Vancouver, British Columbia–(Newsfile Corp. – September 6, 2020) – Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) (“Next Green Wave”, “NGW” or the “Company”) is pleased to share a recent publication in Forbes Magazine. Read an interview below with our CEO Mike Jennings to learn more about his lifelong passion of the craft.
View the article at the original source HERE.
Warren Bobrow Forbes Contributor
7 Questions With Mike Jennings, Divergent CEO Of Next Green Wave
Mike’s Dad Byron Jennings. Local Legend up North, gone now. Courtesy: Mike Jennings
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Mike Jennings is an intriguing gentleman. He is a legacy grower and cannabis afficianto, from childhood up. His father (pictured here) was a legacy grower in the industry- before it was legalized. That’s OG! Mike is no newcomer to the business, it’s part of his DNA. And the enjoyment of cannabis? Mike has the chops, it’s crystal clear by examining his plants. The Next Green Wave crushes the competition. But why let me tell the entire story before we’ve even started? May I please present Mike Jennings, CEO of Next Green Wave. Cheers!
WB: What brought you to the cannabis business? What did you do originally?
Mike Jennings=MJ: From day 1 cannabis has been in my blood. My father grew and sold commercially in the late 1960’s and early 1970’s up until I was born in 1975, and then continued for some years on a smaller scale after that. From as early as I can remember my dad was growing, selling and smoking cannabis; I couldn’t have been more than 4 or 5 and I remember walking into the hothouse (greenhouse in old school parlance) attached to the side of our farm house off of my bedroom and it being full of big, green sticky plants in big white buckets. From the ground the plants were taller than I was and all I remember is loving the smell… I’ve always loved the smell of cannabis. So fast forward a little to 1998 and since then I’ve been growing, breeding and selling cannabis in the California medical market. However, during that time I received an education, owned and operated many other businesses, at one point even attending law school because I wanted to be a lawyer. But ultimately my heart was always in cannabis and I have been drawn back to it over and over again.
Next Green Wave Product
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WB: Do you have a mentor?
MJ: Not really. It’s very difficult to get any helpful information in the cannabis cultivation game, especially back in the day. You have to remember, predating the internet and Youtube (I’m not kidding, I’ve been in the game that long) the only IP a new grower could get their hands on were poorly written grow books from ‘has beens’ that never knew how to commercially grow in the first place. So the only information available to us were empty anecdotes and useless peripheral grow tips. The only real, valuable resources available to us at that time would be directly from the Og successful growers, but there was only one problem: Back then they kept their trade secrets to themselves. I mean think about it, if there are no other resources other than a select few who are actually doing it and making a ton of money in the process why would they help some new guy like me out? So no, no mentors for me… I had to learn the hard way every step of the way.
WB: Did you always want to do what you do today?
MJ: I could say yes, but that would betray the fact that I ever thought it could be possible to be the CEO of a public cannabis company. For me growing up, any form of cannabis legalization seemed so far in the future that I couldn’t imagine it not being illegal; in 1996 when prop 215 passed I was already 21. In that context I never imagined the chance would present itself in the way it has over the last 5 or 6 years. In fact, I wouldn’t be doing what I’m doing today if not for complete legalization in Canada and the subsequent explosion of capital into cannabis based business models, so in that context I just happened to be in the right place at the right time.
WB: Who inspired you?
MJ: I’d have to say my father because he instilled in me all of the traits necessary to succeed and inspired me to be the man I am today. I watched him work tirelessly to grow our family farm and do whatever it took, day in and day out, to get the job done, and that made a huge impression on me early on. He taught me that you can’t expect from your partners or employees what you don’t give yourself and therefore half measures are unacceptable. So from the time I was 8 he expected me to contribute my abilities in every way possible and constantly reminded me that anything less was unacceptable, which pretty much embodies my operational business philosophy.
WB: What are your goals in business? Six and twelve month? What about the obstacles? What about stigmas?
MJ: My current goal is to continue to grow Next Green Wave into the mature, profitable company it is already becoming and expand on that business model into strategic markets. Over the next six months that means getting our extraction facility online and beginning the process of expanding our flower production capacity. Over the next twelve months I’d like to continue to focus on the CPG side of Next Green Wave by further expanding our product portfolio in the California recreational market to continue to capitalize on the rapidly growing demand for our artisanal grade products. That being said, the main obstacle we have in the short term is supply, because we are consistently 100% sold out of everything we produce, sometimes weeks in advance, so we need to expand capacity and fast. As far as stigmas go, that’s so far in my rearview mirror I don’t even see it. Honestly at this point the best thing I can do to reduce the stigma, or any other cannabis CEO for that matter, is to continue to operate the most compliant, efficient, profitable company I can, period. In those terms the only thing that’s going to remove any remaining stigmas on the cannabis space is legitimacy.
