NGW – MJ Shareholders https://mjshareholders.com The Ultimate Marijuana Business Directory Fri, 26 Apr 2019 04:45:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 Next Green Wave Holdings Inc. (NGW) (NXGWF) Announces $6 Million Convertible Note Offering https://mjshareholders.com/next-green-wave-holdings-inc-ngw-nxgwf-announces-6-million-convertible-note-offering/ Fri, 26 Apr 2019 04:45:43 +0000 https://marijuanastocks.com/?p=33241

Next Green Wave Announces $6 Million Convertible Note Offering Next Green Wave Holdings Inc. (CSE: NGW) (OTCQB: NXGWF) (“Next Green Wave”, “NGW” or the “Company”) announces that it intends to conduct a non-brokered private placement of 6,000 unsecured convertible notes at the price of $1,000 per convertible note (the “Notes”) totaling $6,000,000 (the “Offering”). The Offering […]

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Next Green Wave Holdings Inc. (CSE: NGW) (OTCQB: NXGWF) (“Next Green Wave”, “NGW” or the “Company”) announces that it intends to conduct a non-brokered private placement of 6,000 unsecured convertible notes at the price of $1,000 per convertible note (the “Notes”) totaling $6,000,000 (the “Offering”). The Offering will be issuable in two tranches (“Tranche 1” and “Tranche 2”).

The purpose and structure of the Offerings is to provide the Company with the financial flexibility to execute its rapid growth strategy model while continuing to maintain and protect shareholder value.

“The closing of this Offering will allow Next Green Wave the financial flexibility to be aggressive in rapidly expanding its operations and distribution of its brands and products in California,” said CEO, Leigh Hughes. “These funding partners have selectively invested in cannabis companies and this commitment ensures we protect our shareholder value moving forward.”

Terms of the Notes:

  • Tranche 1 will consist of 3,000 Notes and Tranche 2 will consist of 3,000 Notes issuable upon an irrevocable draw down notice delivered by the Company to the subscribers and the issuance of a press release announcing Tranche 2 not later than 45 days following the closing date of Tranche 1.
  • The Notes will mature and be repayable on a date that is 24 months from the relevant Tranche 1 or Tranche 2 closing date and will accrue interest at the rate of 8.5 per cent per annum payable in arrears semi-annually on June 30 and December 30 of each year.
  • The principal amount is convertible, for no additional consideration, into common shares of NGW (the “Shares”) at the option of the holder at any time prior to the close of business on the maturity date, at a conversion price equal to the 5 trading day VWAP immediately preceding the closing date of the relevant Tranche 1 or Tranche 2 (each a “Conversion Price”).
  • In connection with the issuance of each relevant tranche, the subscribers of the Notes will be issued non-transferable common share purchase warrants (the “Warrants”) entitling the purchase of 100% of the number of Shares issuable upon conversion of the Notes.
  • Each Warrant will entitle the holder to purchase one Share for a period of 24 months from the date of issue. Warrants issued pursuant to each tranche will have an exercise price equal to a 25% premium to the Conversion Price of the relevant tranche (the “Exercise Price”).
  • The Company may force the conversion of the Notes and exercise of the Warrants if the Conversion Price or Exercise Price, as the case may be, is greater than a 100% premium to the applicable Conversion Price or Exercise Price as the case may be.

Closing of the Offering remains subject to the Company’s filing requirements with the CSE. M Partners Inc. acted as an advisor to the Company in respect of the Offering. The Company will pay an advisory fee to M Partners Inc. in connection with their role in the issuance of Notes under the Offering. The Notes, the Warrants, and the Shares issuable on conversion or exercise thereof will be subject to a statutory hold period expiring on the date that is four months and one day after the relevant Tranche 1 or Tranche 2 closing.

About Next Green Wave

Next Green Wave is a vertically integrated seed-to-consumer premium medicinal and recreational cannabis company operating in California. The Company’s first state-of-the-art indoor facility (35,000 ft.2) is now entering production with future plans to expand the 15 acres of cannabis zoned land it is situated on. NGW has acquired a seed library of over 120 strains which include several award-winning genetics and cultivars. Recent acquisition of SDC Ventures will complement NGW’s branded products and accelerate the company to revenue through SDC’ existing partnerships and labels. The investment in OMG will provide NGW access to distribution through the licensing of our brands through Colombia. To find out more visit us at www.nextgreenwave.com or follow us on Twitter at @nextgreenwave, on Instagram, and LinkedIn.

On behalf of the board,

Leigh Hughes, 
CEO and Executive Chairman
Next Green Wave Holdings Inc.

Next Green Wave Forward Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements.” Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, among others, the risk factors included in the preliminary prospectus, including without limitation dependence on obtaining and maintaining regulatory approvals, including acquiring and renewing state, local or other licenses and any inability to obtain all necessary governmental approvals licenses and permits to complete construction of its proposed facilities in a timely manner; engaging in activities which currently are illegal under US federal law and the uncertainty of existing protection from U.S. federal or other prosecution; regulatory or political change such as changes in applicable laws and regulations, including U.S. state-law legalization, particularly in California, due to inconsistent public opinion, perception of the medical-use and adult-use marijuana industry, bureaucratic delays or inefficiencies or any other reasons; any other factors or developments which may hinder market growth; NGW’s limited operating history and lack of historical profits; reliance on management; NGW’s requirements for additional financing, and the effect of capital market conditions and other factors on capital availability, including closing of Tranche 1 and Tranche 2 of the Notes; competition, including from more established or better financed competitors; and the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers. Readers are encouraged to the review the section titled “Risk Factors” in NGW’s prospectus. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although NGW has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. NGW no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

For more information regarding Next Green Wave, contact:
Caroline Klukowski
VP Corp. Development
Tel: +1 (778) 589-2848
IR@nextgreenwave.com

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Low Cost High Quality Cannabis Producers Show Value in Marijuana Stocks https://mjshareholders.com/low-cost-high-quality-cannabis-producers-show-value-in-marijuana-stocks/ Wed, 10 Apr 2019 08:45:54 +0000 https://marijuanastocks.com/?p=32319

The marijuana stock market has undoubtedly been dominated by companies that grow the substance. These companies have been able to scale up their operations to begin producing marijuana in the hundreds of thousands of kilograms per year. With this scale however can sometimes come with a loss of quality, but this is not across the […]

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marijuana stocks to buy

The marijuana stock market has undoubtedly been dominated by companies that grow the substance. These companies have been able to scale up their operations to begin producing marijuana in the hundreds of thousands of kilograms per year. With this scale however can sometimes come with a loss of quality, but this is not across the board.

