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| Why are MJ Stocks so Hot? |
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 Hot Stock to Watch |
Company: Next Generation Management Corp. (Pink Sheets: NGMC)
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Last:
Price: 0.0063
Change (%): + 0.0003 (5.00)
Volume: 4,532,653 |
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Well the west coast of the US might be one indicator. After Colorado approved recreational pot use, it has been Alaska and Washington to follow suit. If Oregon is next, that is huge for NGMC!
NextGen Holdings, LLC, a wholly owned subsidiary of Next Generation Management Corporation (NGMC) was formed to hold its Oregon cannabis assets. Next Generation Management Corporation just announced significant progress in its three areas of concentration in the medical marijuana sector in Oregon. NGMC previously announced a partnership with Merry Jan's Edibles, LLC, to market marijuana infused edibles. NextGen announced today that two sales people have been hired for Oregon and two more are being interviewed for the state of Washington. NGMC also recently announced it has secured a medical marijuana cultivation facility in Oregon.
Then there is this BIG news Next Generation Management Adds Medical Marijuana Cultivation Facility To Its Growing Oregon Operation
FAIRFAX, Va., Jan. 26, 2015 /PRNewswire/ -- Nextgen Holdings, LLC, a wholly owned subsidiary of Next Generation Management Corporation (NGMC), is pleased to announce that it has secured a coveted medical marijuana cultivation facility near Portland, Oregon.
Identifying and securing cultivation facilities is very competitive due to the existing moratoriums in many counties throughout Oregon. "The 3,200 square foot facility will give us a head start in preparation for the recreational license process beginning in January 2016. Initial cultivation will be for legal medical marijuana patients who possess a valid OMMP card," said Darryl Reed, NGMC CEO.
"By selecting high yielding, highly desirable, hybrid strains that flower in 50 - 70 days, NGMC's facility could produce revenues topping 1.5 million dollars annually, assuming no crop loss to disease, unforeseen regulatory changes and stability in the price," Mr. Reed said.
Detailed Quote
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