WB” Do you have a favorite food memory?
MJ: Interestingly enough, yes I do have a favorite food memory. Although the older I get the more childish it sounds to say anything is my favorite, I do have a food memory that was so off the charts amazing that I can say it is bar none my favorite: Proposing to my wife at Eleven Madison Park in New York. The entire restaurant, patrons and staff included, gave us a standing ovation. It gives me goosebumps just thinking about it; I planned it months in advance and it was simply a surreal moment in my life that I will never forget and it went off flawlessly and ended in a way I could have never imagined.
7. What is your favorite strain to grow and why?
MJ: Over the years my opinion on that has changed many times, but I’d have to say that GMO Cookies is my favorite strain to grow at the moment. The strain has all of the aesthetic and quantitative qualities that matter in the game right now, and on top of that it’s the most fire smoke I’ve had in a long time, bar none. Her aroma profile is off the charts, she has great structure, she yields (both flower, hash, wax) and she hits. What more is there to say?
For more information regarding Next Green Wave please contact:
Tel: +1 (604) 609.6167
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/63346
PURA Plows Forward With Farmersville Brands And Stock Dividend
Dallas, Texas–(Newsfile Corp. – September 30, 2020) – Puration, Inc. (OTC Pink: PURA) management today communicated assurance that the company’s Farmersville Brands strategy to include the acquisition of 72-acre property in Farmersville, Texas and infused with a $100 million planned investment is moving forward. Management also confirms intentions to promptly execute on the distribution of a previously announced stock dividend. With both coming at the end of the third quarter, management decided to close the quarter before the definitive execution of the property acquisition and the dividend. PURA expects to make prompt definitive moves on both next week. Management is also pleased to highlight the impending initiation of a third production run this year of its EVERx CBD Sports Water in conjunction with ongoing consistent sales in the face of this year’s pandemic challenges.
For more information on Puration, visit http://www.purationinc.com
This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/64943
The Top Reasons Lithium Prices Will Soon Spike Higher Again
Houston, Texas–(Newsfile Corp. – September 30, 2020) – The world could run into a massive lithium supply crunch.
Thanks in part to the electric vehicle boom that doesn’t look to cool off any time soon.
In fact, “A global push for EV adoption, helped by government subsidies and incentives, means that demand for lithium is not going away. Companies like Volkswagen, Ford, Mercedes and Amazon having started shifting their focus to electric vehicles,” reports Bloomberg.
According to the Boston Consulting Group, by 2025, EVs could account for a third of all auto sales. By 2030, EVs could surpass combustion engine vehicles with a market share of 51%.
Helping to fuel the boom, Tesla just signed a lithium ore supply deal with Piedmont Lithium.
“The initial five-year agreement implies that Piedmont will supply about a third of its planned 160,000-tonnes-per-year spodumene concentrate produce from its deposits in North Carolina. Both companies have an option to extend the deal for another five years,” added Reuters.
With demand increasing, it’s only a matter of time before lithium prices spike again.
E3 Metals Corp. (TSXV: ETMC) (OTC Pink: EEMMF) Could Be a Big Part of the Lithium Boom
E3 Metals Corp. just hosted the Energy Minister, Sonya Savage, from the Government of Alberta at the Company’s offices in Calgary.
During this visit, the government announced it has assembled a five-member panel of experts from the metals and mining industry whose strategic advice will help government unlock the province’s vast mineral potential, including lithium. The panel will support the province in its efforts to diversify its economy and become a world leader in mineral resource production.
“We are very happy to host the Minister of Energy at our offices today. This announcement solidifies the province’s commitment for the development of critical minerals. E3 Metals is on the forefront of lithium development in Alberta, a critical mineral that can be produced on the backbone of the oil industry. Alberta has a skilled energy labour force already in place that is well positioned to support an emerging minerals sector,” said Chris Doornbos, President and Chief Executive Officer of E3 Metals.
“As E3 Metals works to commercialize lithium production in Alberta, we are excited to participate in this broader effort to position Alberta as an international player in a world increasingly focused on battery materials,” he added.
In addition, according to Sonya Savage, Minister of Energy, Government of Alberta, “We (the Alberta government) need to take bold action to diversify our economy by exploring… minerals. Our government’s efforts will support the development… of the mineral sector including the ground breaking work that is being done by Alberta companies such as E3 (Metals). Our ultimate goal (is to become) a global destination for mineral investment exploration and development.”
The announcement by the province complements the Canada-U.S. Joint Action Plan on Critical Minerals Collaboration, which focuses on securing and developing critical mineral supply chains. Lithium, graphite, cobalt and rare earth elements, all of which play an important role in the production of lithium-ion batteries and the energy storage sector, are listed as critical minerals. To date, many other developed economies have put in place a critical minerals strategy including the European Union, Japan, Korea and Australia.
