Next Green Wave Holdings Inc (NGW) 銘柄情報

LAS VEGAS, NV - December 20, 2021 – Planet 13 Holdings Inc. (“Planet 13” or the “Company”) (CSE:PLTH) (OTCQB:PLNHF) and Next Green Wave Holdings Inc. (“Next Green Wave” or “NGW”) (CSE:NGW) (OTCQX:NXGWF) are pleased to announce that they have entered into a definitive arrangement agreement (the “Agreement”) pursuant to which Planet 13 will acquire all of the issued and outstanding common shares (the “NGW Shares”) of NGW, by way of a court approved plan of arrangement, for total consideration of approximately C$91 million (the “Transaction”).



Proposed Transaction



Under the terms of the Agreement and based on pricing as of December 17, 2021, shareholders of Next Green Wave (“NGW Shareholders”) will receive 0.1081 of a common share of Planet 13 (the “Exchange Ratio”) subject to calculations as described below, and $0.0001 in cash, for each NGW Share held. Based on Planet 13’s 10-day volume weighted average price (“VWAP”) and the Exchange Ratio as at December 17, 2021, the implied deal price per NGW Share is C$0.465, representing a premium of approximately 52% to the closing price and 44% to the 10-day VWAP of NGW Shares on the Canadian Securities Exchange (the “CSE”) as of December 17, 2021. The Exchange Ratio is subject to adjustment as follows:

If the 10-day VWAP of Planet 13 common shares (the “Planet 13 Shares”) on the CSE immediately preceding the second business day prior to the closing of the Transaction (the “Planet 13 Closing Price”) is below C$5.50 but above C$4.06, then the Exchange Ratio will be calculated as C$0.4650 divided by the Planet 13 Closing Price;
If the Planet 13 Closing Price is less than or equal to C$4.06, then the Exchange Ratio shall be 0.1145; and
If the Planet 13 Closing Price is greater than or equal to C$5.50, then the Exchange Ratio shall be 0.0845.


After giving effect to the Transaction, and based on pricing as of December 17, 2021, NGW Shareholders will hold approximately 9.2% ownership in the pro-forma company (on a fully-diluted basis).



Transaction Rationale



Significant premium being offered to NGW Shareholders of approximately 44% based on both company’s 10-day VWAP and representing an implied offer price of approximately C$0.465 per NGW Share as of December 17, 2021.
Transaction is expected to be immediately accretive to 2021 and 2022 EBITDA.
Transaction structure provides meaningful price protection against market volatility in Planet 13’s share price up to the completion of the Transaction.
NGW’s operations will serve as the backbone of Planet 13’s continued focus on the California market. NGW will enable Planet 13 to introduce their diverse brand portfolio of exotic, pheno-hunted cultivars to the Santa Ana SuperStore as well as across the state.
NGW Shareholders will immediately benefit from the enhanced size, scale and liquidity of Planet 13’s capital markets presence.
NGW Shareholders will participate fully in the upside of Planet 13’s upcoming expansions into Illinois and Florida.
Planet 13 to retain NGW’s management team, deepening the pro forma company’s knowledge base and expertise across the California market.
Planet 13 to benefit from NGW’s highly respected cultivation techniques and pheno-hunted cultivars, greatly expanding the pro forma company’s cultivation capabilities, product offerings, consistency and proficiency.
Combined experience and expertise of the Planet 13 and NGW operational teams will drive further improvements across the pro forma company’s footprint.


Management Commentary



“Today’s announcement is an extension of the strategy we’ve laid out for investors of adding cultivation and production in California to vertically integrate and bring our highly popular brands into the state. We are methodically expanding our footprint to drive topline growth and improved profitability,” said Bob Groesbeck, Co-CEO and Co-founder of Planet 13. “We’ve been incredibly impressed by the Next Green Wave team and their ability to generate revenue and Adjusted EBITDA based on the quality of their cultivation and manufacturing in this very competitive market.”



“This is an exciting day for Next Green Wave shareholders. Planet 13 has proven its ability to run incredibly productive retail locations and create manufactured products that command a significant share of sales in their home state of Nevada,” said Mike Jennings, CEO of Next Green Wave. “They are a perfect fit for Next Green Wave, and being a part of their attractive growth profile and expansion in Illinois and Florida is the correct next step for NGW.”



