Turning Point Brands Announces Formation of Nu-X Ventures; Appoints Graham Purdy as President of Nu-X Ventures
January 15, 2019 at 08:30 am EST
Turning Point Brands announced the formation of Nu-X Ventures, a new company and wholly-owned subsidiary dedicated to the development, production and sale of alternative products and acquisitions in related spaces. The creation of Nu-X Ventures allows the company to leverage its expertise in traditional OTP management to alternative products.
Nu-X Ventures will be led by the company veteran Graham Purdy, who will serve as President of Nu-X Ventures.