Cannabis

Next Green Wave Obtains All Licenses For Its Current Cannabis Operations in California

Next Green Wave (CSE:NGW, OTCQB:NXGWF)(“Next Green Wave” or the “Company”), is happy to announce that’s has obtained all crucial state and native licenses for its web site A manufacturing facility in Coalinga, California. The newly issued licenses will permit Next Green Wave to hold out all its seed to sale operations in the state of California.

Next Green Wave (CSE:NGW, OTCQB:NXGWF)(“Next Green Wave” or the “Company”), is happy to announce that’s has obtained all crucial state and native licenses for its web site A manufacturing facility in Coalinga, California. The newly issued licenses will permit Next Green Wave to hold out all its seed to sale operations in the state of California.

License Specifications:

  • Indoor Cultivation – Adult Use (as much as 15,000 ft²)
  • Indoor Cultivation – Medical (as much as 5,000 ft²)
  • Nursery Adult
  • Nursery Medical
  • Distribution – Adult
  • Distribution – Medical
  • Volatile Extraction – contains non-volatile extraction, infusion and manufacturing

“With the completion of our 35,000 ft² premium indoor Facility A imminent, we have received all of the state licenses necessary to move into production in 2019. This is a major milestone to see us into full operation in 2019,” Stated Leigh Hughes, Executive Chairman.

ABOUT NEXT GREEN WAVE HOLDINGS INC.

Next Green Wave is a vertically built-in seed-to-consumer premium medicinal and leisure hashish firm working in California, the world’s largest hashish market. The Company’s central operations are in the town of Coalinga which is situated between two main markets of San Francisco and Los Angeles and has been awarded licenses for nursery, cultivation, extraction, and distribution. NGW is led by an skilled administration group with a spotlight in worldwide model growth. The Company at present owns over 15 acres of cannabis-zoned growth land and is nearing completion on its first proprietary engineered 35,000 ft² facility.

On behalf of the Board,

Leigh Hughes
Executive Chairman, Next Green Wave Holdings Inc.

For data referring to Next Green Wave or the contents herein please contact Caroline Klukowski (VP Corp. Development) at 778.589.2848 or e-mail IR@nextgreenwave.com

Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Providers (as that time period is outlined in the insurance policies of the CSE) accepts duty for the adequacy or accuracy of this launch.

FORWARD-LOOKING STATEMENTS

This press launch accommodates forward-looking statements throughout the that means of relevant securities legal guidelines. All statements that aren’t historic information, together with with out limitation, statements relating to future estimates, plans, applications, forecasts, projections, targets, assumptions, expectations or beliefs of future efficiency, are “forward-looking statements.” Forward-looking statements could be recognized by way of phrases corresponding to “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such phrases and phrases or statements that sure actions, occasions or outcomes “may”, “could”, “would”, “might” or “will” be taken, happen or be achieved. Such forward-looking statements contain recognized and unknown dangers, uncertainties and different components which will trigger precise outcomes, occasions or developments to be materially completely different from any future outcomes, occasions or developments expressed or implied by such ahead wanting statements. Such dangers and uncertainties embrace, amongst others, the chance components included in the preliminary prospectus, together with with out limitation dependence on acquiring and sustaining regulatory approvals, together with buying and renewing state, native or different licenses and any lack of ability to acquire all crucial governmental approvals licenses and permits to finish development of its proposed amenities in a well timed method; participating in actions which at present are unlawful below US federal legislation and the uncertainty of current safety from U.S. federal or different prosecution; regulatory or political change corresponding to adjustments in relevant legal guidelines and laws, together with U.S. state-law legalization, notably in California, because of inconsistent public opinion, notion of the medical-use and adult-use marijuana trade, bureaucratic delays or inefficiencies or another causes; another components or developments which can hinder market development; NGW’s restricted working historical past and lack of historic earnings; reliance on administration; NGW’s necessities for extra financing, and the impact of capital market circumstances and different components on capital availability; competitors, together with from extra established or higher financed rivals; and the necessity to safe and preserve company alliances and partnerships, together with with prospects and suppliers. Readers are inspired to the assessment the part titled “Risk Factors” in NGW’s preliminary prospectus. These components ought to be thought of rigorously, and readers are cautioned to not place undue reliance on such forward-looking statements. Although NGW has tried to establish necessary threat components that would trigger precise actions, occasions or outcomes to vary materially from these described in forward-looking statements, there could also be different threat components that trigger actions, occasions or outcomes to vary from these anticipated, estimated or supposed. There could be no assurance that forward-looking statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in forward-looking statements. NGW no obligation to replace any forward-looking assertion, even when new data turns into out there on account of future occasions, new data or for another cause besides as required by legislation.

Click here to connect with Next Green Wave (CSE:NGW, OTCQB:NXGWF) for an Investor Presentation. 

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