Replies to post #8194 on Next Generation Management Corp (NGMC)

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Havent contacted the company or Merry Jans but It did get some Canadian coverage on Stockhouse by Chris Parry, who is stockhouse marijuana analyst...

If you like the edible space (and I do, a lot), you really need to look to the OTC. There you’ll find Next Generation Management (OTO:NGMC, Stock Forum) (not to be confused with Next Gen Metals or Nexgen Energy or ExGen Resources) which just lifted off after announcing a deal with a deal with an Oregon based cannabis baker, Merry Jan’s Edibles.

Oregon recently opened its medical marijuana market and the company plans to be cranking into top gear when that market becomes effective in July. Next Gen had announced the deal as far back as November, but watched its stock slide continually through 2014 while the details came together.

Said CEO Darryl Reed, “We are actively developing cultivation capability throughout the state and we anticipate opening the first of several Oregon based dispensaries. Our growth will be achieved through acquisitions, forming strategic partnerships and new business development."

Two days later, NGMC was at it again, announcing it had secured a 3200 sq ft Oregon cultivation facility. Not exactly a game changer in terms of size, but with plans to operate its own dispensaries, NGMC just nailed down its supply.
Read more at http://www.stockhouse.com/news/newswire/2015/01/26/medical-marijuana-update-satori-deal-switches-gears-jacob-digs-matica#tZhmO0IbJiW0rLkC.99