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Chuck the board and management of NGW have no idea what they're doing; it should be obvious to anybody with half a brain. Just sit back and let it all play out. They grow all the trendy strains of cannabis as do all the other players in the whole country now. No innovation, partnerships, alliances, growth strategy, co-branding. They'll get swept under the rug soon enough and be unable to compete with the large corporate growers that are moving into Cali now as it happens in most every sector with consolidation. If these speculative investors are lucky they'll get bought out by one of them, but I think Mike is too arrogant to see the writing on the wall and do the right thing in the best interest of the investors. The hypesters on this board haven't been around the block in this industry and really have no idea what's going on other then to attack people that tell truth. Well, they will get what they deserve. Not my problem.
Welcome to the dark side.
just filling in the blanks here dude.
Red White and Bloom Brands to acquire NGW. They need them to fulfill supply for High Times brand in CA. Probably all stock acquisition. No brainer.
so go ahead and defend NGW. According to you, you purchase the stock practically every single day for the past two to three years straight so who's telling the truth here?
self-admitted guy that pours concrete foundations yeah he knows all about the cannabis industry. Hilarious.
So the peanut gallery is keeping this on life support? They have no growth strategy, no partners, nobody wants to deal with them anymore, had their chance. It's simply a small time boutique grower. The big guns are moving into Cali and will squash ngw period trust me. Have fun with your penny stock LOL BECAUSE UNFORTUNATELY THAT'S ALL IT EVER WILL BE. THAT AND A SHORTS DREAM.
GLTA. BAHAHA... Yes I was a long until I found out a lot more about this company coupled with what I know about the Cali market and where it's headed. Glta?? You'll need it. Additionally, they are headquartered in the most corrupt region in North America nobody wants to deal with that they've already had board members loot the company and run. writing is on the wall you don't want the truth but that is it.
Roflmao! Literally.
No kidding. Smh LMFAO...
Told you guys to lock in your gains last time I posted but some want to talk crap and name call. Well you (longs) get what you deserve. Last time NGW removed from index it made a downward spiral to 5 cents. Go ahead be cocky and arrogant let's see where this gets you. GLTA. LOL!
So the Chairman of the board has been dumping his options and resigns 9 months into his position? Yep investors will love that news for sure. You guys make me laugh. GLTA !
Talk is cheap. Lock in your gains or kick yourself later. Just my O pinion.
LOL Chucky baby. Lol!!
Not to mention he's balls deep in this stock.
Gotten pretty cocky there hunter dog haven't we? You want to go and shake The hornet's nest don't you? Not sure where you get your misinformation from but I sold on May 21st averaged about $0.10 per share. So unlike you I actually made some money, not much, on this trade. my reference to one trick pony is the fact that they only have one manufacturing facility. If that goes up in flames they are done. You may want to contact the company to see if they are even insured as most are not. But why would you want to actually know the truth be it good or bad?
A lot of growers are not insured which could be devastating if they do get destroyed by fire. Look at a map of wildfires they are literally all the way down the state of California and into Oregon and Washington. Several of the growers I know have caught people intentionally starting fires and held them at gunpoint til the police come and arrest them. I've seen photographic proof and the media is trying to cover it up and say it's not happening which is total BS. Its a very grim situation. Other issues they're dealing with, the heat destroys terpenes and cannabinoids, smoke odors damage the taste of the flowers, and ash and particulate that rains down may cause the crop to fail its potency and purity test. Now NGW is strictly indoor at this point but hopefully no fires come through that area or the one-trick pony will be dead.
There's a LOT of uncertainty all up and down the west coast with the fire situation and if some growers will even be operational after all this passes. There will definitely be a supply side crunch. Good luck.
You want to accuse me of lying? That's the pot calling the kettle black. I was referring to you contacting packwood's to get the other side of the story, which was the answer to your question. Unbelievable.
