News Update

September 28, 2018 | Chairman update

By September 28, 2018 No Comments


Our Executive Chairman Leigh Hughes dropped into the Proactive Investors Vancouver office to discuss the news of the company’s upcoming listing now that it has been cleared by the securities exchange.

He also told Proactive’s Steve Darling that the company is nearing the completion of their facility in California and what the next 6 months to a year looks like from distribution to profitability.


With our IPO imminent, we’ve been working hard on the development of our brand and its’ reach into all corners of California and the North American market. We are #makingwaves with our teaser campaign that launched earlier this week with media partner High Times Magazine and a number of other media outlets within the investor and retail markets. We are excited to continue building a strong premium cannabis community – both in California and online – and hope you will follow along and be apart of our journey.

(Insta: @nextgreenwave)


Our 35,000 sqft Facility A is now over 75% completed and well on its way to realizing its potential. Our hard-working team is under budget and delivering ahead of time. We are excited to show the world our first facility that will see world-class genetics coupled with innovative nursery and cultivation practices that ultimately produces premium quality products for the California market.


Next Green Wave Holdings Inc. (“NGW”), formerly Crossgate Capital Corporation, would like to thank you for your continued support. The NGW Team would like to update you on a couple of important changes.
  1. Effective August 22, 2018, Crossgate Capital Corporation changed its name to Next Green Wave Holdings Inc. This was to ensure the Canadian Parent entity name more closely aligned with our operating name. As a result, NGW is required to issue new share certificates (“DRS”) and these have been mailed out. If the DRS information you receive is inconsistent with your records, please contact our VP Finance (Matthew Jewell) at [email protected]
  2. As part of your investment in NGW’s 2018 $0.35 or $0.60 Private Placement, you would have received a warrant certificate, in addition to your Crossgate Capital Corporation DRS. Please note that these warrant certificates will remain in effect and valid (i.e. you will not receive an updated warrant certificate reflecting the new entity name). If you choose to subscribe to your warrants, please just follow the instructions as detailed on the certificate.


On September 21, 2018, Next Green Wave Holdings Inc is pleased to announce that it filed its preliminary prospectus with the securities regulatory authorities in British Columbia, Alberta and Ontario to qualify the issue of common shares through a non-offering prospectus.

The Company has applied to list its common shares on the Canadian Securities Exchange (“CSE”). Listing is subject to the Company fulfilling the listing requirements of the CSE.

We are excited to see our company embark on its public journey on the Canadian Securities Exchange (CSE). Please watch out for Next Green Wave in the news by following our website and social media channels.

Should you have any further questions, please email [email protected]

Leigh Hughes
Executive Chairman
Next Green Wave

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