Further Transaction Details



The Transaction will be effected by way of a plan of arrangement under the Business Corporations Act (British Columbia) and is subject to, among other things, the approval of NGW Shareholders at a special meeting of NGW Shareholders expected to be held in February 2022 (the “NGW Special Meeting”), receipt of all applicable CSE, regulatory and court approvals, and completion of other customary closing conditions. At the NGW Special Meeting, the Arrangement will require approval by at least two-thirds (66?%) of the votes cast by NGW Shareholders present in person or represented by proxy and entitled to vote at the NGW Special Meeting. Approval of Planet 13 shareholders is not required.



The Transaction has been unanimously approved by the board of directors of both Planet 13 and Next Green Wave.



The Agreement contains customary representations, warranties and covenants for transactions of this nature, including termination fees of $3,250,000 and $2,000,000 payable by Next Green Wave and Planet 13, respectively, in the event the Transaction is terminated under certain circumstances. In addition, the Agreement contains an expense reimbursement fee of up to $1,000,000 payable by Next Green Wave to Planet 13 if the Transaction is terminated in certain circumstances. Pursuant to the Agreement, upon closing, all outstanding NGW options to acquire NGW Shares will be exchanged for options of Planet 13 that will entitle the holders to receive, upon exercise thereof, Planet 13 Shares based upon the Exchange Ratio.



Additional details of the Transaction will be provided to NGW Shareholders in an information circular to be mailed in connection with the NGW Special Meeting and available under NGW’s profile at www.sedar.com. Copies of the Agreement and certain related documents will be filed with Canadian securities regulators and also available at www.sedar.com.



It is currently anticipated that, subject to receipt of all regulatory, court, shareholder and other approvals, the Transaction is expected to close in the first quarter of 2022.



Recommendation of NGW Board



The board of directors of NGW (the “NGW Board”) formed a special committee of independent members (the “Special Committee”) to, among other things, review and evaluate the terms of the Transaction, to make a recommendation to the NGW Board in respect of the Transaction and to negotiate the terms and conditions of the Agreement and related matters. The Special Committee obtained fairness opinions from each of INFOR Financial Inc. and Evans & Evans, Inc. stating that, as of the date of the opinions and subject to the assumptions and limitations contained in such opinions, the consideration to be received by NGW Shareholders pursuant to the Transaction is fair, from a financial point of view, to NGW Shareholders. Based on the advice and recommendation of the Special Committee, the NGW Board determined that the Transaction is fair to NGW Shareholders, that the Transaction is in the best interests of NGW and unanimously recommends that NGW Shareholders vote in favor of the resolution to approve the Transaction at the NGW Special Meeting. All of the directors and officers of NGW and a certain shareholder of NGW (who hold in the aggregate approximately 21% of the issued and outstanding NGW Shares) have executed voting and support agreements with Planet 13 pursuant to which they have agreed, among other things, to support the Transaction and vote their NGW Shares in favour of the Transaction.





Financial and Legal Advisors



Beacon Securities Limited acted as financial advisor to Planet 13 and provided a fairness opinion to the Planet 13 board of directors that states that, as of the date of the opinion and subject to the assumptions and limitations contained in the opinion, the consideration to be paid by Planet 13 pursuant to the Transaction is fair, from a financial point of view, to Planet 13.



Wildeboer Dellelce LLP and Cozen O’Connor acted as legal advisors to Planet 13.



INFOR Financial Inc. acted as the financial advisor to NGW. INFOR Financial Inc. and Evans & Evans, Inc. each provided a fairness opinion to the NGW Board and the Special Committee, respectively, as described above.



McMillan LLP and Farella Braun + Martel LLP acted as legal advisors to Next Green Wave.



Proxy Solicitation



NGW has engaged Kingsdale Advisors (“Kingsdale”) as its strategic shareholder and communications advisor and proxy solicitation agent. NGW Shareholders with questions regarding the Transaction may contact Kingsdale by email at contactus@kingsdaleshareholder.com.



