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Next Generation Management Corporation (OTCMKTS:NGMC) Updates On New Medical Marijuana System in Oregon

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Nextgen Holdings, a subsidiary of the Next Generation Management Corporation (OTCMKTS:NGMC) recently updated its stockholders with the ongoing Medical Marijuana operations in Oregon. The company announced the retention of the Organic Innovation (OI) to execute its proprietary cannabis growing methods into the NGMC’s marijuana cultivation operations. NGMC plans to implement the organic cannabis growing systems in its facilities by February 2018.

Darryl Reed, CEO of NGMC commented that with over 10 years of experience in growing cannabis they are delighted to implement new OI’s organic cannabis growing methods. Using soil-based and OI hydroponic agricultural technologies has enabled the company to significantly increase the marijuana crop yields by 50%, enhanced product quality, and reduced production costs.

In 2014, the company changed its name from Next Generation Energy Corp. to the current Next Generation Management Corp. so as to incorporate its direct involvement in provision of the dispensary management services to the entire medical cannabis industry.

The company provides a selection of services for people who have interest in owning and managing the medical cannabis cultivation ventures including assisting the clients to select the best site location, layout the dispensary facility, staffing training and management, security services, and financial advice where applicable.

Furthermore, NGMC provides a comprehensive suite of the industry software to its clients as part of the dispensary management services that offers seed to sale controls and required regulatory compliance services that reflects the BiotrackTHC application suite.

The company has since been involved in the medical cannabis cultivation sector and has significantly grown with a possibility of becoming a leading company in the medical marijuana in the near future, Reed stated.

Next Generation Management Corp was founded in 1980 and focused on the provision of oil and natural gas products. The company later owned a subsidiary, Nextgen Cannabis Consulting that concentrates on the medical marijuana dispensary in California.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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