For more information, visit the company’s website at https://www.e3metalscorp.com
Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.
For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement between Winning Media and E3 Metals Corp. Winning Media has been paid two thousand dollars for advertising and marketing services for E3 Metals Corp. We own ZERO shares of E3 Metals Corp. Please click here for full disclaimer.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/64942
PAOG Cannabis Pharmaceutical Research Initiative Gains New Traction
Sandusky, Ohio–(Newsfile Corp. – September 30, 2020) – PAO Group, Inc. (OTC Pink: PAOG) today indicated plans to reveal new information on the Company’s initiative to expand its cannabis pharmaceutical treatment research beyond its current focus on Chronic Obstructive Pulmonary Disease (COPD).
In a media interview scheduled for release on Friday, October 2nd, PAOG Jim DiPrima will highlight a new pharmaceutical cannabis research expert resource engaged by the company to bring new industry recognized expertise to move PAOG’s cannabis pharmaceutical asset forward.
On July 30, 2020, PAOG acquired RespRx from Kali-Extracts, Inc. (OTC Pink: KALY). RespRx is a cannabis treatment under development for COPD derived from a patented cannabis extraction method – U.S. Patent No. 9,199,960 entitled “METHOD AND APPARATUS FOR PROCESSING HERBACEOUS PLANT MATERIALS INCLUDING THE CANNABIS PLANT.”
In an initial scientific evaluation as a treatment for COPD, RespRx has demonstrated effecting significant increases in respiration rate, tidal volume and inspiratory air flow rate. Overall data from the evaluation demonstrated that RespRx can significantly improve inspiratory lung functions in instances of moderate pulmonary fibrosis.
With RespRx now in house, PAOG has engaged multiple new experts from both the university and commercial medical research community to evaluate the RespRx formula, the formulation process and the test results.
The expert evaluation has reviewed RespRx in conjunction with other publicly available cannabis treatment research. Two studies in particular, both of which highlight the research behind GW Pharmaceuticals’ cannabinoid treatments, shed light on PAOG’s wider opportunity stemming from RespRx, the process to derive RespRx and the clinical trials to date behind RespRx.
One of the two studies is focused on CBD and the other on THC. The research seems to indicate CBD has both an impact on hyper-immune responses that might result in conditions like a cytokine storm which impacts many COVID-19 patients, and positive stimulation of immune responses that fight bad cells. The THC report seems to validate its ability to relieve pain, but it also indicates immune response manipulation capabilities to include anti-inflammatory reactions and the stimulation of immune responses to fight bad cells.
CBD Research – https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7173676/
THC Research – https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6219460/
In summary, existing publicly available cannabis treatment research further supports the research findings behind RespRx, and at the same time, the publicly available research sheds light on the expanded potential of PAOG’s RespRx overall technology.
The growing body of cannabis research is building convincing evidence behind how specific cannabinoids can beneficially impact specific immune responses. The research behind RespRx demonstrates how the process to derive RespRx can be manipulated to target specific cannabinoid extractions. Accordingly, as advancing cannabis research unveils further evidence behind how specific cannabinoids beneficially impact specific immune responses, PAOG is optimistic that it can utilize its overall cannabis extraction process to effectively derive formals with high concentrations of target cannabinoids. Hence, PAOG sees a more broad future of developing cannabis treatments beyond COPD.
In conjunction with PAOG’s acquisition of RespRx, the company also recently acquired a hemp cultivation business from Puration, Inc. (OTC Pink: PURA) to develop a proprietary cultivar to support PAOG’s cannabis pharmaceutical treatment objectives.
PAOG has announced plans with PURA to expand upon PAOG’s hemp cultivation business to develop a proprietary hemp cultivar. PAOG and PURA are partnering on PURA’s Farmersville Brands initiative.
PAOG’s Farmersville cultivar development operation will include a lab and an environmentally controlled indoor growing facility. PAOG is working with current cultivars to evolve and produce an ideal plant with full spectrum, high CBD yields to support ongoing RespRx development and to support future CBD pharmaceutical developments.
PAOG is exploring opportunities to engage with university research in partnership with its hemp cultivar development initiative.
PURA recently announced a year long initiative to transition PURA from a CBD sports beverage manufacturer into a hemp conglomerate built on lifestyle brand with a broad CBD consumer products reach, and a leading industrial hemp initiative. The brand name is Farmersville Brands and as part of their strategy, PURA has entered into a letter of intent (LOI) agreement to acquire 72 acers of agricultural property in Farmersville, Texas. PURA’s year long initiative includes plans to see the Farmersville Brand strategy infused with a $100 million investment.
Forward-Looking Statements: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/64940
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