Next Green Wave Launches Product Line with Influential Artist Junkyard

VANCOUVER, B.C. — July 03, 2019 — Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company")is pleased to announce it is launching its next exclusive cannabis product line with influential illustrator and artist Junkyard, through its subsidiary SDC Ventures LLC. The launch is part of the Company's strategic plan to secure distribution and introduce its brands and products to the California market as it enters into revenue.

Junkyard is a well-known illustrator and street artist with an established social and digital reach of enthusiasts who follow his artwork throughout California and the United States. The first product to launch will be an oil extraction with limited release collectable packaging designed by the artist himself. Additional apparel releases and live painting appearances catering to craft cannabis culture will be announced throughout Southern California this summer.  For full product details and roll-out dates please visit: https://wearesdc.com/junkyard/

Next Green Wave CEO and Executive Director, Leigh Hughes stated: "We're thrilled to be working with Junkyard and believe his loyal fanbase and individual brand will add further strong impetus to our growth and give us wider access potential to a niche consumer looking for distinguished and quality-based cannabis products."

"We launched the Junkyard Cannabis brand with NGW and SDC as an extension of what is already happening in our fanbase. As a large portion of our fanbase are cannabis fans and consumers, it was a natural next step. Our team is excited to finally launch a premium brand with NGW and SDC. We have been looking for a partner that has the same aesthetic and attention to detail in their craft. It has been a fantastic process working alongside their team. Look out soon for products in California legal dispensaries," commented Junkyard.

About Junkyard

Junkyard is an illustrator and street artist who was born and raised in South Africa now splitting his time between Chicago and LA. Known for some of his larger than life black and white murals and clothing, he has teamed up with some of the biggest brands in the game including Disney. His Instagram account took off after he installed a mural at Threadless HQ in Chicago and began to sell T-Shirts to fans. No one knows what he looks like, which adds to the mystery behind the brand and brings focus to the art he produces. His distinct style and passion for craft high end concentrates will fill a gap in the market.

About Next Green Wave

NGW is a California based full-service premium cannabis company in the medical and recreational market. The Company's first state-of-the-art facility (35,000 ft.2) is in production and expansions on the 15 acres cannabis zoned land it is situated on are underway. NGW has a seed library of over 120 strains which include multiple award-winning genetics and cultivars. Recent acquisition of SDC and affiliates will provide NGW with significant exposure and distribution points throughout California. The investment in OMG3 will provide NGW further access to distribution throughout Colombia. To find out more visit us at www.nextgreenwave.com or follow us on TwitterInstagram, or LinkedIn.

On behalf of the board,

Leigh Hughes, 
CEO and Executive Chairman
Next Green Wave Holdings Inc.

For more information regarding Next Green Wave, contact:
Caroline Klukowski
VP Corp. Development
Tel: +1 (778) 589-2848
IR@nextgreenwave.com

Next Green Wave Forward Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, among others, the risk factors included in the preliminary prospectus, including without limitation dependence on obtaining and maintaining regulatory approvals, including acquiring and renewing state, local or other licenses and any inability to obtain all necessary governmental approvals licenses and permits to complete construction of its proposed facilities in a timely manner; engaging in activities which currently are illegal under US federal law and the uncertainty of existing protection from U.S. federal or other prosecution; regulatory or political change such as changes in applicable laws and regulations, including U.S. state-law legalization, particularly in California, due to inconsistent public opinion, perception of the medical-use and adult-use marijuana industry, bureaucratic delays or inefficiencies or any other reasons; any other factors or developments which may hinder market growth; NGW's limited operating history and lack of historical profits; reliance on management; NGW's requirements for additional financing, and the effect of capital market conditions and other factors on capital availability, including closing of Tranche 1 and Tranche 2 of the Notes; competition, including from more established or better financed competitors; and the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers. Readers are encouraged to the review the section titled "Risk Factors" in NGW's prospectus. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although NGW has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. NGW no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

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Hugo Gray
Hugo Gray

Hugo Gray is a Melbourne-based journalist with a body of work that covers a diverse range of topics, including immigration law, sex technology, and now the rapidly expanding cannabis industry.

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