Some companies have managed to keep their quality very high while still working to produce more and more weed. As the demand for the substance and lower prices rise across the board, the industry is continuing to shift in the grower’s favor.

Next Green Wave (NXGWF) (NGW) is one of the leading vertically integrated producers of high-quality cannabis. The company has been making headlines for both their vertical model as well as the high grade of the marijuana that they are able to produce. Next Green Wave has been working in a facility based in the city of Coalinga, CA. Coalinga is centered right between Los Angeles and San Francisco which positions them perfectly to take advantage of the largest statewide marijuana market in the country.

The company has been working to get all of the steps finished to begin production out of their latest 35,000 square foot facility. Next Green Wave has been waiting on a small series of electrical work the would effectively allow them to have all the necessary power to produce large quantities of indoor grown cannabis.

Recently, Next Green Wave announced that they have completed the electrical installation and connection tot he power grid in Coalinga. This is a major milestone as they have been working on getting this newest facility up and running for some time now. In addition to the 35,000 square foot area, they also now have access to seven lots which spread across 15 acres in the same location.

This should allow them to expand quite rapidly if they choose to do so in the near future. Leigh Hughes, CEO of Next Green Wave stated that “we are now in the very final stage of being approved to begin cannabis production. The construction of our facility has been underway for nearly one year and it is extremely rewarding to see this facility operational and ready to bring premium cannabis products into the California market in 2019.”

CannTrust Holdings (NYSE:CTST) is a cannabis producer that recently listed on the New York Stock Exchange. The company did report slightly lower than anticipated fourth quarter results, but since that time they have been working to regain their prior value. The company still did report as much as 132% year-over-year sales growth which is quite large and something that only looks to continue growing as the demand in the market does so as well.

CannTrust Holdings has been working to put out new recreational cannabis brands which would effectively allow them to delve deeper into that side of the market. Their listing on such a large exchange has also helped to bring in some much-needed notoriety and capital. All in all, CannTrsut is an interesting play for the future of the marijuana market.

Marijuana Stocks Money

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Next Green Wave (NGW), Midam has been paid $150,000 from Next Green Wave (NGW) for a period from October 1, 2018 to November 8, 2018. Midam has been compensated an additional $100,000 and has extended its period of coverage to December 8, 2018. Midam has been compensated an additional $75,000 and has extended its period of coverage to January 8, 2019. Midam has been compensated an additional $50,000 and has extended its period of coverage to February 8, 2019. We may buy or sell additional shares of (NGW) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Next Green Wave.

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Next Green Wave Holdings Inc. (NGW) (NXGWF) Nursery Botticelli(TM) Research & Development Program Begins https://mjshareholders.com/next-green-wave-holdings-inc-ngw-nxgwf-nursery-botticellitm-research-development-program-begins/ Sat, 23 Mar 2019 20:45:33 +0000 https://marijuanastocks.com/?p=31512

Next Green Wave’s Nursery Botticelli(TM) Research & Development Program Begins Next Green Wave Holdings Inc. (CSE: NGW) (OTCQB: NXGWF) (“Next Green Wave“, “NGW” or the “Company”), is pleased to announce that is has begun the optimization phase of the strategic licensing agreement with Intrexon Corporation (NASDAQ: XON) (“Intrexon”) to utilize Intrexon’s Botticelli™ next generation plant propagation platform to enable rapid production of […]

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Next Green Wave Holdings Inc. (CSE: NGW) (OTCQB: NXGWF) (“Next Green Wave“, “NGW” or the “Company”), is pleased to announce that is has begun the optimization phase of the strategic licensing agreement with Intrexon Corporation (NASDAQ: XON) (“Intrexon”) to utilize Intrexon’s Botticelli™ next generation plant propagation platform to enable rapid production of Next Green Wave’s proprietary cannabis cultivars for the California market. The collaborative work conducted at Next Green Wave’s facilities will also accelerate its vision of becoming a world-class nursery.

California Market Plantelet Product Opportunity

In the U.S. market, legal cannabis revenue is projected to exceed $23 billion by 2022, with California estimated as representing around a third of that market. With estimated 57% compound annual growth rate and using 2 plants per Sq. Mt, we estimate a total market size of 50M plantlets in California by 2022. Cannabis cultivation is predominantly mediated through cloning, a process that is labor intensive, costly, and not sustainable due to the risk of disease susceptibility. In addition, plants derived from repeated cuttings lose vigor in performance.

Phase 1 – The Optimization Phase

As part of the first phase of the project, Next Green Wave will optimize Intrexon’s Botticelli™ technology to Next Green Wave’s specific cannabis cultivars. The Botticelli™ platform is an advanced tissue culture technology designed to enable efficient propagation of plants while maintaining genetic purity and product performance. It offers potential for a more sustainable, scalable, and more economical solution than conventional cloning approaches with cannabis.

This will offer the cannabis market several advantages:

  • Rapid multiplication of proprietary lines in smaller areas,
  • Reduction or potential elimination of mother rooms,
  • Substantially decreased cutting load on the mother plants ensuring genetic purity and product performance,
  • Reduced phytosanitary risk and superior product performance,
  • A more integrated production system and shorter time to vegetation room; ex., reduction or elimination for vegetative acclimatization step, and
  • Capital efficiencies.

Upcoming Key Milestones in 2019

Next Green Wave will work to achieve the following;

  • Utilize Next Green Wave’s hemp CBD strains as a proxy to optimize standard operating procedure (SOP)
  • Complete tissue culture lab build out and become operational at Next Green Wave’s 3,240 sq. ft Site C facility.
  • Optimize Botticelli™ SOP to Next Green Wave THC cultivars ready for scale-up production and commercialization.

“This program enables Next Green Wave to improve its library of award-winning premium genetics through a next-generation tissue culture platform, Botticelli™, and serves two vital functions for our company,” stated Mike Jennings, COO at Next Green Wave. “First, it is step toward ensuring that all of our flowering facilities are filled with the highest quality of nursery stock resulting in higher yields and overall cannabinoid content than traditional clones. Second, it offers the potential that our nursery will have state of the art top quality nursery stock to sell to other commercial growers, providing a long-term pathway to increase market share and revenue on a state wide scale.”

On behalf of the Board,

Leigh Hughes
CEO and Executive Chairman, Next Green Wave Holdings Inc.

