The marijuana stock market throughout the month has had its ups and downs without a doubt. Although it is only the first week, it seems as though things could begin to get better with news hitting about the U.S. governments potential vote to allow CBD edible products among other things. With so much up in the air about marijuana stocks at the current moment, it seems like now is a better time than ever to take a second look at the market.
Next Green Wave (NXGWF) (NGW) is one of the premiere vertically integrated producers of craft cannabis. The company is currently operating out of a facility in Coalinga, CA which is conveniently located in between Los Angeles and San Francisco. These two individual markets are some of the largest within the largest statewide cannabis market in the nation. Their location is no accident, and it seems as though it has helped push aside any notions of them not being able to meet the high and growing demand of the industry.
Interestingly, their vertical business model has allowed them to do two things. One, it has given them complete control over the product that they are producing. Because they have the only hand in their business, they are able to oversee every aspect of production to the highest degree. This means that they can produce extremely high-quality marijuana which is something that customers are sure to enjoy. Second, their vertical business model allows them to have higher margins than the majority of their competitors. This is due to the fact that there is no middle man in the way of profits.
Leigh Hughes stated that “we’re a fully vertically-integrated business. We’ve got four conditional use permits on the recreational side and on the medical side, which is quite unique. Our tagline is a premium seed to consumer integration. We take it right from the seed all the way right to the retail storefront, providing our consumers and customers with multiple premium product lines. That’s where we see the business going.” All in all, Next Green Wave remains an important company to keep on any investors watch list for the future of the industry.
Aleafia Health (NASDAQOTH:ALEAF) is another smaller market capitalization company that has remained somewhat under the radar until now. The company recently completed its acquisition of Emblem, which should help them to have an even larger network of clinics throughout the Canadian landscape. The company currently has 40 branded clinical health centers and has treated up to 60,000 patients in the nation.
Currently, they have been working to produce more cannabis to begin fulfilling the high demand from those 40 health clinics. This should help them to increase customer loyalty as well as push their margins up. Aleafia Health may be an under the radar company, but they do seem to have a lot of potential to offer investors. Either way, the most important step is to always do the proper research.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Next Green Wave (NGW), Midam has been paid $150,000 from Next Green Wave (NGW) for a period from October 1, 2018 to November 8, 2018. Midam has been compensated an additional $100,000 and has extended its period of coverage to December 8, 2018. Midam has been compensated an additional $75,000 and has extended its period of coverage to January 8, 2019. Midam has been compensated an additional $50,000 and has extended its period of coverage to February 8, 2019. We may buy or sell additional shares of (NGW) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Next Green Wave.
