Hello Readers & Traders,
The potentially back-2-back gainer pick that could possibly make you feel as high as a kite, is NGMC!
NGMC (Next Generation Management Corp.) – Current PPS - $.017
NGMC is one of the very few fortunate companies that is qualified to be entered into the medical marijuana arena.
No one needs a reminder of how huge the spectrum of the marijuana market is.
Currently priced just above a penny, NGMC could be primed and ready for a potential bounce play that could possibly send it to its 52-week high!
If there’s anyone that thought that they may have missed out on the opportunity to get in on the MJ craze, worry not. NGMC could be your entry ticket to the mania.
This amazing once in a lifetime event, (We’re talking about the legalizations of recreational marijuana and the entire Med MJ field) will always be remembered and compared to the prohibition of alcohol. Some people just want to say that they were involved in some capacity. NGMC offers this opportunity.
The selection process of companies like NGMC being eligible to get into the marijuana arena is tough, but they have. Recent history has shown that these types of companies have led to generous profits and enormous potential for financial growth.
Some NGMC information about their business is best explained in one of their press releases when they announced the opening of their flagship dispensary in Hollywood, California.
Here is that buzzing news:
"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.
To read the whole press release:
http://finance.yahoo.com/news/next-generation-management-corp-opens-130200718.html
BUSINESS SUMMARY
(NGMC Next Generation Management Corp. / PPS. $.017)
http://www.nextgenmanagementcorp.com
Next Generation Management Corp. operates a medical marijuana dispensary in Hollywood, California. It 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.
NGMC has formed a wholly owned subsidiary, NextGen Cannabis Consulting LLC to provide management services to the high growth, high profit medical 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. Because of the significant opportunities now growing in the industry the Company is aggressively entering this growing market.
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.
NGMC plans to focus on the acquisition of retail and cultivation licenses as legality spreads through the country, as well as the development of a national brand.
MARKET OUTLOOK
New highs: An aging population and loosening regulation will boost grower revenue.
For decades, all marijuana transactions in the United States were conducted under implicit or explicit prohibition. States have increasingly moved to legalize marijuana for medical purposes, though, as well as to implement regulations for organizations that produce and distribute cannabis. The growing acceptance of medical marijuana is providing operators and investors with unprecedented opportunities. Furthermore, the federal government has signaled its tacit acceptance of these state actions. Consequently, the Medical Marijuana Growing industry is expected to experience annualized revenue growth of over 1,000%.
Prospective medical marijuana growers face minimal barriers to entry in terms of capital costs.
State regulations have mixed effects. In general, increased state regulation has benefited industry operators by legalizing medical marijuana or providing more concrete regulation on marijuana growing.
Legal marijuana sales in the U.S. will top $2.3 billion in 2014, up 64 percent from last year’s $1.4 billion, according to a new study by a marijuana industry group. At that rate, U.S. cannabis sales will outpace the worldwide growth of smartphone sales, which expanded 46 percent between the second quarters of 2012 and 2013, the report says, citing Gartner research, according to Charter Financial Publishing Network.
Almost 600,000 consumers have purchased cannabis legally from a retail storefronts in 2013, according to the report by ArcView Market Research, which is owned by The ArcView Group, the leading national network of investors in the legal marijuana industry.
A study cited by AFP estimated that the Colorado state government could reap an annual $10 billion by 2018.
INVESTOR HIGHLIGHTS
NGMC has established themselves in the marijuana game and marijuana has been the hottest thing in the OTC community, and that has the potential to propel any stock.
NGMC plans to focus on the acquisition of retail and cultivation licenses as legality spreads through the country, as well as the development of a national brand.
NGMC is actively searching for their next dispensary location in Southern California.
NGMC is on the top tier of the OTC Markets listed as an OTCQB, while many Marijuana companies are listed as a Pink Sheet, which is a lower ranking.
NGMC is doing what several other companies have had a LOT of success doing.
As if the news about NGMC, which is in the hottest industry in the United States, wasn’t enough, the stock’s technical setup makes it even more appealing.
This company could have true hope and could be in a fantastic position for a favorable circumstance.
No smoke & mirrors here. …….Well, maybe just a little bit of smoke!
So before you start your morning, remember to check out NGMC!
