NEW WAVE HLDG INC COM USD0.001 (OTCMKTS:NWAV) is a micro-cap stock that looks to be a new player in the cannabis patch under the guise of an “alternative medicine” business, with a focus on substance abuse treatment. Though that could seem a bit ironic, pot has been shown to help with opiate addictions, and the market is starting to clearly take NWAV stock quite seriously, with it running over 1000% higher around headlines announcing the opening of four new PAO facilities (the company’s subsidiary treatment company) in the states of Ohio and Florida.
According to the release, the Company’s flagship clinic in Sandusky, Ohio is on track to begin accepting appointments before the end of February 2017, and New Wave has just begun construction in Cleveland for their second facility in the state of Ohio, which became the 25th state to legalize Cannabis for medical purposes late last year.
NEW WAVE HLDG INC COM USD0.001 (OTCMKTS:NWAV) promulgates itself as a publicly traded holdings company dedicated to development and launch of PAO Group alternative medicine clinics focused on ‘non-traditional’ patient care solutions.
The realm of treatment solutions include cannabis, acupuncture, chiropractic, biofeedback, and other solutions depending upon patient needs.
PAO’s Substance Abuse Rehab center is a substance abuse rehabilitation center specializing in opiate addiction treatment in addition to the alternative medicine clinic that is currently under construction in Northwest Ohio.
“Without loss of focus or momentum in the construction of the alternative medicine clinic, we have been able to negotiate and secure a lease on the entire building in which the alternative medicine clinic is being launched. This provides the company with an expansive 10,000 square feet in which to build out both the rehab treatment center and the clinic at the same principal location,” Art Hall, Director of Operations, stated. “We are