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Citizen Stash Sunset Sherbet Now Available At BCCS.
Already a Top 10 Flower under new products on the BC Cannabis Store website.
Easy to see why, 85% Indica, 21%-26% THC. craft grown, hand-harvested, small batch fire. If it's like the MAC1 it won't last long so get it while you can :)
Expecting Citizen Stash to be up for some cannabis awards this year for MAC 1, and possibly Sunset Sherbet. Will post reviews when they start coming in.
Experion might be a small LP right now, but their reputation for quality is well known in the cannabis community.
With the recent production expansion more product will soon be available in the provinces. Word is getting out.
Thanks HD. Very informative interview with Ryan Lange.
Ryan's comments on cannabis sales.
"The cannabis side of the business is actually busier than normal, in a wild way."
"We're seeing a big uptick in flower demand."
Ryan's comments on CBD sales.
"We're still shipping everyday, getting tons of orders everyday."
Everything seems to be going well, even during a pandemic. NGW team firing on all cylinders. Like:)
https://www.nextgreenwave.com/next-green-wave-opens-online-cbd-marketplace-with-wide-range-of-products/
https://www.proactiveinvestors.com/companies/news/917319/next-green-wave-launches-direct-to-consumer-cbd-e-commerce-marketplace-in-us-917319.html
https://www.proactiveinvestors.com/companies/news/917323/next-green-wave-goes-online-to-reach-their-cbd-customers-917323.html
Some Good Update News YMR :)
Looks like Decibel will be opening two new retail stores next month in Alberta. This will bring their total to six with more in the pipeline.
The Thunderchild cultivation facility should be substantially complete if they submitted the site evidence package to Health Canada.
The approval to sell in Manitoba will allow them to supply product to Delta 9 retail stores, and other retailers in the province.
Decibel making good progress during a rough period for the industry, and the economy as a whole. Like :)
https://finance.yahoo.com/news/decibel-announces-licensing-developments-provides-100000040.html
I'm guessing it will be sometime this month. Haven't heard anything about it being delayed. Hopeful that their retail stores will show some nice increases when they do report. Should be about time to hear something on the extraction facility license as well. Still seeing QWEST products selling in multiple provinces at top shelf prices. Expecting some nice margins especially selling directly from their own stores. Just like Delta 9 :) gl
Pretty cool that Have a Heart ran a local ad announcing Next Green Wave as a local supplier to their store in Coalinga. Many customers like to buy local to support the local economy. Glad they are getting the word out. Check it out on Mike's Instagram.
RIP John Prine
NGW products added/sold-out from Have a Heart's website.
Added-
King Louie Clementine Vape Cart 1g THC 83.87% $22.86
King Louie Sunset Sherbet Vape Cart 1g THC 82.57% $22.86
Sold-Out-
SDC GMO Cookies 1/8 oz THC 32.1% $41.15
SDC Slurricane 1/8 oz THC 33.92% $41.15
SDC Dementia Diamonds Concentrate 1g THC 89.32% $38.85
Products Currently Available at Have a Heart-
SDC Wedding Cake 1/8 oz THC 26.2% $41.15
SDC Garlic Grove 1/8 oz THC 22.84% $41.15
SDC Super Lemon Haze 1/8 oz THC 17.62% $41.15
SDC Fire OG Pre-roll 1g THC 22.17% $16.00
King Louie Clementine Vape Cart 1g THC 83.87% $22.86
King Louie Sunset Sherbet Vape Cart 1g THC 82.57% $22.86
King Louie Northern Lights Vape Cart 1g THC 81.31% $22.86
Not surprising the highest THC products are selling out first. It's the only metric consumers have to make purchase decisions. Fortunately all but one of NGW's products are over 20% THC. Pretty soon 20%-25% will be considered mids, and anything under will get extracted into higher THC concentrates for lack of salability as flower.
Too bad because some of those old school strains are genetically unable to reach the 20s and will become obsolete, or niche products at best. Mike understands this, and even posted as much on Instagram. Will update again next week. Happy Easter :)
Radiohead to the rescue!!!
Here's a good explanation of diamonds and budder concentrates.
https://www.leafbuyer.com/blog/cannabis-budder-cannabis-diamonds/
Lots more by searching cannabis concentrates online.
