FAIRFAX, Va., Jan. 20, 2015 /PRNewswire/ -- Next Generation Management Corporation (NGMC) and its wholly owned subsidiary, NextGen Holdings, LLC, is pleased to announce its partnership with Merry Jan's Edibles, LLC to market marijuana infused edibles is now fully operational and being aggressively and successfully launched.
"Merry Jan's Edibles has recruited sales staff and is now in full production of its cannabis infused gourmet cookies, brownies and other baked goods and confections. After considerable market research and with expert legal guidance, Merry Jan's is actively offering it products to licensed medical marijuana dispensaries throughout Oregon," said Darryl Reed CEO of NGMC.
"Our products have met with great enthusiasm in the market and we will be focusing on expanding capacity, adding more products, increasing social media presence, advertising and increasing staff," Mr. Reed said.
"We want to be well established and ready to supply the recently authorized recreational marijuana market when it becomes effective July 2015 under Measure 91. Being an established brand in the medical marijuana market place will position us to be ready for the licensed recreational market," Mr. Reed explained.
"NGMC continues to execute an aggressive expansion plan to serve the medical marijuana community in Oregon. We are actively developing cultivation capability throughout the state and we anticipate opening the first of several Oregon based dispensaries. Our growth will be achieved through acquisitions, forming strategic partnerships and new business development," Mr. Reed concluded.
About Nextgen Holdings, LLC:
Next Generation Management Corporation's wholly-owned subsidiary was formed to hold its Oregon cannabis assets.
("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)
Contact: Paul Knopick
SOURCE Next Generation Management Corporation