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Particularly interested to hear from Harpo & Hunterdog on this question...
Does anyone listen to Kiyosaki, Gammon, Schiff, Dent and predict a stock market crash this year or next year? If so, how would you expect Next Green Wave to weather that storm? They’ve proven to us that they can handle a pandemic and wild fires as an essential business which is not located inside a timber box.
Personally, I love their business model and execution on that. Monthly profits which fund current expansion makes me bullish even in a crash/bear market. Similar to tobacco over the decades.
Always love the discussion, thanks everyone.
Thank you for this link.
New to this one. Added a couple times this week on dips.
What is MMs? Thanx
I appreciate your contribution here packerfan. Keep them coming. I have a position here, but appreciate hearing different sides. I agree, so many shares outstanding is a red flag. Also, crazy volatility can make a lot of money. Sell strategy is the most important part of this type of speculation. Reading your posts are helping me develop such a strategy on this one. These boards aren’t just cheerleader platforms. Keep an open mind people!
Lets just make sure to take some profits. No sense in letting all the big timers have all the fun. I'm taking em this year, then out of the sector lol
you mean 20/1! I got into this just before that reverse. I doubt we'll get that bone thrown our way. There's too much new $ here for a move like that imo. Could be sweet though.
such a broad brush piece of advice though. thank you captain obvious!
chuck, when I hear suits talking like that, I actually get excited to have some positions doing the opposite of them. Like Kiyosaki says, gets me sexually stimulated
picked up 7 figures at 6. let's see if we can get lucky at these levels.
yolo
"...
Look at other Scam MJ stocks ? ..."
Implying this is a scam stock?
WDHR has had been interesting this year. Fundamentals however, not what you're going to consider "value." 100% speculative.
I look at the fake run of GameStop and the short squeeze happening as a sign of what a bubble the stock market is in, in general. This one situation may not affect next green wave, but should be a warning sign to anyone placing risky bets on these crazy markets. Going to be a lot of carnage at some point. The shorts of GameStop will see it first, then the longs who bought way too high, then we’ll start seeing that crap frequently.
I would hope the company would prioritize executing their business plan for the next couple of years, first and foremost. Get this 50k structure producing, build a big stack of cash throughout 2022, then focus on that big dog 250k structure. If/When Safe Banking passes in US, a new world of financing possibilities opens up for this industry. One game-changing event after another are lining up. Mr. Jennings, keep doing what you're doing!
I don't know the details there. Is the cost of the 35k building public? I'd imagine a construction company would need that liquid sooner than later.
I'm guessing he's been a rock star with their current buildings and they're expecting that to continue with the 50k structure. Maybe throw some additional options his way this time next year to get that 250k structure going? Mr. Hybels, let's roll!!!
Main reason for manipulating the molecule with a synthetic ingredient is to be able to patent that molecule. Other companies do it to treat a variety of things but so far there’s not much data to support effectiveness. Interesting technology though.
OTCQX Cannabis Index here we come...
Chuck is right on about the stock market. With the fed and the government pumping so much liquidity into the economy, so much of which ends up into the stock market. There can be some volatility due to the president’s inauguration.
I agree chuck. However I believe things are in motion that will dwarf the Georgia situation. Any prudent investor should be following all available news sources to learn what’s actually going on, and pivot on their investment or at least be prepared to make some quick moves when the cards start falling. NXGWF is in a nice position to be cash flowing at this point in history and I believe the. Will absolutely flourish if the cards fall in the way I believe they will. Good luck to all, get those tax-planning moves IN!
I agree. This Christmas season will be one to remember. January 6th will be a big day and of course that all important Jan 20 might really rock the world. Going to be an exciting rest of 2020 and 2021 politically but most important, economically. Here in the good ol USA I plan to hold nxgwf through the coming turbulence and believe they will weather the storm.
Can’t imagine the excitement when we’re having this conversation about Facility D. Going to be a completely different world at that time.
Couldn’t agree with your last two posts any more. Well said.
Stock is up 4.5% since resuming trading, $0.28 currently.
