Posted on : 14-07-2014 | By : admin | In : Stock Newsletters
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   THE NEW EPIC VIP MEDICAL MARIJUANA PROFILE IS NGMC (Next Generation Management Corp) Hello VIP`s, NGMC (Next Generation Management Corp) is our New Epic Profile! Last Trade: .0277 | SEC Filings | Recent News Begin your research at www.nextgenmanagementcorp.com Today`s new profile may be a familiar face to members and one of the latest entrants into the wild and often volatile Medical Marijuana Sector that has taken the OTC by storm in the last year.
Earlier this year, NGMC announced a major shift in their business as they refocused their operations to the Medical Marijuana industry with plans to focus on the acquisition of retail and cultivation licenses in North America and develop a national brand.
“NextGen isn`t just another company entering the Medical Marjuana industry, which has proven to be very exciting for investors in recent months,” stated Darryl Reed, CEO.
“We are undertaking a very sophisticated business plan that has been in development over the last five years. As more states are legalizing marjuana and there is significantly more discussion on the use of marjuana for medical purposes, we are convinced that now is the time to launch our very aggressive platform.” Following that announcement, NGMC announced they signed a Letter of Intent to purchase 20% of the capital stock of Greens R Us, Inc. – a private company that operates a medical dispensary in Los Angeles as well as a Letter of Intent with Highway 2 Health, Inc. who owns and operates three dispensaries in Los Angeles.
“The growth opportunities in the Medical Marijuana industry are enormous, We believe that more cities and states are going to approve the use of marijuana for patients and we plan to be very aggressive in putting our footprint into this industry, including making our Company a national brand,” Mr. Reed said.
With the seemingly quick transition into the industry and an official company name change in effect, what has NGMC been up to since Let`s dig in…
NGMC ENTERS THE MEDICAL MARIJUANA INDSUTRY NEXT GENERATION ENERGY CORP (OTCQB: NGMC) was originally formed to further its equity interests and holdings in the energy business including but not limited to owning natural gas and petroleum oil properties. SInce expanding their interests through their wholly owned subsidiary, NextGen Cannabis Consulting LLC, NGMC plans to provide management services to the high growth marijuana industry.
NextGen Cannabis Consulting LLC was formed to enter the high growth medical marijuana business initially at the dispensary level with plans to enter each level of the supply chain. The initial revenue stream will be from providing turn-key, end-to-end management and support services for existing medical marijuana dispensaries. The industry has a large demand for dispensary management systems (DMS) in this relatively new industry.
The in-house developed, proprietary end-to-end DMS services offered by the Company include training and staffing of dispensary management and sales teams, facilities management, security systems, armed security guards, video surveillance, loss prevention systems, and a full suite of information technology to manage all aspects of the supply chain from grower through retail transactions.
NGMC states that they are positioned to leverage the relationships that have been built with domestic and internationally recognized experts in the cannabis industry. The Company has added financial, legal, information technology and dispensary operations talent with extensive cannabis industry experience.
RECENT DEVELOPMENTS On April 25th, NGMC announced that it had executed a lease for a new medical dispensary in Hollywood, CA.
“The opening of this new dispensary will allow NGMC to implement our Dispensary Manage System (DMS), which we have spent a great deal of time and effort planning. This includes a full suite of cannabis management software that provides seed to sale inventory control, point of sale and financial reporting.
Our systems will meet or exceed current California rules and regulations. NGMC will also implement a state of the art audio/video security system and 24 hour monitoring,” Mr. Reed said.
Then just last week, NGMC announced the “milestone” news that this dispensary is now open! We have appended a portion of this press release below…
FAIRFAX, Va., July 9, 2014 /PRNewswire/ — Next Generation Management Corp..
(NGMC) announced today the opening of its flagship medical marijuana dispensary in Hollywood, California.
“We are pleased to achieve this important milestone in our Company`s growth,” said Darryl Reed, CEO of NGMC. “As more states relax laws regarding the sale of medical marijuana our turn key DMS (Dispensary Management Service) will be an important resource for new dispensary owners.” NGMC provides dispensary management services to the medical marijuana industry including site location selection, dispensary build out, staffing, staff and manager training, security services, and financial advice. Additionally, NGMC offers as part of its DMS package a comprehensive suite of industry specific software that offers seed to sale controls and regulatory agency compliance featuring the BiotrackTHC application suite.
“Our goal is to achieve more than 200 patients a day within the next 60 days by advertising on popular medical marijuana sites and by providing the highest quality products,” Mr. Reed said.
“We are actively searching for our next location in Southern California,” NGMC`s CEO concluded.
Below are some recent photo`s of NGMC`s newly opened Hollywood dispensary with Highway 2 Health. More can be found on the company`s website and Facebook page.
[jpeg] As one can imagine, the news appeared to have had quite an impact with traders.
After trending south for most of the Summer, NGMC recently breached the significant 50 Day Moving Average last week – a notable Bullish signal.
In addition, RSI (Relative Strength Index) has begun to move north indicating a shift in momentum.
MACD (Moving Average Convergence Divergence) also saw a Cross of the Line & Signal into Bullish Divergence.
NGMC now has a “BUY” Rating with 32% Opinion from Barchart.com Looking at OTCMarkets.com, although not yet showing significant assets or revenues, NGMC is a fully-reporting company with a Float of just 60,829,482 as of April 4th.
There may be much to look forward to with NGMC from the recent opening of their dispensary and the implementation of their Dispensary Management Service to the company`s stated plans to find another location in Southern California and a potential warehouse location for a growth facility.
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