About Next Green Wave

Next Green Wave is a vertically integrated seed-to-consumer premium medicinal and recreational cannabis company operating in California. Construction of the company’s first state of the art indoor facility (35,000sf) is complete and nearing production with future plans for expansion on its remaining 15 acres of cannabis zoned land. NGW has acquired a seed library of over 120 strains which includes several award-winning genetics. Recently acquired SDC Ventures and its 8 brands and 45 products which will accelerate NGW to revenue in 2019 and complement NGW’s branded products. The partnership with OMG will provide NGW access to distribution through the licensing of our brands through Colombia. To find out more visit us at www.nextgreenwave.com or follow us on Twitter at @nextgreenwave, on Instagram, and LinkedIn.

Trademarks

Intrexon and Botticelli are trademarks of Intrexon and/or its affiliates. Other names may be trademarks of their respective owners.

Next Green Wave Forward Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements.” Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, among others, the risk factors included in the preliminary prospectus, including without limitation dependence on obtaining and maintaining regulatory approvals, including acquiring and renewing state, local or other licenses and any inability to obtain all necessary governmental approvals licenses and permits to complete construction of its proposed facilities in a timely manner; engaging in activities which currently are illegal under US federal law and the uncertainty of existing protection from U.S. federal or other prosecution; regulatory or political change such as changes in applicable laws and regulations, including U.S. state-law legalization, particularly in California, due to inconsistent public opinion, perception of the medical-use and adult-use marijuana industry, bureaucratic delays or inefficiencies or any other reasons; any other factors or developments which may hinder market growth; NGW’s limited operating history and lack of historical profits; reliance on management; NGW’s requirements for additional financing, and the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers. Readers are encouraged to the review the section titled “Risk Factors” in NGW’s preliminary prospectus. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although NGW has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. NGW no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

For more information regarding Next Green Wave, contact:

Caroline Klukowski
VP Corp. Development
Tel: +1 (778) 589-2848
IR@nextgreenwave.com

]]> These Cannabis Producers are Receiving Rave Reviews From Marijuana Stock Investors https://mjshareholders.com/these-cannabis-producers-are-receiving-rave-reviews-from-marijuana-stock-investors/ Sat, 23 Mar 2019 00:45:45 +0000 https://marijuanastocks.com/?p=31542

The marijuana industry of the present is vastly different from where it was even six months ago. With so much changing and so quickly, it seems as though at times it may be difficult to keep up with where the industry is headed. Despite this, it seems as though the companies that grow cannabis continue […]

The post These Cannabis Producers are Receiving Rave Reviews From Marijuana Stock Investors appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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marijuana stocks october

The marijuana industry of the present is vastly different from where it was even six months ago. With so much changing and so quickly, it seems as though at times it may be difficult to keep up with where the industry is headed.

Despite this, it seems as though the companies that grow cannabis continue to be the ones headed for the top of the charts. These businesses are working to find new ways to produce higher yields and better innovative methods of production to help aid the increasing demand of the future of the market.

One of the fastest growing methods of producing quick fiscal results in the cannabis industry has become the entrance of vertically integrated producers. These companies are both able to produce high-quality marijuana due to having complete control over the product, as well as higher margins than most other competitors. Although not all utilize this method, it seems to be working for many companies.

Next Green Wave (NXGWF) (NGW) is one of the preeminent vertical producers of high-quality cannabis-based out of California. Although their headquarters are in Canada, the company has all of their production done in a town known as Coalinga, CA.

This, however, is not a coincidence, as their choice of location centers them between Los Angeles and San Francisco. These two cities are some of the largest local cannabis markets inside the largest statewide market in the nation. All of this just goes to show how much exposure they have to the market as a whole.

The company recently announced that they have entered a new wave of attempting to receive permitting for their latest facilities in Coalinga. Their 35,000 sure foot facility is in the final stages of being tested for use, which should help them to get moving quite quickly. According to a report, they are finishing their final testing phase which will be completed with electrical installation within the next week or so. After that, all they need is an inspection from the city of Coalinga, and then they will be all set to go.

This announcement saw their shares climb upwards of 3% during the trading day on Wednesday, March 20th. Leigh Hughes, CEO of Next Green Wave stated that “after a very focused 11 months of build out, we are now only weeks away from activating our operations in California and one step closer to becoming a fully integrated premium producer.” All in all, Next Green Wave should continue to be watched by investors.

CannTrust (NYSE:CTST) is another grower of cannabis. The company works within the budding medicinal marijuana industry within Canada, but has seen a massive selloff resulting in cheaper than average stock prices. The company was able to list on the New York Stock Exchange not too long ago which is a major benefit to them, but there is still a long way to go.

According to some analysts, the company sees their valuation in the lower area, but their profitability is still very high. As one of the top players in the industry and one of only a few companies on the NYSE, CannTrust is a solid potential watch for anyone looking for value in the cannabis market.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Next Green Wave (NGW), Midam has been paid $150,000 from Next Green Wave (NGW) for a period from October 1, 2018 to November 8, 2018. Midam has been compensated an additional $100,000 and has extended its period of coverage to December 8, 2018. Midam has been compensated an additional $75,000 and has extended its period of coverage to January 8, 2019. Midam has been compensated an additional $50,000 and has extended its period of coverage to February 8, 2019. We may buy or sell additional shares of (NGW) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Next Green Wave.

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Will These Top Marijuana Stocks See Bullish Investor Sentiment During the Rest of the Year? https://mjshareholders.com/will-these-top-marijuana-stocks-see-bullish-investor-sentiment-during-the-rest-of-the-year/ Fri, 22 Mar 2019 04:46:25 +0000 https://marijuanastocks.com/?p=31489

The marijuana stock market has seen a lot of shifts over the course of the past year or two. Despite this, it seems as though much of the change that is occurring is highly positive in terms of legislation and the shifting public belief of the substance. The past year or so has seen a […]

The post Will These Top Marijuana Stocks See Bullish Investor Sentiment During the Rest of the Year? appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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The marijuana stock market has seen a lot of shifts over the course of the past year or two. Despite this, it seems as though much of the change that is occurring is highly positive in terms of legislation and the shifting public belief of the substance. The past year or so has seen a major boom in terms of those who support the legal cannabis industry as well as those who are willing to invest in it. Because of this, it appears as though there could be more bullish sentiment filling the market in the coming year.

Next Green Wave (NXGWF) (NGW) is one of the leading vertically integrated producers of high-quality cannabis-based out of the U.S. One of the strategies that they have employed aside from their strategic location is that they do use a completely vertical business model. This model allows for two factors that should intrigue investors.

For one, they are able to have a very large hand in the production of their product which means it can be of the utmost quality. Additionally, they also are able to maintain high margins due to their being no middle man in the way of profits. This combination has brought a large amount of notoriety to Next Green Wave as they strive to reach the top of the industry.

