NewBridge Global Ventures, Inc. announced that it has formed a joint venture and signed a partnership agreement with Apothio, LLC. The joint venture was formed to create another high volume processing opportunity for NewBridge’s patented Shockwave Power Reactor (SPR) while serving Apothio’s need for a clean, scalable process by which they can produce valuable cannabinoids to fully materialize relationships with nationwide distribution partners. The joint venture will leverage the NewBridge SPR technology and processing expertise as well as Apothio’s natural farming and strong genetics IP to continue NewBridge’s work to revolutionize the hemp industry and further Apothio’s mission to create clean plant-based medicine at scale. Apothio will provide NewBridge a long term lease for a 30,000 square foot warehouse in Bakersfield, California for an industrial processing facility. NewBridge will provide all the equipment necessary and will manage the extraction operations with Apothio’s stock of hemp biomass.