Fact: I inquired Packwoods regarding status of the collaboration with NGW and was informed there will be no joint venture because NGW dropped the ball. Way to go gang. Burn bridges with one of the hottest and most lucrative brands in California and most other legal markets in the U.S.A. Just brilliant. Bad decisions
and incompetence are the norm it seems at NGW these days. Go ahead propaganda machine and slaughter me and remove my posts for telling you all the truth.
If anyone actually reads the whole pr it's kind of disappointing actually. Only 1.2 million net for 3 of the busiest months ever? Only about $23,000 traded? It's going to take bigger news then that to move this thing long term. Im still standing by for .05 again.
"In the months of April, May and June 2020, the Company surpassed US$1Million of revenues in each month and as a result, exceeded US$3Million in revenues for Q2 2020.* The total costs incurred to generate this revenue was approximately US$1.8Million."
Baller you really need to get your head out of the sand. The fact that politics are being discussed means nothing is going on with ngw as I suspected. Obama admittedly smoked cannabis regularly and had the opportunity for 8 years to decriminalize cannabis on a Federal level but he did not. Further, Obama's administration unleashed a multiagency crackdown on medical cannabis that goes far beyond anything his predecessor George W. Bush did. The feds were busting growers who operated in full compliance with state laws, vowing to seize the property of anyone who dared to even rent to legal pot dispensaries, and threatening to imprison state employees responsible for regulating medical marijuana. With more than 100 raids on pot dispensaries during his first three years in office.
Trump has firmly offered his support for states having the right to legalize and regulate their own weed industries. Also, those of you that think technical analysis has any relevance on ngw think again. Technical analysis is applicable to securities where the price is only influenced by the forces of supply and demand. Technical analysis does not work well when other forces can influence the price of the security. those other forces are manipulation by the market makers. That is purely what is happening with NGW. Good luck to all don't hold your breath. IM 100% on the sidelines here but not very optimistic anymore. Mike and company grow good weed but there are 1000' of others growing just as good if not better. Also baller, if you should desire any particular level of credibility perhaps you should learn how to spell cannabis correctly and verify that CBD and all hemp products are 100% legal to cultivate and sell in the USA now since Trump has been in office.
I never agree with Chuck but you have got to be kidding racial undertones by mentioning Antifa?? This board has become a total joke. God forbid someone expresses their First amendment rights to free speech.
Golden cross hilarious....are you kidding me? You'd better pray on that golden cross you dont lose everything on this golden turd.
I have no position in NXGWF or NGW. The trading range is sub .5 to .12. With no news it will go sub 5. I see your need to defend your decisions but I wouldn't get emotional about this, it's not what you think and the price is being manipulated so big blocks can be sold, just look at L2. They are in a negative trend. Your only hope at this point is a buyout. Sucks to lose your ass on a stock but better luck next time. CRLBF is a much better company.
I'll consider adding at sub 5 level. This is now and will always be just a regional player. Mike is setting this up as an M&A and on to the next one. You've all been fleeced if you think otherwise. A bunch of small potatoes stoners. Just my .02 CAD. Sincerely hope nobody took a second mortgage on your house for this. It's in a clearly defined trading range. Don't be a sucker.
Not a chance. You guys got snookered by MM manipulation. Low volume, news driven. Hope you all got while the getting was good. You had your chance.
I made the mistake of taking this company to heart when it's really just a tradeable commodity like any other. I was never one to hold a company overnight let alone months without a sell limit in place but there is no volume and/or tradeable interest still. Maybe one day, maybe not.
I feel lucky to have had an opportunity to make a small profit and bail out. Never again will I do that. Always learning.
Typical mm trickery trying to draw people in. Only $18k traded on the day. Only .0755 on the bid. Unreal. Don't use market only limit price or they'll rip you a new one on a thinly traded stock like this. Sorry whomever took that bullet.
I wouldn't want to be left holding the bag after any earnings announcement. Positive reports don't mean much in this sector especially.