About Planet 13



Planet 13 (www.planet13holdings.com) is a vertically integrated cannabis company, with award-winning cultivation, production and dispensary operations in Las Vegas and dispensary operations in Orange County, California. Planet 13 also holds a medical marijuana treatment center license in Florida and a 49% interest in Planet 13 Illinois which won a lottery for a Social-Equity Justice Involved dispensing license in the Chicago-region of Illinois. Planet 13's mission is to build a recognizable global brand known for world-class dispensary operations and a creator of innovative cannabis products. Planet 13’s shares trade on the Canadian Securities Exchange (CSE) under the symbol PLTH and OTCQX under the symbol PLNHF.



About Next Green Wave



Next Green Wave is an integrated premium seed-to-shelf craft cannabis producer offering products through its in-house brand portfolio and wholesale flower for other large cannabis manufacturers. The Company owns and operates a 35,000 sq. ft. indoor facility in Coalinga, CA, which is home to its nursery, cultivation, distribution, and future packaging business.



Forward-Looking Statements



This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation and United States Securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward looking statements include but are not limited to, information concerning the timing and completion of the Transaction and the acquisition of all of the issued and outstanding NGW Shares; the timing and anticipated receipt of required regulatory, court and shareholder approvals for the Transaction and other customary closing conditions; integration of NGW’s operations; the anticipated benefits of the Transaction, including the corporate, operational and financial benefits, the parties’ strategic plans and expansion and expectations regarding the growth of the California cannabis market; and the availability of the exemption under Section 3(a)(10) of the U.S. Securities Act to the securities issuable in the Transaction.



Developing forward-looking information and forward-looking statements involves reliance on a number of assumptions and consideration of certain risks and uncertainties, some of which are specific to the Company and NGW and others that apply to the industry generally. Such assumptions include but are not limited to the ability of the combined entity to execute its business plan, the continued growth of the cannabis market in those U.S. states where the cultivation, distribution and use of medical or recreational cannabis is legal and in particular, in the State of California, that any changes in US federal or state laws will not adversely affect the businesses or operations of the parties and the ability of the Company to successfully integrate NGW into its operations.



The forward-looking information and forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information and statements. Such factors include, but are not limited to: the ability of the Company and NGW to receive, in a timely manner, the necessary regulatory, court, shareholder, stock exchange and other third-party approvals to consummate the Transaction; the ability of the Company and NGW to satisfy, in a timely manner, the other conditions to the closing of the Transaction; the ability to complete the Transaction on the terms contemplated by the definitive arrangement agreement and other agreements, including the voting and support agreements, or at all; the ability of the Company to realize the anticipated benefits of the Transaction and the timing thereof; the consequences of not completing the Transaction, including the volatility of the share prices of the Company and NGW; negative reactions from the investment community and the required payment of certain costs related to the Transaction; actions taken by government entities or others seeking to prevent or alter the terms of the Transaction; potential undisclosed liabilities unidentified during the due diligence process; the interpretation of the Transaction by tax authorities; the focus of management’s time and attention of both the Company and NGW on the Transaction and other disruptions arising from the Transaction; a resurgence in cases of COVID-19; risks relating to cannabis being illegal under US federal law and risks of US federal enforcement actions related to cannabis activities; negative changes in the political environment or in the regulation of cannabis in the State of California; negative shifts in public opinion and perception of the cannabis industry and cannabis consumption; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; crop failures; litigation; currency fluctuations; increasing competition; and loss of key management and/or employees.



Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking information and forward-looking statements contained in this news release are made as of the date hereof. Except as required by applicable securities law, the Company and NGW undertake no obligation to update publicly or otherwise revise any forward-looking information or forward-looking statements or the foregoing lists of factors affecting those statements, whether as a result of new information, future events or changed circumstances.



The Company and NGW are indirectly involved in the manufacture, possession, use, sale and distribution of cannabis in the recreational and medicinal cannabis marketplace in the United States through licensed subsidiary entities in states that have legalized marijuana operations, however, these activities are currently illegal under United States federal law. Additional information regarding this and other risks and uncertainties relating to the Company's business, including COVID-19, are contained under the heading "Risk Factors" and elsewhere in the Company's annual information form dated April 5, 2021 filed on its issuer profile on SEDAR at www.sedar.com, and for NGW are contained in NGW’s Management’s Discussion and Analysis for the three and nine month period ended September 30, 2021 filed under NGW’s profile on SEDAR.