This is a guesstimate based on the jar size, which looks like 16 oz (453 grams) to me. The SDC Dementia Diamonds were selling for $38.85 per gram at HaH (Currently sold-out). So 453 grams x $38.85 = $17,599 retail. Could be much more depending on the weight of the concentrate compared to water. Either way don't drop the jar :)
Ryan Tweets High Cannnabinoid Full Spectrum Extracted Diamonds
Baller jar of HCSFE live resin diamonds. How many grams do you think you can see? @NextGreenWave $ngw $nxgwf https://twitter.com/ryanlange/status/1247976293485776896
New grow room video from Ryan Lange.
Inside look at 1 of 14 flower rooms. #cannabis #nextgreenwave $NGW $NXGWF @NextGreenWave https://twitter.com/ryanlange/status/1246852957791870977
Nice reward for all the hard work :)
Mike posted the same Wedding Cake video a few days ago. SDC Wedding Cake Flower is now available at Have a Heart in Coalinga. I've updated NGW's product availability at Have a Heart, and Columbia Care on ihubs NGW ticker page.
Have a Heart
https://haveaheartcc.com/dispensaries/ca/coalinga/menu/
Wedding Cake Marijuana Strain Review
https://www.marijuanabreak.com/cannabis/strains/wedding-cake-strain-review
NGW products added/sold-out from Have a Heart's website.
Added-
SDC Dementia Diamonds Concentrate 1g THC 89.32% $38.85
King Louie Northern Lights Vape Cart 1g THC 81.31% $22.86
Sold-Out-
King Louie Clementine Vape Cart 1g THC 83.87% $22.86
King Louie Sunset Sherbet Vape Cart 1g THC 82.57% $22.86
Products Currently Available at Have a Heart-
SDC GMO Cookies 1/8 oz THC 32.1% $41.15
SDC Wedding Cake 1/8 oz THC 26.2% $41.15
SDC Garlic Grove 1/8 oz THC 22.84% $41.15
SDC Slurricane 1/8 oz THC 33.92% $41.15
SDC Super Lemon Haze 1/8 oz THC 17.62% $41.15
SDC Fire OG Pre-roll 1g THC 22.17% $16.00
SDC Dementia Diamonds Concentrate 1g THC 89.32% $38.85
King Louie Northern Lights Vape Cart 1g THC 81.31% $22.86
Glad to see the first concentrates arriving at HAH. Currently SDC Dementia Diamonds Concentrate is the highest THC product available at HAH @ 89.32%. SDC Slurricane the highest THC Flower 33.92%, and SDC GMO Cookies is second highest 32.1%, SDC Wedding Cake in the Top 5 at 26.2%. Will update as products come and go. NGW making waves in Cali!!! Like:)
NGW products now at Columbia Care San Diego
King Louie Dementia 1 oz THC 20.02% $250
King Louie Dementia 3.5g THC 20.02% $50
King Louie Sherbet 1 oz THC 18.83% $250
King Louie Sherbet 3.5g THC 18.83% $50
SDC Dementia 3.5g $55
SDC Pineapple Upsidedown Cake 3.5g $55
SDC Pineapple Upsidedown Cake 7.0g $80
SDC Platinum Cookies 3.5g $55
SDC Slurricane 3.5g $55
Sketchy Tank Northern Lights Vape Cart 1g $45
Sketchy Tank Clementine Vape Cart 1g $45
Sketchy Tank Sunset Sherbet Vape Cart 1g $45
Junkyard Sunset Sherbet Vape Cart 1g $45
Junkyard Northern Lights Vape Cart 1g $45
Junkyard Clementine Vape Cart 1g $45
Looks like they are testing the same product under their different brand names to see what clicks with customers. Maybe the skeleton on the Junkyard packaging is too much reality during the crisis. To me it would be smart to stick with SDC except for special releases. Save on royalty payments. Always liked Next Green Wave for a brand name with a curling green wave for a package design. That's the former surfer in me :)
NGW products added at Have a Heart Coalinga
SDC GMO Cookies 1/8 oz THC 32.1% $41.15
SDC Wedding Cake 1/8 oz THC 26.2% $41.15
King Louie Clementine Vape Cart 1g THC 83.87% $22.86
King Louie Sunset Sherbet Vape Cart 1g THC 82.57% $22.86
Powerful Premium Products Priced Perfectly!!! Pleased :)
NGW products currently at Have a Heart Coalinga
SDC Garlic Grove 1/8 oz THC 22.84% $41.15
SDC Slurricane 1/8 oz THC 33.92% $41.15
SDC Super Lemon Haze 1/8 oz THC 17.62% $41.15
SDC Fire OG Pre-roll 1g THC 22.17% $16.00
Nice Selection. Like :)
Last years Annual Report released on 04-26-19, Q1 report 05-31-19, Q2 report 08-29-19, and Q3 report on 12-02-19.
