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Ashburn, VA, Jan. 23, 2018 -- Nextgen Holdings, LLC, a subsidiary of Next Generation Management Corporation (OTC: NGMC), today updated stockholders with news regarding its Medical Marijuana operation in Oregon.
NGMC is pleased to announce the retention of Organic Innovation (OI) to implement their proprietary cannabis growing systems into NGMC’s cannabis cultivation operation. Darryl Reed, CEO of NGMC, stated: “With more than 10 years of experience in the cannabis and agriculture industries, we are excited to implement OI’s organic cannabis growing methods.”
Mr. Reed stressed: “Using both soil based and hydroponic agriculture technologies OI has demonstrated the ability to significantly increase cannabis crop yields as much as 50% and improve product quality while reducing overall production costs. OI will begin implementing its organic grow systems in NGMC’s facilities beginning February 2018.”
About Nextgen Holdings, LLC:
Next Generation Management Corporation's wholly-owned subsidiary was formed to hold its Oregon cannabis assets.
("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully
described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)
Paul Knopick 9402623584 [email protected]