EBITDA and Adjusted EBITDA are non-IFRS measures. Additional reconciliations and other disclosures concerning non-IFRS measures is provided in Planet 13’s MD&A for the nine months ended September 30, 2021.



No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.



U.S. Securities Matters



None of the securities to be issued pursuant to the Arrangement Agreement have been or will be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. The Planet 13 Shares to be issued in the Arrangement are anticipated to be issued in reliance upon available exemptions from such registration requirements pursuant to Section 3(a)(10) of the U.S. Securities Act and applicable exemptions under state securities laws. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities.



For further inquiries, please contact:



LodeRock Advisors Inc.

Planet 13 Investor Relations

mark.kuindersma@loderockadvisors.com



Robert Groesbeck or Larry Scheffler

Co-Chief Executive Officers

ir@planet13lasvegas.com



Matthew Jewell

CFO

ir@nextgreenwave.com



Kingsdale Advisors

contactus@kingsdaleshareholder.com

Next Green Wave, 300-1055 West Hastings St., Vancouver, British Columbia V6E 2E9, 6040741143

Planet 13 to acquire NGW!

https://www.thestreet.com/investing/stocks/marijuana-stocks-soar-amid-leaked-legalization-bill

9 weeks later



And 6 months after that

Upgap / Selloff - Closed .83




The open (basically)

https://walletinvestor.com/the-cse-stock-forecast/ngw-stock-prediction

Pot M&A Boom Awaits, in California and Beyond: Cannabis Weekly

https://www.bloomberg.com/news/articles/2021-02-07/pot-m-a-boom-awaits-in-california-and-beyond-cannabis-weekly


Next Green Wave is already an attractive acquisition target. Bought more at open and am holding long.

$NGW
$NXGWF

Democratic Senate Leaders Announce Steps To Federally Legalize Marijuana In 2021

https://www.marijuanamoment.net/democratic-senate-leaders-announce-steps-to-federally-legalize-marijuana-in-2021/


2021 will be a year to remember.

GLTA!

$NGW
$NXGWF

nowwhat

The only thing higher than Next Green Wave's Cannabis THC content are the gains we've seen in the stock price.

There's much more to come and I'm so glad to be here.

Exciting times indeed.

$NGW
$NXGWF

**NEWS** Next Green Wave Finalizes Agreement With COOKIES

https://finance.yahoo.com/news/next-green-wave-finalizes-agreement-124400567.html

Big!!! Congrats NGW Team!!! GLTA :)

Happy New Year everyone!

2020 was one hell of a year, we weathered the storm and came out on top.

Congratulations to all Longs who saw the opportunity to invest through the panic in this productive company, in a pandemic-proof market growing rapidly. Selling out of every gram of top quality medecine we produce.

Medecine that relaxes, excites, heals and soothes for which we will discover many new uses in the very near future:

"Abstract
Acute Respiratory Distress Syndrome (ARDS) causes up to 40% mortality in humans and is difficult to treat. ARDS is also one of the major triggers of mortality associated with coronavirus-induced disease (COVID-19). We used a mouse model of ARDS induced by Staphylococcal enterotoxin B (SEB), which triggers 100% mortality, to investigate the mechanisms through which ?9-tetrahydrocannabinol (THC) attenuates ARDS. SEB was used to trigger ARDS in C3H mice. These mice were treated with THC and analyzed for survival, ARDS, cytokine storm, and metabolome. Additionally, cells isolated from the lungs were used to perform single-cell RNA sequencing and transcriptome analysis. A database analysis of human COVID-19 patients was also performed to compare the signaling pathways with SEB-mediated ARDS. The treatment of SEB-mediated ARDS mice with THC led to a 100% survival, decreased lung inflammation, and the suppression of cytokine storm.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7503745/#idm140292012869728title


5. Conclusions
The current study concludes that the treatment of mice with THC post-SEB challenge protects mice from SEB-mediated toxicity by inhibiting inflammation and ARDS through the modulation of miRs targeting mitochondria-related apoptotic genes. Because SEB is a superantigen that drives cytokine storm, our studies revealed that THC is a potent anti-inflammatory agent that has the potential to be used as a therapeutic modality to treat SEB-induced ARDS.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7503745/#sec5-ijms-21-06244title"


The future looks very, very good for Next Green Wave. Increasing production, maximizing efficiency, further vertical integration via extraction, a second, larger indoor growing facility... All we need are stores.

