Ashburn, VA, Jan. 23, 2018 (GLOBE NEWSWIRE) -- 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.
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