- California’s recent minimum wage hike to $20 per hour has already driven many restaurants out of business
- Nightfood Holdings is capitalizing on this shift by diversifying with the acquisition of Future Hospitality Ventures
- Future Hospitality Ventures is an early entrant in the burgeoning Robotics-as-a Service market as billions of dollars shift from labor to automation in the coming years
The recent and unprecedented increase in California’s minimum wage for foodservice workers has forced every restaurant and hospitality business statewide to evaluate their future existence and viability.
Acquisition and development company Nightfood Holdings (OTCQB: NGTF), a pioneer in the sleep-friendly nighttime snack market, identified the opportunity created by the radically shifting landscape, and invested aggressively into automation technologies. This move positions Nightfood at the…
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF
About InvestorWire
InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer
InvestorWire
Los Angeles, CA
www.InvestorWire.com
310.299.1717 Office
Editor@InvestorWire.com
InvestorWire is powered by IBN
