenue over eight years and expects marketing plans to drive growth in late Q4 2025 and throughout 2026. The company directs shareholders to its X account @NGen_Brands and OTC Markets profile for verification.
Positive
- 2,000+ retail outlets carrying products
- Historical average revenue of $700,000+ over 8 years
- Established brand with 8 years operating history and repeat demand
Negative
- Company currently uses a single public media outlet: @NGen_Brands
- Announcement includes forward‑looking statements subject to regulatory, growth, litigation, and competition risks
Details
News Market Reaction – NXGB
On Oct 20, the day this news came out, NXGB closed 15.79% below the previous close.
Data tracked by StockTitan Argus for the Oct 20 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DENVER, Oct. 20, 2025 (GLOBE NEWSWIRE) -- NxGen Brands, Inc. (OTC: NXGB) ("NxGen" or the "Company") (www.nxgenbrands.com) – It is with great pleasure to announce that the company’s newly acquired business is Genesee Candy Land. Genesee Candy Land has been a fully operational business for over 8 years now and specializes in Handmade/Hand poured Fude as well as its famous Animal Trackers candy bags. Genesee Candy Land’s product lines are sold in over 2000 retail outlets across the US with Large hotels, The Gaylord of the Rockies Resort and Convention Center, Garden of the Gods, YMCA as well as many gas stations and mom and pop shops. Genesee Candy Land started in the back room of the original owners Country Store and grew so fast that it is now in its 3rd location to keep up with demand. The brand has seen amazing growth over the years with very little to no marketing and
Marjorie Schaefer, the Company’s CEO, stated, "I am excited about this new direction of the company and with Genesee Candy Land. The Founder built an amazing business without putting very little money into marketing the products and still saw growth year over year. With our team coming in and our marketing plan, we feel we will see exponential growth in the last months of Q4 and in all of 2026. The business has averaged
To better reflect the company's new direction. Please disregard all past social media posts and/ or news releases. A company press release will verify any new social media outlets. Currently, the only media outlet is the company's X account, @NGen_Brands. To improve communication with our shareholders, please email us at marjschaefer.manager@gmail.com. The Company's new website is https://www.nxgenbrands.com. All information can be verified at https://www.otcmarkets.com/stock/NXGB/profile. We will be providing many more updates for our shareholders as the company moves in a new direction.
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. The company may make forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates that reflect the company's best judgment based upon current information. All investments involve risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identify from time to time in the company's public announcements.
Contact: marjschaefer.manager@gmail.com
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