NGMC $0.045 Nice Steady Climber! April 30th Big Day! The parties to the LOI anticipate closing the transaction on or before April 30, 2014. The agreement is subject to the approval of Next Generation's Board of Directors. "The growth opportunities in the Medical Marijuana industry are enormous, We believe that more cities and states are going to approve the use of marijuana for patients and we plan to be very aggressive in putting our footprint into this industry, including making our Company a national brand," Mr. Reed said.