In recent news, Next Green Wave stated that they have reached an agreement to take over SD Cannabis, which is a cannabis brand based out of California. The deal, worth around C$27 million, should help Next Green Wave to delve further into the product market on cannabis. Given that they are also located in California, this seems like a solid strategic plan for the duo. The goal is for this newest acquisition to help raise revenues during the latter half of the 2019 year, as well as drive execution of their distribution and product development in the state.

SD Cannabis currently has as many as 45 THC and CBD products across eight brands which means that Next Green Wave may have a lot to work with. Additionally, they have also stated that they are working on moving forward with their newest 35,000 square foot processing facility, which is just awaiting approval.

Leigh Hughes, CEO of Next Green Wave stated that “this is a very exciting but important time for Next Green Wave as we now enter the execution phase of our wider strategy of being a premium producer of high-quality downstream products.” All in all, Next Green Wave remains an interesting company to keep on the watchlist.

Cronos Group (NASDAQ:CRON) is quite a familiar name in the cannabis industry thus far. The company has stated that they have shown a 107% return during the 2019 year which has only been around three months at this point. One of the biggest pieces of news which was the introduction of Altria Group (NYSE:MO) into the business, has helped them to get the capital they need to move further into the industry.

The goal is that they will be able to see their share prices increase as this new partnership presents new opportunities for the company. Of course, Cronos Group is simply a solid company to watch given that the rest of the industry is heavily influenced by their leadership status.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Next Green Wave (NGW), Midam has been paid $150,000 from Next Green Wave (NGW) for a period from October 1, 2018 to November 8, 2018. Midam has been compensated an additional $100,000 and has extended its period of coverage to December 8, 2018. Midam has been compensated an additional $75,000 and has extended its period of coverage to January 8, 2019. Midam has been compensated an additional $50,000 and has extended its period of coverage to February 8, 2019. We may buy or sell additional shares of (NGW) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Next Green Wave.

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Top Down Cannabis Growers Provide Interesting Marijuana Stock Opportunities https://mjshareholders.com/top-down-cannabis-growers-provide-interesting-marijuana-stock-opportunities/ Sun, 17 Mar 2019 04:45:35 +0000 https://marijuanastocks.com/?p=31158

The marijuana stock market has been quite dominated by the vertically integrated growers of cannabis. These companies have several factors that differ from traditional companies that make them interesting buys or at least considerations for investors. Along with being growers of the substance, they also are able to maintain both high-profit margins, as well as […]

The post Top Down Cannabis Growers Provide Interesting Marijuana Stock Opportunities appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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The marijuana stock market has been quite dominated by the vertically integrated growers of cannabis. These companies have several factors that differ from traditional companies that make them interesting buys or at least considerations for investors.

Along with being growers of the substance, they also are able to maintain both high-profit margins, as well as a high control over the product that they are putting out into the open market. For these reasons, top-down or vertical cannabis growers seem to be leading the charts during the month of March thus far.

Next Green Wave (NXGWF) (NGW) has quickly become one of the leading producers of vertically integrated craft cannabis. One of the more exciting things about the company is the fact that they are located in the Californian market. Because of this, they have access to one of the largest cannabis industries in the world.

The company is situated in a town known as Coalinga, CA which is around halfway from San Francisco and Los Angeles, two of the largest marijuana markets within the equally large cannabis statewide market. For this reason, it seems as though they would have an easier time working to grow than some other businesses in different locations.

Next Green Wave also made large headlines only a few days ago after the announcement went public of them acquiring the large cannabis producer SD Cannabis. The deal, worth around $27 million should help Next Green Wave to move into the extraction and consumer product market as they continue to traverse the growing cannabis space.

After the news was shared, the company quickly saw their prices shoot up by as much as 10% during intra-day trading. CEO of Next Green Wave, Leigh Hughes, stated that “Not only does this acquisition give us an array of premium brands associated with key world-renowned influencers to penetrate global markets, it also gives us increased distribution with revenues from sales, along with direct to consumer reach, relationships and specialty extraction methods.”

Ryan Lange, the co-founder of SDC stated that “We are excited to join forces with Next Green Wave, which is arguably one of the leading cannabis innovators in California.” All of this news just continues to highlight the excitement being built by cannabis partnerships in the industry.

Scotts Miracle-Gro (NYSE:SMG) is a company that has quickly become one of the leading businesses within the cannabis market, but also not only in marijuana. Traditionally, they are a horticulture company that provides gardening supplies to individuals. With the advent of the cannabis boom, they have been able to begin producing products as well as acquire certain strategic buys to delve further into the market.

Their subsidiary, Hawthorne Gardening has shown that the cannabis market can be extremely lucrative on the gardening end which is considered to be an ancillary service. All in all, Scotts Miracle-Gro is helping cannabis companies to securely produce their vertically integrated cannabis, as well as operating their own vertical product business.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Next Green Wave (NGW), Midam has been paid $150,000 from Next Green Wave (NGW) for a period from October 1, 2018 to November 8, 2018. Midam has been compensated an additional $100,000 and has extended its period of coverage to December 8, 2018. Midam has been compensated an additional $75,000 and has extended its period of coverage to January 8, 2019. Midam has been compensated an additional $50,000 and has extended its period of coverage to February 8, 2019. We may buy or sell additional shares of (NGW) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Next Green Wave.

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Next Green Wave (NXGWF) (NGW) Enters into Definitive Agreements with Organic Medical Growth (OMG) https://mjshareholders.com/next-green-wave-nxgwf-ngw-enters-into-definitive-agreements-with-organic-medical-growth-omg/ Sun, 17 Mar 2019 04:45:33 +0000 https://marijuanastocks.com/?p=31189

Next Green Wave Announces Exciting OMG Expansion Developments Vancouver, British Columbia–(Newsfile Corp. – March 15, 2019) – Next Green Wave Holdings Inc. (CSE: NGW) (OTCQB: NXGWF) (“Next Green Wave” or the “Company”), is pleased to announce the signing of definitive agreements in respect of its previously announced transaction to take a strategic investment in Organic […]

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Next Green Wave Announces Exciting OMG Expansion Developments

Vancouver, British Columbia–(Newsfile Corp. – March 15, 2019) – Next Green Wave Holdings Inc. (CSE: NGW) (OTCQB: NXGWF) (“Next Green Wave” or the “Company”), is pleased to announce the signing of definitive agreements in respect of its previously announced transaction to take a strategic investment in Organic Medical Growth OMG3 INC. (“OMG”), a Canadian based company focused on producing and commercializing CBD products derived from medicinal and industrial cannabis in Colombia.