I cannot wait to read Next Green Wave's Q4
2020 revenuess.

$NGW
$NXGWF

Merry Christmas everyone, wishing us all health, joy and gains for the last trading week of 2020. What a year it's been for Next Green Wave!

$NGW
$NXGWF

Happy Holidays Everyone,

Onward and Upward in 21 :)

In my previous math, I had used a selling price of $8 per gram sold at a dispensary.
I investigated this recently and discovered the selling price per gram in California for our type of flower currently sits at roughly $12.

Based on this, I present to you below, three scenarios and their rough revenue projections based on our current sales figures: 10%, 50% and 100% of NGW product sold at a NGW dispensary.

Enjoy :)

NEXT GREEN WAVE – NGW / NXGWF
169,561,000 SHARES
Q3 2020 REVENUE: 3,500,000
ANNUAL REVENUE: 14,000,000
Q3 PRICE PER GRAM SOLD: 5.07
ANNUAL GRAMS SOLD: 2,761,341
DISPENSARY SELLING PRICE PER GRAM SOLD: $12


10% NGW PRODUCT SOLD AT NGW DISPENSARY ANNUAL REVENUE: $3,313,609
TOTAL ANNUAL REVENUE (10% DISPENSARY + 90% AS CURRENT): 15,913,609
13.67% REVENUE INCREASE
REVENUE PER SHARE WITH 169,561,000 SHARES: $0.0938


50% NGW PRODUCT SOLD AT NGW DISPENSARY ANNUAL REVENUE: $16,568,046
TOTAL ANNUAL REVENUE (50% DISPENSARY + 50% AS CURRENT): $23,568,046
68.34% REVENUE INCREASE
REVENUE PER SHARE WITH 169,561,000 SHARES: $0.1389


100% NGW PRODUCT SOLD AT NGW DISPENSARY ANNUAL REVENUE: $33,136,092
136.67% REVENUE INCREASE
REVENUE PER SHARE WITH 169,561,000 SHARES: $0.1954

I also studied the share prices for Canadian Licensed Producers when cannabis became legal in 2018 to try to estimate the share price when hype leads to a price spike. Based on my research, I found that share prices were roughly at 47x revenues when they spiked. This may not mean anything, so here’s the math with that value using my previous examples ;)

10% DISPENSARY SALES
REVENUE PER SHARE WITH 169,561,000 SHARES: $0.0938
47X REVENUE PRICE PER SHARE: $4.41


50% DISPENSARY SALES
REVENUE PER SHARE WITH 169,561,000 SHARES: $0.1389
47X REVENUE PRICE PER SHARE: $6.53


100% DISPENSARY SALES
REVENUE PER SHARE WITH 169,561,000 SHARES: $0.1954
47X REVENUE PRICE PER SHARE: $9.18

Next Green Wave Q3 2020 earnings call transcript for those who missed the call:

https://seekingalpha.com/article/4394361-next-green-wave-holdings-inc-nxgwf-ceo-michael-jennings-on-q3-2020-results-earnings-call

$NGW
$NXGWF

Next Green Wave NGW NXGWF also stated Q4 2020 revenue is expected to be between 4.5 and 5 million dollars! That is a 30% revenue increase in one quarter!

Also, using Facility C for packaging - smart move while we wait for extraction demand to grow.

I want to see a Next Green Wave owned store open.

The revenue jump would be huge.

Has anyone noticed the new Investor's Presentation for Next Green Wave?

It's got Ben Kovac's name in it, meaning it's new as of December 3rd 2020.

It states something very interesting on page three:

"Multiple revenue channels, dispensary, wholesale, distribution, manufacturing."


Dispensary.

I know the city of Los Angeles has recently opened the application process for licenses...

