Next Green Wave Holdings Inc. said Tuesday that it has completed the installation and activation of its research and innovation laboratory under license from biotech leader Intrexon Corp.
In a statement, the Vancouver-based cannabis company said this will advance Intrexon's Botticelli next-generation non-GMO propagation platform and begin the rapid optimization and production of Next Green Wave's proprietary cannabis cultivars.
In line with a deal announced on March 22, Intrexon and Next Green Wave have now achieved the following milestones:
- Optimization of the Botticelli protocol for Next Green Wave's hemp CBD strains; and
- Achieved the completion of a tissue culture lab at a Next Green Wave production site to begin Botticelli optimization of the cannabis company’s proprietary nursery stock
In a statement, Next Green Wave CEO Michael Jennings said the opening of the research facility is a “huge milestone” in the company’s path to establishing “a world-class” cannabis nursery.