Next Green Wave now has access to the Colombian cannabis market which has an estimated potential to supply medicinal cannabis to 6 million patients. Through OMG’s current distribution channel of 7,300 pharmacies, Next Green Wave has the opportunity to license its collection of brands and products into the Colombian market.

Organic Medical Growth Company Update

OMG, with its experienced management team, continues to execute according to its strategic roadmap. Further developments that have taken place since the signing of the memorandum of understanding between the parties on February 14, 2019 include the following:

OMG has signed a joint venture with Cannabolland Cluster S.A.S (“Cannabolland”), a vertical biotech cluster based in Piedemonte Llanero region, Meta (Colombia) that groups companies with cannabis licenses with the aim of structuring the companies, consolidating the licenses, providing technical knowledge and infrastructure. As per the joint venture agreement, OMG has now access to the planned production of cannabis on 5,000 hectares of land with possible extension of the cultivation licenses for all types of production to the geographical area of the cluster (up to 12,000 acres). The six companies within Cannabolland, that include 2,500 associated growers, have 3 psychoactive (THC) and 3 non-psychoactive (CBD) licenses, as well as 2 transformational (extraction) licenses. In collaboration with its strategic and distribution partner Ortix S.A.S,
OMG is working on the launch of 9 cannabis-based topical products under the OMG brand. The first 2 products from the OMG portfolio in Colombia will be distributed across Ortix network of 7,300 stores within the next 60 days.

OMG is actively pursuing a go-public transaction and focusing on becoming a significant producer and supplier of medicinal cannabis products and services in Colombia alongside companies such as PharmaCielo and Khiron Life Sciences Corp. OMG is positioning itself to become one of the lowest costs, high-margin businesses operating in Colombia while delivering premium quality cannabis products to their consumers.

“To see how quickly OMG is growing their business opportunities in Colombia is exciting for Next Green Wave,” stated Leigh Hughes, CEO of Next Green Wave. “As OMG grow their distribution channels, it opens up the platform for our brands outside of California and gives us scope to do more in a low-cost, high-margin environment in Colombia.”

Terms of the Definitive Agreements and Strategic Partnership

Under the terms of the Investment Agreement, Next Green Wave will participate as follows:

Invest in 2,000,000 common shares of OMG at CAD$0.25 per share for a total amount of CAD$500,000 under a subscription agreement with OMG
Receive an additional 4,300,600 common shares representing 10% of the share capital of OMG post it’s first round of financing, in exchange for NGW’s provision of collaborative and commercial strategic support services under a services agreement, as described further below

Receive an option to purchase 2,395,000 shares of OMG CAD$0.50 per share, or such other number of shares equivalent to 5% of the share capital following its first round of financing
The Agreement is based on the expectation that OMG will complete its Initial Public Offering (IPO) in 2019 and is also subject to the approval of the Canadian Securities Exchange.

In consideration of the common shares issued in the capital of OMG, Next Green Wave will collaborate and provide commercial strategic support to OMG through a License and Service Agreement, including the following:

Adopting of nursery, cultivation and manufacturing techniques that will enable OMG to produce high quality cannabinoid oil through large scale production and in compliance with GMP standards;
Planning and design of necessary infrastructure for its outdoor and indoor facilities; and
Licensing of Next Green Wave’s medicinal consumer product goods and brands across OMG’s entire distribution network subject to countrywide regulation approval.

Next Green Wave’s Executive Chairman and CEO, Leigh Hughes will also be appointed to the advisory board of OMG and is expected to be appointed as a full board member of OMG as part of its going public transaction.

On behalf of the Board,
Leigh Hughes
CEO and Executive Chairman, Next Green Wave Holdings Inc.

About Next Green Wave

Next Green Wave (NGW) is a vertically integrated seed-to-consumer premium medicinal and recreational cannabis company operating in California – the world’s largest cannabis market. NGW has acquired licenses for its nursery/breeding, cultivation, extraction, and distribution operations covering both medical and recreational cannabis production and services. Construction of the indoor facility (35,000 ft²) has been completed and is now moving into the production phase. NGW will be pushing the innovation envelope with its current assemblage of strong brands and partnerships as well as continue to forge new brands that can be distributed across the globe. NGW has a library of more than 120 genetic cannabis strains which include several cannabis cup award winning genetics. The company currently owns 15 acres of cannabis-zoned land in Coalinga, California and is positioned for future growth and development. To find out more visit us at www.nextgreenwave.comor follow us on Twitter at @nextgreenwave, on Instagram, and LinkedIn.

About Organic Medical Growth OMG3 Inc.

OMG is a Canadian investment holding company focused on the production and distribution of cannabidiol (CBD oil) for medicinal purposes, sourced from organic certified farms in Colombia, as well as the distribution of cannabis-based medicinal products in Colombia and other markets. Through its joint venture agreements in Colombia, OMG has access to cultivation and transformation licenses and has an established distribution network through a strategic partnership in Colombia. To find out more visit www.organicmedicalgrowth.com

Next Green Wave Forward Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements.” Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, among others, the risk factors included in the preliminary prospectus, including without limitation dependence on obtaining and maintaining regulatory approvals, including acquiring and renewing state, local or other licenses and any inability to obtain all necessary governmental approvals licenses and permits to complete construction of its proposed facilities in a timely manner; engaging in activities which currently are illegal under US federal law and the uncertainty of existing protection from U.S. federal or other prosecution; regulatory or political change such as changes in applicable laws and regulations, including U.S. state-law legalization, particularly in California, due to inconsistent public opinion, perception of the medical-use and adult-use marijuana industry, bureaucratic delays or inefficiencies or any other reasons; any other factors or developments which may hinder market growth; NGW’s limited operating history and lack of historical profits; reliance on management; NGW’s requirements for additional financing, and the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers. Readers are encouraged to the review the section titled “Risk Factors” in NGW’s preliminary prospectus. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although NGW has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. NGW no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

For more information contact:

Next Green Wave
Caroline Klukowski
VP Corp. Development
Tel: +1 (778) 589-2848
IR@nextgreenwave.com

Organic Medical Growth OMG3 Inc
Jorge Diaz
President & CEO
Tel: +1 (514) 777 7627
IR@organicmedicalgrowth.com

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High End Cannabis is Finding It’s Own Niche in the Marijuana Stock Market https://mjshareholders.com/high-end-cannabis-is-finding-its-own-niche-in-the-marijuana-stock-market/ Sun, 17 Mar 2019 04:45:30 +0000 https://marijuanastocks.com/?p=31194

The marijuana stock market is filled with a large amount of companies that grow the pure substance. With that being said, there is a lot of deviation that has led to several different roads cannabis companies can go down. One of the most popular trends that we have seen grow in the industry in recent […]

The post High End Cannabis is Finding It’s Own Niche in the Marijuana Stock Market appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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The marijuana stock market is filled with a large amount of companies that grow the pure substance. With that being said, there is a lot of deviation that has led to several different roads cannabis companies can go down. One of the most popular trends that we have seen grow in the industry in recent months has been the advent of premium marijuana growers entering the field.

