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Next Green Wave Holdings Inc. NXGWF

Next Green Wave Holdings Inc through its wholly-owned subsidiaries, is a cannabis cultivator and producer. The firm is licensed for medical and recreational marijuana cultivation and production in the State of California. The company's facilities are used for cannabis cultivation as well as the processing, production, and packaging of dry flowers, cannabis oils, and concentrate. Its brand portfolio includes Junkyard, Sketchy Tank, King Louie, and others. Geographically, the company generates its revenue from the United States.


OTCQX:NXGWF - Post by User

Comment by Straniuson Nov 08, 2018 8:32am
170 Views
Post# 28942523

RE:RE:RE:when they finish completion of all facitiles they are only

RE:RE:RE:when they finish completion of all facitiles they are only
INSTABOT wrote: not in cali but every single MJ company in canada has over 1 million aurora , cgc ,eve and co ,supreme 


That's true. But while cannabis continues to be listed on Schedule I of the DEA's Controlled Substances Act, transportation of cannabis across international borders as well as borders between individual states within the US remains illegal. So what good is it to have all that grow space outside of California when there is no legal mechanism to deliver the end product into California?

The Controlled Substances Act currently provides Next Green Wave and other California MJ players to enjoy a natural moat with zero competition from international and out of state MJ players. The race is on in California to become the dominant player in the state.

Once the Federal regulations fall away and legalize cannabis on a Federal level, Next Green Wave will likely be a prime acquisition target to the larger Canadian MJ companies that want an established footprint in the state quickly.

~S
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