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NxGen Brands, Inc. Announces the Official Acquisition of Top Handmade Fudge and Candy Company, Genesee Candy Land and Genesee Fudge Factory
Prism Media Wireยท 2025-10-20 13:02
Core Insights - NxGen Brands, Inc. has officially acquired Genesee Candy Land and Genesee Fudge Factory, a well-established handmade fudge and candy brand with a presence in over 2,000 retail locations across the U.S. [3][5] - Genesee Candy Land has achieved consistent annual revenues exceeding $700,000 over the past eight years with minimal marketing efforts, primarily relying on word-of-mouth and customer reviews [4][5][7] - NxGen Brands plans to implement new marketing strategies to drive significant growth in the late fourth quarter of 2025 and throughout 2026 [4][7] Company Overview - Genesee Candy Land has been operational for over eight years, specializing in handmade fudge and its popular Animal Trackers candy bags [5] - The brand has expanded from its original location due to increasing demand and currently operates from its third location [5] - Major retail partners include large hotels and resorts, such as The Gaylord of the Rockies Resort and Convention Center, as well as various gas stations and local shops [5] Future Growth Strategy - NxGen Brands is optimistic about the potential for exponential growth, leveraging its marketing plan to enhance the brand's visibility and sales [7] - The company aims to capitalize on Genesee Candy Land's existing reputation and customer base to drive revenue growth in 2026 [4][7] - The CEO has expressed confidence in the value this acquisition will bring to shareholders [7]