Clubhouse Media Group, Inc. Launches "LURE for Men" Cologne Brand

LOS ANGELES, March 16, 2022 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), an influencer-based social media firm and digital talent management agency, today announced that it has launched LURE, a high-end pheromone infused men's cologne. 

LURE cologne is fortified with pheromones, known to attract the opposite sex. In recent weeks, it hit Amazons "Best Seller" list. Plans are underway to sell the product via different distribution platforms. The brand uses CMGR's proprietary software Magiclytics, to analyze demographics and market to the most relevant audiences. 

"Social media is a great place to launch consumer goods brands" said Amir Ben-Yohanan, CEO of CMGR . "In recent years, we've seen lots of companies launch successful, multi-million dollar brands utilizing almost solely social media marketing strategies. Creators available to CMGR, such as our female creators on HoneyDrip.com, are perfect for this due to their high male following."

About Clubhouse Media Group, Inc.
CMGR offers management, production, and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space.

Follow CMGR on Twitter: https://twitter.com/ClubhouseCMGR

FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements". Forward-looking statements also may be included in other publicly available documents issued by CMGR and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.

Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause CMGR's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for CMGR's products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this press release.

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SOURCE Clubhouse Media Group, Inc.