Next Green Wave has been established to produce and supply medical cannabis products to patients throughout the State of California.
Next Green Wave has two sites totalling 85,000 sq ft that have been permitted for medicinal and recreational marijuana operations in Coalinga, CA. Buildout has commenced, and Facility A completion is scheduled for September 2018. Two additional sites have recently been acquired and are in license application phase which will increase our capacity significantly to 350,000+ sq ft.
Next Green Wave has been awarded Conditional Use Permits (“CUP”) for indoor cultivation, nursery, manufacturing and extraction, and distribution, making it a completely vertically integrated operation from seed to sale.
With the state of California having commenced recreational sales on January 1st, 2018, it is poised to become the largest cannabis market in North America. Next Green Wave is well positioned to become a key producer in a market that is expected to grow to US$6.5B in sales by 2020.