Mike showing off some frosty Wedding Cake and GMO Cherries on Instagram. People in California don't know how good they got it. What NGW and other Cali growers are producing completely blows away what Canadian growers are passing off as cannabis, with a few key exceptions. NGW isn't widely known yet, but they will be if they keeping putting out the fire :)
**NEWS** Experion Increases Cultivation and Processing Capacity
https://finance.yahoo.com/news/experion-increases-cultivation-processing-capacity-124500420.html
This should be a game changer for EXP. Now they can process for their facility, and their supply partners. Glad to hear that concentrates are on the way as well. Getting Health Canada approval is a big step forward. Now they can fully execute their capital light plan for expansion without delay. Like :)
What to expect if you try Slurricane.
https://www.allbud.com/marijuana-strains/indica-dominant-hybrid/slurricane
Allbud says the THC average for Slurricane is between 20%-28%, but the NGW crew pushed it up to 33.92%. Mike & Co dialing it in. A partnership with In House Genetics to produce Slurricane plantlets commercially sounds like a winner to me :)
Actually the sp is up substantially from its 52 week low of .0348 hit last week. If you were buying shares in the 3's and mid 4's those shares are now in the money. Your average may be .20 but that doesn't mean all your shares are underwater.
Yes something would be terribly wrong if NGW was the only cannabis company down at this level, but that's not the case. All of my cannabis micro caps without exception have come down to this level, but I still believe that my micro crafts will rebound and thrive in the upcoming quarters so I continue to add. That's a personal choice we all must make for ourselves.
The best way I've found to ease your nerves is to be constantly DDing your companies. With cannabis companies it's really quite easy to see how a product is selling using the dispensary websites.
Checked the Have a Heart website this morning, and found Slurricane back in stock, and still with the highest THC% available. Now I know Slurricane sold out, but was immediately restocked. Tells me NGW's supply chain is working well, and Slurricane is a fast seller.
I also see that the SDC GMO Cherries is gone in three days, and will wait to see how quickly it's restocked. Also the Fire OG pre-rolls are tops for THC so we'll see how long they last. There are many ways to be proactive rather than waiting and wondering what's happening.
Like with the highly anticipated Q4 report. We know they recently broke $1M in revenue, and $650K was announced in the current quarter. That leaves $350K minus approx $130K revs reported from Q2 & Q3 leaving approx $220K to be reported for Q4. Could be higher if some of the $650K came in during Q4. Better guidance than you get from most, and appreciated on my part.
What is unknown are things like expenses, cash flow, costs to produce, selling price per gram, total kg's sold, gross margins, biological inventories, cash on hand, and other important metrics. Also material events since Q4 will need to be reported for more guidance into Q1.
What also has me intrigued is the announcement that the Hart Luck CBD inhaler sold $20K units on its first day of availability. With CBD sales at record levels during the crisis have sales gone up since. If they average $20K per day in sales that's $1.8M per quarter in gross sales for CBD alone.
Would like to see them push to get their CBD products in all the Columbia Care dispensaries across the country. Same with Heart and Health with their big expansion plans in California and other states.
My take is cannabis stocks hit a rough patch that caused investors to flee to the tech sector for better gains while cannabis valuations came down to earth. Believe they well overshot the mark, and now cannabis is coming back into fashion as the essential products consumers demand.
NGW appears to be rapidly filling that demand. Can't ask for much more than that from any cannabis company. imho gl
Agree the tissue culture lab and nursery will be a major advantage over other LP's. They will be able to make genetically identical clones of their best selling strains, without the THC decline, and other disadvantages that come from using mother plant cuttings. They will be able to grow with the confidence of knowing the next harvest will be 30+% THC, and the one after that, so on and so forth. It's a game changer for NGW, and the biggest reason I'm in. Garden testing begins in April :)
Mike has spoiled us with 30+% THC levels recently, but I'm glad to see they offer a range of levels for everyone's particular needs. Like the new 24.73% GMO Cherries, and the 22.84% Garlic Grove, available at Have a Heart. Still some of the highest levels available at Have a Heart. Everyone can't take the day off after smoking Slurricane :) Check out the NGW rolling papers on Mike's Instagram.