Also, who's joining the call this Friday, December 11th?

$NGW

My favorite phrase from the newest Next Green Wave press release:

“Mr. Kovacs was the former Chief Revenue Officer at NorCal Cannabis, one of the largest vertically integrated indoor producers in California.”

Vertically integrated
Indoor producer
California

Hopefully this means a store or two soon.

$NGW

Never mind went up to 6 % increase again before close

It was a happier Friday when we were up 6%, know m saying?

Hi everyone, happy Friday.

This document details certain changes between Next Green Wave’s last two quarters.

Next Green Wave
CSE: NGW
OTCQX: NXGWF

Comparing Next Green Wave’s latest two quarterly results:
Q2 (April-June 2020) to Q3 (July-September 2020)

All in USD

CASH: Increase of 789,171 or 53% to 2,266,690
TOTAL ASSETS: Increase of 630,602 or 3% to 19,152,690

TOTAL CURENT LIABILITIES: Decrease of 1,643,506 or 78% to 463,556
TOTAL LIABILITIES: Decrease of 1,021,367 or 20% to 4,021,027

TOTAL SHAREHOLDER EQUITY: Increase of 1,651,969 or 12% to 19,152,690

REVENUES: Increase of 408,880 or 13% to 3,582,416
OPERATING EXPENSES: Increase of 193,120 or 25% to 956,094
GROSS PROFIT: Increase of 1,331,651 or 342% to 1,720,978

NET INCOME: Decrease of 2,491,778 or 86% to 402,007

CASH FLOW USED IN OPERATING ACTIVIES: Increase of 1,003,827 or 172% to 1,584,845


Basically, this was the first profitable quarter from operations for Next Green Wave!

Interestingly, the selling price per gram increased this quarter from 4.21/g to 5.07/g, representing a 20% increase! This is probably due to the fact that Next Green Wave’s products are in high demand.

Post harvest costs (0.75) yield per plant (56g) and wastage (5%) remain unchanged though the stage of growth has decreased from 9 weeks to 5! Looks like Mike has fine-tuned Facility A for maximum efficiency, which should lead to an increase in total output and thus higher revenues.

I still believe the path to quickly increasing revenues will be for the company to become totally vertically integrated, which means retail (stores).

Opening a retail store would increase the selling price per gram from 5.07 to 8 dollars or higher, an increase of roughly 60% in revenues.

Remember, the US House votes on the MORE act today, which will create headlines if passed.

It is widely expected to pass as the House is controlled by the Democratic Party.

The next step will be the Senate, currently under Republican control though this could change on January 5th following the Georgia Runoff election.

Q3 release Monday!

NGW products currently available at HaH Coalinga CA

Flower-

Fatso

GMO Cherries

Wedding Cake

Vapes-

GMO Cookies Sauce Cart

Grape Pie Cookies Sauce Cart

GG4 Sauce Cart

OG Kush Sauce Cart

GMO Cherries Sauce Cart

Slurricane Sauce Cart

Pineapple Upside Down Cake Sauce Cart


Concentrates-

Slurricane x GG4 Batter

Gelato #33 Budder

PCG Cookies Budder

SFV OG Budder

Fire OG Budder

Pineapple Upside Down Cake Batter

Fatso tipping the scales at 33% THC. Wow!!! Also more Slurricane on the way with photo's @ mikeloudseeds instagram. New ultra-premium sauce carts reasonably priced to sell. ALL NGW prices seem to fall in the affordable upper middle ranges, which is smart in these uncertain times for consumers. The quality of the product could command higher prices, but save that for better times. Build loyalty now. glta

over 600000 volume and up 19.5 % after this news today!!!

https://www.nextgreenwave.com/

Canadian canibuss sales booming
https://www.newcannabisventures.com/canadian-cannabis-sales-accelerate-in-july-to-232-million/

