$NXGWF $NGW with its US subsidiary Crossgate Capital US Holdings Corp. have signed a definitive agreement (the "Agreement") dated March 11, 2019 to acquire 100% of California-based SDC Ventures, LLC ("SDC") (the "Transaction"). SDC is a premium cannabis consumer products goods, manufacturing and extraction leader, having 8 leading cannabis brands with 45 CBD and THC products that have a combined global social influencer reach of over 25 million people and with 100+ million YouTube views.
SDC (WEARESDC) is a team of brand building, cannabis consumer product goods, manufacturing and extraction professionals, that have decades of experience in cannabis in California. SDC has a growing network of retail and online sales channels including 700 Zumiez stores which compliments Next Green Wave's current distribution opportunities.