There is no doubt that for some time now, the leaders of the marijuana stock market have been the companies that grow cannabis. Within this however, there are several companies that have been working to make their operations completely vertical.
Vertical integration allows for several unique factors that can help a business to succeed in the highly competitive cannabis industry. For these reasons, the companies that are able to put forth this seed-to-sale business model are the ones seeing a large amount of success.
Next Green Wave (NXGWF) (NGW) is one of the leading producers of premium, vertically integrated cannabis. The company has been utilizing the vertical business model for two main reasons. The first is that they are able to achieve much larger margins than a large portion of their competitors. This is due to the fact that there are no middle men within the operation, so all of the profits can go right back to Next Green Wave.
The second benefit to this is that they are able to have a strong hand in each step of the production line. This means that they are able to produce extremely high quality cannabis for sale on the open market. Both of these factors continue to make Next Green Wave an intriguing company to watch as the marijuana industry continues to grow.
Next Green Wave recently announced that they have signed into an MOU with the company Organic Medical Growth, which will allow them to move deeper into the Colombian Medicinal cannabis industry. This strategic investment is important for the latter as they plan to go public during the 2019 year. The goal is to begin producing non-psychoactive products derived from industrial and medicinal cannabis that would help to produce large quantities of CBD or cannabidiol.
If they are able to successfully enter this side of the market, it will mean that they have access to a potential 6 million patients throughout the nation. Additionally, they will be able to produce other products through the subsidiary including high quality cannabinoid oil in large production scale as well as a redesign of infrastructure for indoor and outdoor cannabis growth. All in all, this just further shows the amount of potential that Next Green Wave has for the future of the industry.
Village Farms International (NASDAQ:VFF) was considered to be one of the top performing cannabis growers of the past month. In February, they saw their share price shoot up by a staggering 85% which comes from their growth expertise. Traditionally, they began their business being focused on low-margin vegetable growing. When they formed a joint venture with cannabis producer Emerald Health Therapeutics, they quickly saw their expertise be matched by a cannabis grower.
Now they have been able to put out as much as 1 million square feet of grow space exclusively for marijuana. The goal with this is to be able to yield as much as 75,000 kilograms of cannabis per year which makes them one of the larger companies in the industry. If they can achieve this goal, Village Farms could become one of the leading businesses in the marijuana market of the future.
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.
MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers