Next Green Wave (NGW) is a Californian based company centrally located in Coalinga, CA. NGW has been able to produce as much as 60,000 square feet of growing space in the short time that they have been occupying the market. As a newer player in the cannabis industry, Next Green Wave has been able to completely overhaul what it means to be a weed company. One of the most instrumental differences of Next Green Wave is the fact that they are completely vertically integrated.
Vertical integration has proven itself as one of the most prominent business models for growing companies as it allows for several factors that often lead to success. One of the main aspects of the vertically grown industry is the fact that it allows for an extremely high level of control. With vertical integration, companies are able to oversee all the variables of production, resulting in a much higher quality product.
Next Green Wave has been able to produce extremely high quality cannabis while still maintaining high margins. This is where the other benefit of vertical integration comes in. With the complete control over the product, Next Green Wave is able to achieve some of the highest margins in the business.
Aurora Cannabis (NYSE:ACB) definitely is positioned as one of the largest cannabis stocks in the industry overall. Aurora currently has a production capacity of as much as 150,000 kilograms of cannabis per year when operating at full capacity. The company has stated that they may be able to up that number to as much as 500,000 kilograms by the beginning of the new year which is quite a high goal. Aurora, however, has dealt with concerns over production and has been able to consistently push out an extremely high quality product at low cost.
Aurora is based out of Canada which gives them the exposure they need to sell the majority of their grown product. Currently, Aurora has as much as 30% of their product being sold on the digital space. Additionally, Aurora’s brands have ranked among the top ten products concerning oil and capsule products in the whole of British Columbia.
One of the aspects that makes Aurora such an exciting prospect for the future is the fact that they are working to bring their business into the international industry on cannabis. Aurora is currently known as one of the leaders in the German market, which is considered to be one of the largest European cannabis markets. Aurora has been working to get into the U.S. market as well but it has been difficult due to stringent regulations in the country. The U.S. has been unfriendly to Canadian cannabis producers coming in, but it does look like this is shifting as we move across the next two to three years.
Cannabis projections may remain high, but it looks as though the companies have the potential to back it. The next few years are extremely instrumental in the further growth of the cannabis industry.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Next Green Wave (NGW), Midam has been paid $150,000 from Next Green Wave (NGW) for a period from October 1, 2018 to November 8, 2018. Midam has been compensated an additional $100,000 and has extended its period of coverage to December 8, 2018. We may buy or sell additional shares of (NGW) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Next Green Wave. Please click here for full disclaimer
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