These companies, which are mostly vertical businesses have been able to find their own niche in the market to put themselves into. The various businesses in this part of the industry are working to continue growing more and more cannabis to fuel the high demand for growth around North America and the world.

Next Green Wave (NXGWF) (NGW) is one of the leading premium cannabis suppliers that has been working to secure themselves as completely vertically integrated. The company is based out of Coalinga, CA which is centered right between Los Angeles and San Francisco. Their location is no mistake and has helped them to build their business in one of the largest marijuana markets in the world.

In terms of vertical integration, it offers Next Green Wave two distinct factors that help to put them at the top. First, vertical integration allows them to have much higher margins than most of the competitors. This is due to the fact that they control every aspect of production and have no middlemen to deal with. Second, they are able to have an extremely large hand in the production process which ensures that they are able to produce some of the highest quality cannabis available.

In recent news, the company won approval for a new facility next to their current one in Coalinga, CA. The facility, which is around 4,000 square feet, will allow them to have a nursery for their plants as well as conduct both non-volatile and volatile extractions. This should help to put them at the top when it comes to producing oils and concentrates made from cannabis. The permits will also help to give them an easier time pushing forward its seed and seedling production for the growth of more and more cannabis. All in all, Next Green Wave remains an important aspect of the vertically integrated cannabis growers.

The Supreme Cannabis Company (NASDAQOTH:SPRWF) is another leading company in terms of premium flower production. Based out of Ontario, they have been working with a new grow facility that will allow for 440,000 square feet of grow space. This facility will also allow them to produce more than 50,000 kilograms of cannabis per year when operating at full capacity.

Their newest products are focused on upping the levels of THC which is the main chemical that gets a user high. This is one of the reasons that they have become so popular among consumers in the past few months. The Supreme Cannabis Company has a lot to look forward to as we contuse to traverse this year in marijuana stocks.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Next Green Wave (NGW), Midam has been paid $150,000 from Next Green Wave (NGW) for a period from October 1, 2018 to November 8, 2018. Midam has been compensated an additional $100,000 and has extended its period of coverage to December 8, 2018. Midam has been compensated an additional $75,000 and has extended its period of coverage to January 8, 2019. Midam has been compensated an additional $50,000 and has extended its period of coverage to February 8, 2019. We may buy or sell additional shares of (NGW) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Next Green Wave.

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 Next Green Wave Holdings Inc. (NGW) (NXGWF) Acquires for $27 Million 100% of California-Based Consumer Products Goods and Extraction Leader, SD Cannabis https://mjshareholders.com/next-green-wave-holdings-inc-ngw-nxgwf-acquires-for-27-million-100-of-california-based-consumer-products-goods-and-extraction-leader-sd-cannabis/ Wed, 13 Mar 2019 00:45:48 +0000 https://marijuanastocks.com/?p=31016

Next Green Wave Acquires for $27 Million 100% of California-Based Consumer Products Goods and Extraction Leader, SD Cannabis Next Green Wave Holdings Inc. (CSE: NGW) (OTCQB: NXGWF) (“Next Green Wave” or the “Company”), is pleased to announce that it, together with its US subsidiary Crossgate Capital US Holdings Corp. have signed a definitive agreement (the […]

The post  Next Green Wave Holdings Inc. (NGW) (NXGWF) Acquires for $27 Million 100% of California-Based Consumer Products Goods and Extraction Leader, SD Cannabis appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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Next Green Wave Acquires for $27 Million 100% of California-Based Consumer Products Goods and Extraction Leader, SD Cannabis

Next Green Wave Holdings Inc. (CSE: NGW) (OTCQB: NXGWF) (“Next Green Wave” or the “Company”), is pleased to announce that it, together with its US subsidiary Crossgate Capital US Holdings Corp. have signed a definitive agreement (the “Agreement”) dated March 11, 2019 to acquire 100% of California-based SDC Ventures, LLC (“SDC”) (the “Transaction”). SDC is a premium cannabis consumer products goods, manufacturing and extraction leader, having 8 leading cannabis brands with 45 CBD and THC products that have a combined global social influencer reach of over 25 million people and with 100+ million YouTube views.

SDC (WEARESDC) is a team of brand building, cannabis consumer product goods, manufacturing and extraction professionals, that have decades of experience in cannabis in California. SDC has a growing network of retail and online sales channels including 700 Zumiez stores which compliments Next Green Wave’s current distribution opportunities.

“The SDC team shares our vision and provides expertise that is synergistic to that of Next Green Wave – to be the number 1 cannabis consumer products goods company in California,” stated Leigh Hughes, CEO of Next Green Wave. “Not only does this acquisition give us an array of premium brands associated with key world-renowned influencers to penetrate global markets, it also gives us increased distribution with revenues from sales, along with direct to consumer reach, relationships and specialty extraction methods. Having the opportunity to market through strategic brand partners to millions of validated and loyal followers is a big deal when marketing consumer products.”

BRANDS PARTNER LICENSES & PRODUCTS ACQUIRED

SDC’s selection of exclusive licensing relationships are defined by their connection to a core loyal global audience, their reach across digital/social platforms and their ability to partner on product development and marketing. With the Brand Partners below, over 45 CBD and THC products have been acquired that cater to the entire cannabis user market, including pets, in California and other parts of the world;