Dare I say we hit the bottom??? There is no reason I can think of for DB to be selling at this price. They have already announced a record month for retail sales in January ($930,000), and Prairie Records is now EBITDA positive. They had previously announced the QWEST Cannabis facility was EBITDA positive. They have 4 retail stores open during a time of record sales for the cannabis industry. Their QWEST Cannabis Flower is selling for high margins due to its ultra-premium quality. Believe this will fly when the Q4/Q1 numbers come in. GLTA
Mike on fire producing fire. New lab results on Instagram for GMO Cookies hit 32.85% THC, 37.06% THCA, & 39.78% Total Cannabinoids. Wow just Wow. The 33.92% SDC Slurricane is gone in one day from the Have a Heart dispensary website. Big thumbs up to the NGW team :)
They also have a Board of Directors that oversees the company. Glen Harder is a corporate lawyer, and NGW Board Member.
LOLawsuit NGW has a corporate lawyer on the board to handle such matters, should they arise.
Spot on HD. Cally real estate is much more expensive than Nevada. Plus the Nevada facility they bought had no mention of extraction, or tissue culture laboratories included. Maybe now that NGW is selling to them they might take a look under the hood for a M&A or strategic investment. They seem to be on a buying spree at the moment.
FYI Harvest Health just acquired Have a Heart for $85M in cash and stock. They also recently acquired a 32,000 sq ft grow facility in Nevada for $35M from MJardin Group. Gives us a general idea of what NGW's 39,000 sq ft facility might be worth in acquisition. NGW's market cap, as we know, is a joke.
https://www.fool.com/investing/2020/03/16/harvest-health-recreation-closes-its-acquisition-o.aspx
https://finance.yahoo.com/news/harvest-health-recreation-inc-agrees-125500382.html
HD they also have a store in Oakland and seven more locations listed as coming soon on their website. If they can get in the Oakland store next that would be huge market to tap. NGW has their foot in the door to multiple markets with Have a Heart. Like :)
NGW products now available at Have A Heart dispensary in Coalinga. Products are already listed for sale on their website. So if you want to try SDC 33.92% THC Slurricane Flower now's your chance. Don't delay it's the highest THC flower they offer so it's probably gonna fly. Pre-rolls and vapes also available. Check it out on Mike's Instagram.
https://haveaheartcc.com/
At this point cannabis companies just surviving is a win. The ones that can hold on until profits will be the big winners. NGW seems to be heading in that direction, but there are no guarantees. The news of the $650,000 month was a big relief to me, and a good sign for the future. imho glta
**NEWS** Experion Expands National Distribution
https://www.benzinga.com/pressreleases/20/03/ac15633920/experion-expands-national-distribution
Glad to see EXP signing new supply agreements. Looking forward to supply partner agreements to fulfill the strong demand for Citizen Stash products. Like this one :)
https://www.reddit.com/r/RecPics/comments/fjcku8/citizen_stash_mac_1_256_thc/
Next Green Wave's California facility operating at full capacity amid coronavirus outbreak
https://www.proactiveinvestors.com/companies/news/915542/next-green-wave-s-california-facility-operating-at-full-capacity-amid-coronavirus-outbreak-915542.html
Mike posted packaged SDC Fire Og pre-rolls on Instagram. Plus 10 more "flavors" on the way. Seems like something new coming every day now. Should be seeing the concentrates on the shelves soon. Like :)
Former NFL player Kyle Turley says cannabis saved him, and can save everybody else
https://www.usatoday.com/story/sports/nfl/2020/03/22/nfl-former-player-kyle-turley-says-cannabis-saved-him-can-save-you/2891537001/
The 8 Best Immune Boosting Foods and Supplements to Fight Coronavirus
https://thebeet.com/the-8-best-immune-boosting-foods-and-supplements-to-fight-coronavirus/
Something new. King Louie Sherbet now available in one ounce packs @ Columbia Care @ $250 per ounce. One, that's a real good deal for premium indoor grown cannabis, Two, this could indicate the large quantities customers want at the moment.
Also Mike has posted a new strain (Slurricane) with a crazy high 33.9% THCA content on Instagram, along with the lab results. Says it's a all time high for the company. No pun intended :)
Possible lawsuit, meh. Selling cannabis, yeah!!!
California gov classifies cannabis industry as ‘essential’ during lockdown
https://mjbizdaily.com/california-gov-classifies-cannabis-industry-as-essential-during-lockdown/
Sounds like all California cannabis dispensaries are now allowed to stay open as essential, both medical and recreational. Along with growers, distributors, and labs. Good news to keep your workforce employed during a period of record sales.
Cannabis sales explode as Californians become homebound https://www.politico.com/states/california/story/2020/03/20/cannabis-sales-explode-as-californians-become-homebound-1268235
Yes Columbia Care is a medical cannabis dispensary.
NGW has 12 products listed with them, 6 Whole Flower, 6 Vape Carts.