Sept 16 - 2020

Next Green Wave Full Spectrum Sauce Carts On Shelves Across California!
It's official, Next Green Wave Sauce Carts have hit shelves across California. This is in a totally different category than your standard "vape" this is a non-distilled sauce with COA's coming back at 85% THC and 95% total cannabinoids.
In other words, the Sauce is extra terpy, single source, strain specific with:
• no distillate
• no synthetic anything
• 100% all natural
Quite simply, this is a pure and natural experience. As consumers develop a more sophisticated pallet, they demand more complexity and quality in final products; similar to connoisseurs in industries like wine. This drives product innovation and continues to re-establish what the benchmark is.
These new carts are out in the market in a big way, you can find them in locations in LA, Oakland and Bay areas. These first shops make up part of the growth plan for NGW and our expansion into other products that help us increase revenue and market share in California.
"The successful launch of our Next Green Wave Sauce cart highlights our ability to create high margin top quality consumer product goods in the most sophisticated market, within a very competitive category. As such, we look for this product to be a significant driver of top line revenue and EBITDA moving forward." - Mike Jennings CEO - Next Green Wave


Next Green Wave PreRolls coming off assembly line, now on shelves
In addition to the the full spectrum Sauce Carts, you can also now find NGW PreRolls, our prerolls are made from only indoor hand trimmed flower. These are the smaller buds from our premium flower that currently goes out in 1/8 jars. We never use outdoor or trim like many other companies, we are only using select choice flower giving a truly premium flower experience. We also made the packaging as minimal as possible by design to save cost while delivering the highest quality product we could to our consumers.


Coming Very Soon

Green Halo Gummies by Next Green Wave are in the R&D phase. We want to ensure all products that have the Next Green Wave badge are of the highest standards including all ingredients used. Keep your eyes peeled for 100% Next Green Wave branded products hitting shelves with minimal packaging.

We have had a major demand for Next Green Wave Gummies which we are calling “Green Halo”. These gummies are unique given we have gone the extra steps to make sure they are full spectrum. These gummies are made with the full spectrum of the cannabis plant not only isolated THC. This gives the consumer a more complete representation of the cannabis plant by offering many of the other minor cannabinoids in the formulation, providing a premium experience through the finest ingredients.

nice, hopefully people start buying this stock soon.Good financials, good news,only 20,000 volume today.??

NGW products currently available at HaH Coalinga CA

Flower-

GMO Cookies 32.55

Slurricane 29.03

GMO Cherries 23,3

Garlic Grove 20.96


Concentrates-

Wedding Cake Diamonds 85.95

Fire OG Diamonds 84.07

Sherbet Badder 81.24

Blue Cookies x Dementia Sugar 79.71

Slurricane x GG4 Batter 78.81

Gelato #33 Budder 77.59

PCG Cookies Budder 76.74

SFV OG Budder 76.34

Fire OG Budder 76.23

Pineapple Upside Down Cake Batter 71.71


Glad to see Slurricane is back, along with a restock on GMO Cookies. These two strains are NGW's bread and butter and should be kept in perpetual harvest. NGW has 7 of the Top 10 most potent concentrate products available, plus #11 and #12. Other upcoming strains recently posted on Instagram include Ice Cream Cake and Wedding Cake Flower. Congrats to the NGW Team on a great 2nd quarter. Looking forward to what comes next (green wave). glta

**NEWS** Next Green Wave Continues Increase in Both Profits and Revenues

https://investingnews.com/news/cannabis-investing/next-green-wave-continues-increase-in-both-profits-and-revenues/

https://stockhouse.com/news/press-releases/2020/09/01/next-green-wave-continues-increase-in-both-profits-and-revenues

https://finance.yahoo.com/news/next-green-wave-continues-increase-114400085.html

NGW used $600K cash to generate $2.3M in sales for July and August. Fantastic!!! Great report!!! GLTA

that's great! are you going to post this on the US site also?

Grape Sundae is also available @ 30.2% THC!!!

Looks like the pheno hunt was successful!!!

Congrats to Mike & the entire NGW team!!!

NGW products currently available at HaH Coalinga CA.