  • Carey Hart (https://www.instagram.com/hartluck/)
    • Husband to multi Grammy winning artist Pink and as a former professional freestyle motocross rider, Carey Hart has been a fixture among motocross competitions including Gravity Games, X Games, AMA Super Moto Series and Tony Hawk’s Boom Boom Tour.
  • Loki the Wolf Dog (https://instagram.com/loki)
    • Kelly Lund and Loki became inseparable in 2012, when he brought the husky/wolf mix puppy home. Ever since then they have been traveling the world and sharing their story with millions of people through social and most recently in their newly released book, Wild Together. Kelly has used his platform to bring awareness to key animal issues and has also partnered with some of the world’s largest brands including Toyota, Huckberry, REI and many others.
  • King Louie (https://www.instagram.com/___king__louie___/)
    • King Louie is a Grammy nominated, up and coming hip hop artist that was cited by Spin magazine for making Chicago the biggest hip-hop scene in 2012. He regularly works in collaboration and tours with artists like Kanye West and Chance the Rapper. Currently in the recording studio, King Louie is expected to release the biggest album of his career in 2019 with major collaborations.
  • Sketchy Tank (https://www.instagram.com/sketchy_tank/)
    • Internationally recognised artist who started his illustrations as a blog that quickly took off in the underground scene. Now his brands are widely recognized, and available at the retailer Zumiez, now carrying the Lurking Class line of clothing across their nearly 700 brick and mortar stores and online.
  • Junkyard LA (https://www.instagram.com/junkyardla)
    • Junkyard is an illustrator and street artist who was born and raised in South Africa now splitting his time between Chicago and LA. Known for some of his larger than life black and white murals and clothing he has teamed up with some of the biggest brands in the game.
  • Toy Machine Skateboard Co (https://www.instagram.com/toymachine/)
    • Toy Machine has been building their reputation and acquiring a loyal fan base for over twenty years. The company, founded by Ed Templeton, is owned under distribution company Tum Yeto. Toy Machine is widely known for its alien-like graphics designed by Templeton. The company is a strong leader in the skateboard industry, and they show no signs of slowing down.
  • SD Cannabis (http://instagram.com/weare.sdc) (https://instagram.com/sdcannabis)
    • Two of SD Cannabis’ founders built a massive following and fan base with their custom Harley shop San Diego Customs. Known in the industry as one of the premier motorcycle shops in the world, they regularly partner with Harley Davidson to help give its production bikes the edge needed to make some noise among hard core riders.
  • OSS (https://www.instagram.com/onsomeshit/)
    • ONSOMESHIT or OSS as it is called, has grown into a mega brand of its own over the last few years. It started in a small BMX stop on Melrose Ave, LA next to the famed BAIT store. In that shop the team started to interview BMX pros and music celebrities when in town on their podcast called @NOJumper, that quickly grew in following to well over 1 Million followers on Instagram.
  • Thorn St. Beer (https://www.instagram.com/thornbeer/)
    • Thorn Brewing was born out of the craft beer movement that has taken the US by storm. Started in the craft beer capital of America, San Diego, their growth has continued with distribution throughout California and plans for national distribution in 2019. Their new state-of-the-art brewery has become a must see stop for beer fanatics that come to San Diego to experience some of the world’s best beer. They were also the first brewery to make a terpene infused beverage.

“We are excited to join forces with Next Green Wave, which is arguably one of the leading cannabis innovators in California,” said Ryan Lange, SDC co-founder. “This transaction will allow the SDC team to capitalize on its decades of cannabis expertise in California and to rapidly expand our brands, distribution channels and manufacturing expertise across the state and into international markets. Next Green Wave brings world-class leadership and coupled with our common values as innovators, we believe by joining forces we can accelerate our proposition to become a serious cannabis consumer product goods company.”

ACCELERATING MANUFACTURING THROUGH ACQUISITION

SDC brings years of experience in cannabis manufacturing and extraction processes that give an edge and creative ability to experiment with new methods in production of finished products. As part of this transaction, the SDC team will immediately become the Head of our Extraction and Manufacturing unit within our 3,240 sq. ft facility. Speciality extraction and manufacturing methods include ice water hash – the washing of the cannabis plant from whole plant fresh frozen material, rosin pressed from ice water hash and cannabis only terpenes that have a special process to end with a final result that has never been winterized. These artisanal methods will have an immediate impact on new products that Next Green Wave will now bring to market within the next three months.

As part of this transaction, SDC brings over 30 different types of extraction-based products across its 8 brand partners including everything from vape cartridges, rosins, ice water hash, tinctures, dog products, consumables as well as a number of CBD wellness and recovery products.

TRANSACTION DETAILS

The purchase will be completed through the Company’s wholly-owned subsidiary Crossgate Capital US Holdings Corp. The total value of this transaction is $20.6 million in cash, shares and performance shares to be earned over the next three years and will be payable as follows (all cash amounts in US currency):

a) $600,000 on closing of the Transaction, to be satisfied by either, at the sole discretion of the SDC Securityholders, (i) cash to be fully paid within the sixty (60) days of CSE approval of the Transaction; or (ii) Next Green Wave Shares each at a deemed price of the volume weighted average price of the Company’s shares as traded on the Canadian Securities Exchange for the 20 day period (the “20 Day VWAP“) prior to the Closing Date; and

b) $4,000,000 on completion of the transfer of all rights and titles of the assets of SDC, to be satisfied by the issuance of Next Green Wave Shares each at a deemed price of the 20 Day VWAP prior to the date of completion.

In addition, to the above, if certain performance metrics are met, additional consideration will be paid as follows:

c) $750,000 on execution of the reassignment of each of the eight (8) definitive partnership agreements to a maximum of $6,000,000 to be satisfied by the issuance of Next Green Wave Shares each at a deemed price of the 20 Day VWAP on the date of execution of each such partnership agreement;

d) $5,000,000 at the end of the period beginning one-hundred and twenty (120) days after Closing (“Year 1“) on achieving net sales targets, to be satisfied by the issuance of Next Green Wave Shares each at a deemed price of $1 per Next Green Wave Share; and

e) $5,000,000 at the end of the twelve (12) month period immediately following Year 1 on achieving year 2 net sales targets, to be satisfied by the issuance of Next Green Wave Shares each at a deemed price of $1 per Next Green Wave Share.

Each of the above performance metrics allow for a pro-rata amount to be paid for partial completion of the metric. In the case of the performance metrics relating to net sales, in order for the 10,000,000 shares to be issued under (d) and (e) above SDC will be required to achieve $50,000,000 in net sales.

Each of the SDC Securityholders have entered into an Escrow Agreement such that the Next Green Wave Shares issued will continue to be held in voluntary escrow and released over a 36-month period and pursuant to the terms of those escrow agreements. This transaction is an arm’s length transaction.

The Company has agreed to pay finders’ fees to certain finders equal to approximately 3.6% of the value of the transaction to be paid according to the schedule of closings set out above.

The above transaction and finders’ fees are subject to the acceptance of the Canadian Securities Exchange.

APPOINTMENT OF HYBRID FINANCIAL FOR INVESTOR RELATIONS SERVICES

The Company has also appointed Hybrid Financial Services of Toronto, Ontario as investor relations consultants, to provide comprehensive investor relations services coverage across both Canada and U.S market. The Company will issue $150,000 worth of shares at a price of $0.67 CAD as compensation for a six-month marketing agreement. The shares are subject to a four-month hold period.

