Momentum Public Relations
Press Release: December 21, 2019
Next Green Wave (CSE: NGW) (OTCQB: NXGWF) (“NGW” or the “Company”), a Canadian based California operating cannabis company established to provide premium products and brands to both medicinal and adult use consumers in the California market, today announced it has qualified to trade on the OTCQB Venture Market. It also has the intention to seek The Depositary Trust Company (“DTC”) eligibility.
NGW stock will begin trading on the OTCQB, effective immediately, under the ticker symbol “NXGWF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
The OTCQB market is for established companies, both from the U.S. and other countries, that meet high financial standards, provide timely news and provide timely disclosure to investors.
“The team here at NGW is proud to qualify for a listing on the OTCQB marketplace, as it represents a significant milestone in the development of our Company. This signals to the markets that we are committed to creating the most value for NGW and its shareholders,” said Leigh Hughes, Executive Chairman, NGW. “This OTCQB listing increases our exposure and accessibility to the US markets, providing further liquidity for our shareholders, and enabling NGW to fulfill its mission of becoming a premium supplier of cannabis products to the California market and beyond.”
NGW was sponsored for OTCQB by McMillan LLP, a qualified third-party firm responsible for providing guidance on OTCQB requirements and recommending membership.
About Next Green Wave
Next Green Wave is a vertically integrated seed-to-consumer premium medicinal and recreational cannabis company operating in California, the world’s largest cannabis market. Led by award-winning cannabis industry veteran, Michael Jennings, who is an industry innovator specializing in developing premium cannabis seeds and plants and known throughout the cannabis culture in the state. NGW central operations are in Coalinga which is centered between two major markets of San Francisco and Los Angeles and has been awarded permits for nursery, cultivation, extraction, and distribution. The Company has acquired over 15 acres of cannabis-zoned development land and has nearly completed the construction of its first 32,000 sq Ft. facility. NGW is fully funded having raised over CAD $21M, to bring the company into revenue in 2019.
About OTC Markets Group Inc.
OTC Markets Group Inc. operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
On behalf of the board,
Leigh Hughes,
Executive Chairman
To view the video pertaining to this announcement please follow the link:
https://www.youtube.com/watch?v=lyYk1SYIClI&feature=youtu.be
For the latest company update please see the link below:
https://info.nextgreenwave.com/corporate-update_december2018?utm_campaign=NGW%20Updates&utm_content=81568201&utm_medium=social&utm_source=twitter&hss_channel=tw-1035516140661829633
For information relating to Next Green Wave or the contents herein please contact Caroline Klukowski (VP Corp. Development) at 778.589.2848 or email IR@nextgreenwave.com