ECGI Holdings, Inc. (‘ECGI’ or the ‘Company’) announced its second agreement within the fast-growing California regulated cannabis market. The Company has signed a definitive management services agreement to enter the cannabis delivery business in conjunction with a California cannabis license holder operating out of Lynwood, California. ECGI created a wholly owned subsidiary, Nug Avenue, Inc., a California Corporation, which will hold the contract with the licensed party. The Company plans to enter into an additional agreement whereby it will sell up to 70% of the Nug Avenue unit to a third party, allowing the Company to retain and report an approximately 30% ownership. According to multiple industry watchers and California cannabis regulators, the California market continues to grow rapidly.  Much of this growth is driven by the delivery market, which is especially strong in the Los Angeles Metro area.