ABOUT NEXT GREEN WAVE

Next Green Wave (NGW) is a vertically integrated seed-to-consumer premium medicinal and recreational cannabis company operating in California – the world’s largest cannabis market. NGW has acquired licenses for its nursery/breeding, cultivation, extraction, and distribution operations covering both medical and recreational cannabis production and services. Construction of phase one of the indoor facility (35,000 ft²) has been completed and is now moving into production of premium cannabis products. NGW will push the innovation envelope and will develop premium brands that can be distributed across the globe. NGW has a library of more than 120 genetic cannabis strains which include several cannabis cup award winning genetics. The company has acquired over 15 acres of cannabis-zoned development land in Coalinga, California, providing future growth. To find out more visit us at www.nextgreenwave.com or follow us on Twitter at @nextgreenwave, on Instagram, and LinkedIn.

ABOUT SD CANNABIS

SD Cannabis (SDC) specializes in developing extraction and manufacturing methods that focus on maintaining the quality and natural benefits of cannabis. Through its use of the most sophisticated equipment available, the team takes a scientific approach to capturing all of the active available cannabinoids in the plant and then integrates those ingredients into products without adding other artificial or dangerous fillers. In addition, SDC’s leadership team brings decades of experience in developing, launching and marketing brands across the landscape of culture, art, music, action sports, and fashion with a core understanding of how to leverage the power of today’s influencers to drive consumer demand and product innovation. To find out more, visit us at www.wearesdc.com and on Instagram.

On behalf of the Board,
Leigh Hughes
CEO and Executive Chairman, Next Green Wave Holdings Inc.

For more details on this release please click on the following video interview:

Cannot view this video? Visit:
https://www.youtube.com/watch?v=MemRxjNnpEU

Next Green Wave Forward Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements.” Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, among others, the risk factors included in the preliminary prospectus, including without limitation dependence on obtaining and maintaining regulatory approvals, including acquiring and renewing state, local or other licenses and any inability to obtain all necessary governmental approvals licenses and permits to complete construction of its proposed facilities in a timely manner; engaging in activities which currently are illegal under US federal law and the uncertainty of existing protection from U.S. federal or other prosecution; regulatory or political change such as changes in applicable laws and regulations, including U.S. state-law legalization, particularly in California, due to inconsistent public opinion, perception of the medical-use and adult-use marijuana industry, bureaucratic delays or inefficiencies or any other reasons; any other factors or developments which may hinder market growth; NGW’s limited operating history and lack of historical profits; reliance on management; NGW’s requirements for additional financing, and the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers. Readers are encouraged to the review the section titled “Risk Factors” in NGW’s preliminary prospectus. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although NGW has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended.

There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. NGW no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

For more information regarding Next Green Wave, contact:
Caroline Klukowski
VP Corp. Development
Tel: +1 (778) 589-2848
IR@nextgreenwave.com

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Happy “FriYAY” from Marijuana Stocks – Let’s Finish Strong! https://mjshareholders.com/happy-friyay-from-marijuana-stocks-lets-finish-strong/ Sun, 10 Mar 2019 22:45:40 +0000 https://marijuanastocks.com/?p=30839

These Unknown Marijuana Stocks Are Beating Expectations The marijuana industry is new, there’s no doubting that. Despite this, however, some companies have managed to already get their market capitalization well into the billions. While this may be the case for some, there are a large amount of lesser-known businesses with attractive plans for the future. […]

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These Unknown Marijuana Stocks Are Beating Expectations

The marijuana industry is new, there’s no doubting that. Despite this, however, some companies have managed to already get their market capitalization well into the billions. While this may be the case for some, there are a large amount of lesser-known businesses with attractive plans for the future. Now in cannabis, smaller does usually mean riskier but given the fluctuations of the top end of the industry, it seems as though the risk is quite an everyday thing in the world of marijuana.

Leafbuyer Technologies, Inc. (LBUY) is one of the leading online platforms for the world of all thing’s cannabis. The company states that they are a “multi-platform cannabis technology company connecting consumers with dispensaries and product companies through online, loyalty, print, and in-person initiatives.” This Article is a MUST Read Click Here


Next Green Wave Holdings Inc. (NXGWF) (NGW) Begins Construction on Second Facility

Next Green Wave Holdings Inc. (CSE: NGW) (OTCQB:NXGWF) (“Next Green Wave” or the “Company”), is pleased to announce that it has received final regulatory approval from the City of Coalinga for its Conditional Use Permits (CUP’s) for nursery and both volatile and non-volatile extraction operations on its 3,240 ft² indoor facility (Site ‘C’). The Company has also begun construction according to the approved site design by the City of Coalinga on February 26th, 2019. Read the Full Press Release Click Here

Biome Grow Inc. (BIO) (BIOIF) acts quickly with 5 new hires through a new partnership with Mi’kmaw Native Friendship Centre

After an overwhelming demand for its products in its home province, Biome Grow’s Nova Scotia-based brand, Highland Grow, will be dramatically increasing its operations. This is further validation of Biome’s localized approach to building a locally owned and operated brand that offers high-quality products specifically created for the local consumer. Click Here to Read the Full News Release


DISCLAIMER:

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Leafbuyer Technologies Inc., Midam is being paid $50,000 for a period of 30 days beginning November 1, 2018, and ending November 30, 2018. Midam has been paid an additional $50,000 and 40,000 common restricted shares of Leafbuyer Technologies, Inc. extending the contract another 30 days ending December 31, 2018. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to January 31, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to March 1, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to April 1, 2019. We own 77,000 shares of Leafbuyer Technologies. We may buy or sell additional shares of (LBUY) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Leafbuyer Technologies Inc. Read The Full Disclaimer Here

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Biome Grow, Midam is being paid a total of $240,000 ($20,000 per month) for a period beginning on October 1, 2018, and ending on October 1, 2019. We own 0 shares of Biome Grow (BIO.CN). We may buy or sell additional shares of Biome Grow in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Biome Grow (BIO.CN). Read The Full Disclaimer Here

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Next Green Wave (NGW), Midam has been paid $150,000 from Next Green Wave (NGW) for a period from October 1, 2018 to November 8, 2018. Midam has been compensated an additional $100,000 and has extended its period of coverage to December 8, 2018. Midam has been compensated an additional $75,000 and has extended its period of coverage to January 8, 2019. Midam has been compensated an additional $50,000 and has extended its period of coverage to February 8, 2019. We may buy or sell additional shares of (NGW) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Next Green Wave. Read The Full Disclaimer Here

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