Flower-

GMO Cookies

GMO Cherries

Garlic Grove


Concentrates-

Fire OG Diamonds

Wedding Cake Diamonds

SFV OG Diamonds

Sherbet Badder

Blue Cookies x Dementia Sugar

Slurricane x GG4 Batter

Gelato #33 Budder

PCG Cookies Budder

SFV OG Budder

Fire OG Budder

Pineapple Upside Down Cake Batter


NGW has vastly expanded their concentrate products since my last update. HaH Coalinga has 20 concentrate products listed online. NGW products account for 11 of the 20 available. Wow!!! This is up from just 1 concentrate product available early last week. Looks like NGW is going all in on higher margin concentrate products. Sounds good to me. NGW also has 3 of its most popular dried flower strains available including GMO Cookies, which is #1 in potency @ 32.86% THC. They also have the #1 most potent concentrate, Wedding Cake Diamonds @ 85.59% THC. With cannabis sales in California at record levels NGW's high potency products should be selling like hot cakes. The NGW team is on fire producing high THC/Terp products consumers want. Like :)

hey Blue Green do you think ours is going to spike 25% tomorrow, and any idea wby the US one did today??

new NGW analysts report fair value .37
https://linksharing.samsungcloud.com/MPFw0QugfCcN

Great stuff, great stuff??. NGW are definitely going places, huge volume today, and still closes up. in the .50s by year end, or higher??

NGW products currently available @ HaH Coalinga

Flower-

GMO Cookies
GMO Cherries
Garlic Grove

Concentrates-

SVG OG Diamonds
Fire OG Diamonds
Slurricane x GG4 Badder
SFV OG Budder
Pineapple Upside Down Cake Badder

GMO Cookies are back and hotter than ever @ 33.14% THC. Five different NGW concentrates is the most I've seen available at one time. Slurricane flower photo's are up @mikeloudseeds instagram so that should be arriving soon. Lava Cake sauce was mentioned to be on the way "very soon" as well. Right now NGW has two of the top five most potent flowers, and three of the top ten most potent concentrates at HaH Coalinga. Mike & Co bringing the heat!!! Like :)

NGW strong buy !!
https://www.tradingview.com/symbols/CSE-NGW/technicals/

Hi, you still in this? Nice to see its been moving up nicely last few days and higher volume, but not getting sold off. Good news coming? any thoughts?

For a little bit then said link has timed out but got to see before it linked out thanks!

did the new link work Craig ?

try this
https://linksharing.samsungcloud.com/UFOnDv3GDisN

Pete could you cut and paste some of that information from the article here. The link is shut down.

good report on NGW,based on the compies financials the stock price is very undervalued, fair value is .28 ??
https://linksharing.samsungcloud.com/PvriFpWbeyEN

nice move up last couple days, somebody knows something?? by the way did you see this https://linksharing.samsungcloud.com/PvriFpWbeyEN

very good interview,Mike Jennings is definitely focused and knows where he wants to take this company??. Nice to see the stock price move up today and not tank at the end of the day.I still think the stock price is way undervalued.

Very interesting interview with Mike Jennings on Proactive.

Some company goals he mentioned were to increase capacity by maximizing output at the current facility. He mentions the time horizon to add more cultivation capacity at the Coalinga property is 24 to 28 months.

They are also looking for low cost existing infrastructure to build NGW's next stage of flower production to double or triple capacity over the next 12 months. Because of high demand for NGW products he believes it's prudent to capture that momentum, and get more production online as quickly as possible.

If they are currently looking for low cost cultivation facilities it's the perfect time to do it. There are currently a large number of cultivation facilities available for sale or lease from cash strapped growers unable to meet the financial demands of the new California cannabis regulations. This is a great opportunity for NGW to add grow partnerships and joint ventures as well.

NGW could be moving toward a CPG business model of curating, and distribution of premium flower from multiple sources. Mike says they are already selling everything they can grow so this would be a logical next step in their growth. Smart move :) imho glta

https://ca.proactiveinvestors.com/companies/news/923945/next-green-wave-releases-2nd-quarter-financial-numbers-recording-3-million-in-revenue-923945.html

yeah good news up to high of 19 then back down to 14.5,profit taking obviously, interesting to see what happens next.

**NEWS** Next Green Wave Revenue Exceeds US$3Million In Q2

https://finance.yahoo.com/news/next-green-wave-revenue-exceeds-154800994.html

Positive EBITDA is good news, positive net income is great news!!! Congrats to the entire NGW team!!!

nice to see it actually had some volume for once,and a high of 16, hopefully better times are ahead.