FAIRFAX, Va., Feb. 12, 2015 /PRNewswire/ -- NextGen Holdings,
LLC, a wholly owned subsidiary of Next Generation Management
Corporation (NGMC), today announced significant progress in its
three areas of concentration in the medical marijuana sector in
Oregon.
NGMC previously announced a partnership with Merry Jan's Edibles, LLC, to market marijuana
infused edibles. NextGen announced today that two sales
people have been hired for Oregon
and two more are being interviewed for the state of Washington.
"We have rolled out three amazing cookie flavors to begin with:
Triple Chocolate Mint Brownie, Chocolate Raspberry Almond Bar and
Old Fashioned Molasses. We have sold more than 1,500 units and
growth has been especially strong in the last three weeks," said
Darryl Reed, CEO. "We also
will unveil a website shortly and we are researching if orders can
be placed on-line."
NGMC also recently announced it has secured a medical marijuana
cultivation facility in Oregon. The Company said today that
the first "crop" of high quality medical marijuana should be
available in July 2015 for
patients.
Finally, the Company said it has retained The Oregon Resource
Group, with significant experience in the cannabis real estate
industry, to assist in the Company's efforts to obtain a dispensary
location in Oregon.
"We are pleased by our achievements in Oregon and look forward to keeping investors
updated on our progress," Mr. Reed said.
About NextGen Holdings, LLC:
Next Generation Management Corporation's wholly-owned subsidiary
was formed to hold its Oregon
cannabis assets.
("Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: This press release contains or may contain
forward-looking statements such as statements regarding the
Company's growth and profitability, growth strategy, liquidity and
access to public markets, operating expense reduction, and trends
in the industry in which the Company operates. The
forward-looking statements contained in this press release are also
subject to other risks and uncertainties, including those more
fully described in the Company's filings with the Securities and
Exchange Commission. The Company assumes no obligation to
update these forward-looking statements to reflect actual results,
changes in risks, uncertainties or assumptions underlying or
affecting such statements, or for prospective events that may have
a retroactive effect.)
Contact: Paul Knopick
pknopick@eandecommunications.com
940.262.3584
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SOURCE Next Generation Management Corporation