Maybe Mr. Jennings planned the halting as strategy to attract a bit of attention compared to schmoozing VCs. Looks like it’s working so far. Either way the balance sheet, demand for product, growth being executed all will be the cause for the value of the company/shares to continue in the right direction. I’m not expecting share price to double on this news today, I’m long nxgwf, stoked on the news, extatic that there won’t be dilution. Score for Mr. Jennings from this so cal green thumb average joe is still A. Keep up the great work, still advocating your product in our SD dispensaries.
Certificate of occupancy Q4 2021. I’m hoping it takes less than 12 months.
Beautiful numbers. What a time to be alive.
A note to consider about the previous wildfire comments... indoor protection from that is absolutely critical, I couldn’t agree more. They will be Johnny on the spot with product during every single predictable fire season. Furthermore they’ve also pumped out product throughout the pandemic. They know how to adapt and overcome. Any additional CA shut downs should not be an issue. The long money will be in essential businesses. Adding 50k square feet to the business is huge. What a Merry Christmas to share holders.
I agree. People buy this stuff expecting a bigger fool to pay them a higher price for it based on nothing. The bag holders will forever curse the cannibis industry. We’re in the right place with ngw - it is a legit business with massive upside, lots of room to grow. Tilphria is 1,000% dependent on national legalization.
Wow Tilray merging with Aphria. Money must be running low and pressure is on these fools to stop the bleeding. Grabbing the popcorn now...
They’re playing the long game or the build/add value to get acquired game.
Thanks, this helps.
Any guess of the total cost to design & build facility d?
If you told me $5M-$15M, the company should have that in their reserves by the time they need to begin.
If you told me $40M-$60M, I can see where the company needs dilution to finance.
Please steer me in the right direction if I’m way off.
I’m pretty ignorant when it comes to commercial real estate development. But if we’re profitable $1M/month, why would the company not want to finance facility d with cash/bank loan? And if a bank won’t loan due to the industry, why not finance with the monthly cashflow? Anyone have an idea of the price tag for facility d? If we’re looking at 1.5 years to construct, the company would profit about $15M-$18M in that time. I would guess that cashflow has to be close to the construction cost. I appreciate the construction and finance wisdom out there to scoop me.
Then you must not have read it. It was an opinion about federally legalizing by marijuana, banking, and financing. But those apparently aren’t about the sector?
If you guys read something that you don’t agree with, just move on. I do it a LOT here.
Wow deleting posts for predicting the next president and how that could affect the stock. Some of you are as soft as baby sh!t
There will be more dips.
Take this week as an opportunity to sell out of the big inflated exchanges.
Things are so over valued right now it’s unbelievable.
When news becomes public that president Donald Trump will remain president, there will be panic sell offs and that will be another buy opportunity.
While I agree with you that marijuana is moving toward decriminalization on a federal level, I slightly disagree with your statement. I think the most positive outcome is the government remaining divided. Even though it can still change in the coming months with senate elections in Georgia, we should all pray that the congress stays split. Nxgwf will thrive in California with a balance of congressional power. CA pot market’s legal status is all that matters for this growing company. Give them a couple years of growth and then possibly distribution into a new state here n there, then I think they can look nationwide. If pot goes legal nationally next year, I can imagine nxgwf’s growth will stunt.
Could be a wild ride this week. And the next few months. Buckle up and enjoy, everyone!
While I don’t have enough shares to make waves, the day ngw advertises a business model of total vertical integration into their own dispensary, I’m selling all shares and wishing them lots of luck.
You guys think that the most recent board member appointed was proactively replacing this last one? Lots of positive trading activity following that appointment. Thinking that maybe if they have another new appointment in the coming weeks or months we could see similar interest.
Haven’t sold any nxgwf. I liquidated my Roth IRA. As I learn more about how to build wealth, strong and young companies like next green wave and hard assets are where I want my money.
I couldn’t agree more. Stock market overall is fake. Fake government money is propping up so many bubbles right now. I liquidated as well and looking for hard assets. Best scenario is a divided government, keep those morons moving slow so they don’t f up this country too fast.