ST. PETERSBURG, Fla., June 25, 2024 (GLOBE NEWSWIRE) -- The Marquie Group, Inc. (OTC:TMGI)
Dear Valued Shareholders - we are pleased to announce the successful completion of an agreement between Ulta Beauty and our subsidiary, Simply Whim for the Whim brand in the health and beauty space. Under the terms of the agreement, we are free to expand our Whim product portfolio beyond our current offerings leading to an expanded product line while sharing the brand with the largest beauty products retailer in the United States. This significant development is the latest in our journey as we complete the transition from a solely broadcasting-focused entity to a dynamic company specializing in consumer-facing, health and beauty product development, sales, and marketing.
Whim has successfully launched several beauty products, with more in the pipeline. However, due to limited access to capital, we have re-prioritized our new product development schedule to focus on VitaWhims, our sugar-free gummy vitamins, and our nootropic functional tea beverages, Sanitea and Insanitea. The development of our AminoMints product has been delayed as we engage a new manufacturer, and we have discontinued the Whim ...