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Looks like we're closing in earning reporting. Sweepstakes are open!
Have not heard. All I know is that the city of Coalinga CA has given the go ahead to start construction. Might have to change all of the paperwork due to the sell. Personally, I don't think the timing is good for building right now. Too many supply issues. Building materials cost going through the roof. If Trump gets re-elected that should all settle back down. 2023 would be the time to think about building the next 60,000 square foot building.
What I have seen with my own eyes is very promising. Just one of the building blocks for Planet 13. It's a good one. The bigger companies with some success will be buying out the smaller. Nature of business. I am all in with Planet 13. Started with Next Green Wave. Like what I am seeing.
Quote:
"There’s a lot of runway to grow at the Coalinga facility – with more than 15 acres, or around 350,000 square feet"
Will keep adding
https://lacannabisnews.com/next-green-wave-looks-to-capitalize-on-a-sea-of-opportunity-in-california-cannabis/
Anyone know where construction stands on the new site that NGWY was building?
Important financial reports coming up. We'll be looking for financial health and guidance from leadership on what the business goals will be for the upcoming year(s).
Important financial reports coming up. We'll be looking for financial health and guidance from leadership on what the business goals will be for the upcoming year(s).
Cryto...you seem to be in know...what's the current status on the construction of the new NGWY site? I've lost track of it
Ever since Next Green Wave started Construction on its grow I added. I knew what I saw as I walked through the half-completed building. I sold a short while back and purchased Planet 13. I never liked the
Next Green Wave name. I saw the name Planet 13 and that was it. It’s a good name.
It's been steadily crashing for 2 years,curvy.
I think you should know who has been dumping this stock by now along with your absent hypesters from NGW. I warned you guys months ago over on nxgwf after what Mike lost in court.
To me it sucks, very little liquidity really.
Over a mill is bad ?
Volume was/is totally pathetic.
Held its own most of the day,still ends up down 5%
The entire market is not helping.
YOU CAN NOT go wrong $1.99 or less. IMO.
Where are their financial reports?
Hey, if it keeps going down though, it will be like the old NXGWF neighborhood lmao. .32 anyone?
What do you think the reason was?
Where is bottom? :))))
There was a reason why only 3% voted no
Always somebody else's fault huh? Not maybe I shoulda dumped this stock when I had the opportunity right?
"In February, Scotts warned that Hawthorne’s first-quarter sales were expected to decline by roughly 40% because of “a slowdown in the cannabis market as well as supply chain disruptions,” despite its recent acquisitions of Luxx Lighting and True Liberty Bags."
Next Green Wave and Planet 13 should be ashamed of how they did us shareholders that believed in NXGWF dirty. We did NOT get the conversion rate we were promised because we were locked out of trading for nearly 2 weeks. IR for both companies sucks balls, I know they could care less but Mike, and Planet13 and their trust “attorney” really did us all wrong. Welcome to this dump of a company, which is now at an all time low. Zero communication from both companies and lack of care for long term investors. Zero respect.
Yaaaa I kinda seccond that! As one coming from the other side, I think we're all a bit out of the loop on expansion progress. I haven't seen an update in months. But I'm not selling in the down market. I think this has brighter days ahead.
Would love to hear from the NXGWF OGs Hunter and Harpo on the new path.
Good luck to all.
What a great welcoming for the NGW shareholders 25% down! Our stock not being tradeable for several days allowing us to get stuck taking a big haircut off the 46.5 cents CAD we were to receive. What a great deal Mike really took care of his stockholders. What about the 50000 sqft expansion at NGW facility is it a go or not? I think Plantet 13 owes the loyal NGW shareholders some kind of guidance for the near future to stop this bleeding!
Outstanding Shares
198,687,950
03/01/2022
So Planet 13 made Mike Jennings President of East Coast Operations and they took Todd Hybels and made him Vice President of midwest operations even though the only operations they have are in Nevada and California.
The company forked out $55 million for a medical only license in Florida from Harvest Health whom was acquired by and forced by Trulieve to sell their license. Florida is in a race to the bottom with Trulieve owning more then 50% of the entire market share and it's stock at a 52 week low down 58% in the past year. So Planet 13 got Mike out of Cali as far as they could to a market that is nonexistent for them. How much you want to bet he's shown the door in the next 6 months along with Hybels???
Crazy industry. Am I the only one that actually does research anymore?
PLNHF (-45.95%)past 6 months
2.60 USD -0.20 (7.15%)today
LOOKING REAL GOOD.
PLNHF (-45.95%)past 6 months
Enough said.
Questrade told me today it could be 15 business days from today before all the procedures are finished, couldn't tell me anything about the value would be though.
The swap to planet 13 shares hasn’t actually happened yet. But yes, when I log into my brokerage it’s showing a huge % down on green wave shares. It better go back up when they issue the new shares.
From planet 13 investor relations:
“ The Plan of Arrangement went effective on March 2nd and the payment date is today March 7th. You should have your shares today, tomorrow or at worst the following day.”
I hope our value goes back up to what it should be.
My value has stayed the exact same, but my shares still show NXGWF and not PLNHF. Getting irritated...
Did the value of anyone's stocks go down after the swap? Mine was showing down almost 50% yesterday, back up till full value today, now showing down almost 50% again.
Got off the phone with Schwab, sounds like it will covert tomorrow.
Yup. T. D. Ameritrade is still showing the NXGWF shares there. But eventually it will show all the PLNHF shares and no NXGWF. May take a few days but it will happen.
I logged into my account this morning and still have all my NXGWF shares, which I can't do anything with as it's delisted or whatever.
What about you all? Still seeing NXGWF? Just want to make sure I didn't miss something.
Coming in as a long time NGW shareholder, I feel as though the purchase price struck was much, much less than the company actually warrants. Next Green Wave is insanely profitable.........something which is rare indeed in this sector. They have earned an incredibly loyal customer base and for good reason. They produce the finest cannabis products available at any price.........in this is consistently verified by third party testing. But I realize this is not uncommon for anyone holding shares of a company which is being acquired.
There are a lot of things I loke about the deal however. I see it as a truly symbiotic acquisition where each company is helping the other.
Just wondering what others feel, especially those from the other side of the equation.
Nice move today for PLNHF. Us NGW shareholders need the price of P13 to be between $3.00 and $3.25 by the time the acquisition takes place. That gives us the greatest bang for the buck. Looking good.
NGW Shareholder vote coming next month. The combined assets, and certainly NGW's insane profit margin will bode well for PLNHF going forward.
Can Gavin Newsom fix California's Cannabis Problem?
https://www.msn.com/en-us/news/us/gavin-newsom-was-the-face-of-legal-cannabis-in-california-can-he-fix-its-problems/ar-AATk8U9?ocid=hplocalnews
Good news?
https://www.marijuanamoment.net/
Silence on Press Releases. Not normal.
Anyone have any news? Thoughts?
Bottom is in. Loading $PLNHF for the $5-10 swing this year
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