Closed out my position at the close today. Good luck gang. All I can say is watch out for the mm they will try to screw you hard, too much BS in the OTC realm. It's been real, it's been fun, but it hasn't been real fun.
Smart money said buy 2 weeks ago at .05. Chuck is NOT smart money. I predict the all time lows are long gone now. Too many longs and we will be hitting the sweet spot soon. Good luck trying to catch a falling knife.
Level 2 showing more buyers then sellers. MM playing their games to shake out sellers. Looking for a rise before e.o.d.
Don't sell gang some big news coming soon imo.
HD. Packwoods specializes in pre-rolled "artisenal" blunts that are very potent.
Two grams of lab-tested, hand broken, premium flower infused with high potency concentrate, dusted in kief, hand rolled in a 100% tobacco free wrap.
I'm guessing this will be a collaboration with SDC utilizing co-branded packaging.
Their only other collaboration is with Cookies, which is a dominant player in Northern California and has expanded to other states already. Packwoods is available in over 50 dispensaries in Southern California and prices currently start around $35 and $50-$60 for their roll your own gear.
https://imgur.com/a/zHqdxKd
Packwoods reposts on instagram NGW's growroom post with statement y'all ready to bring the heat.
Phase 2. This is big. Now you know.
Sorry but product isn't geared towards old hippies. Get over it.
With all due respect I know many of you do not even partake in cannabis and honestly when you walk into a dispensary your first sense of what to buy is generated typically by the bud tender. Ngw has been working very hard to educate and win over the bud tenders and owners of dispensaries with in store meetings and product intros, which have been very well received. Apparel has been selling out and generating incremental revenues as well. I'm 52 years old but I know the sweet spot and target is much younger then me. in fact, 18 to 29 year olds are the largest group of cannabis users in the United States. Don't split hairs over branding and marketing folks.
They are appealing to 18-29 year olds. The skulls, tattoos, and rap music may not appeal to some investors but that's not the target market for recreational cannabis, it is their kids.
one last thing THC percentage is a driver of sales particularly recommendations from budtenders because they are the tech weenies of the Cannabis business. Terpenes and high THC levels are very important decision makers and SDC ranks amongst the top.
HD you must enjoy arguing with these knuckleheads. They're just trying to bring you down to their level of stupidity. You're far superior to that.
Looking at the volume that was traded today only about 16,000 plus or minus dollars were actually liquidated. Equate that to one person unloading their shares. Or 10 knuckleheads unloading their rent money. The report that came out today is ancient history. We both know how well things are going now and going into the future projected day and night difference.
HD thanks for the post. I agree with you 100%. I've placed Chuckie and Bigmack on ignore so as not to see them race to the bottom any longer. It's pathetic to be so negative and obsessed over Mike and co. Growing cannabis is complex but it's not like running a company like Apple or GM or many others. NXGWF is one of the top producers in every category and I stand by that with my hard earned money invested in the company. Sure there are ups and downs but these guys are vested and live for what they do. I suggested to Mike awhile back to keep posting what's going on with the company because its become vital to the loyal followers. Stay positive folks we will win and to the negative posters say what you wish about me because I can't see your damn posts anyways!
HD you are spot-on. I see a certain poster that started an account less than two weeks ago claims to be a major holder yet wants to make libelous statements about management. I get it you lost your job and you're mad. I wouldn't be surprised if you receive a cease-and-desist as anonymity doesn't exist anymore if proven by plaintiff and is the first step in a lawsuit. These cases have become very common. Be careful what you post.
def·a·ma·tion
the action of damaging the good reputation of someone; slander or libel.
This board has become amateur hour and it is incredible how stupid some people sound. I have respect for those that actually provide insights and have a knowledge of the California Cannabis market and the power of cannabis to change so many peoples lives for the better. I am long and strong NXGWF and optimistic in management, in the products, and in the future. Obviously there are some that hold a grudge against the company and the management and have nothing better to do than to spew ignorance as if anybody really cares about their opinion. I'm grateful I don't have the negative attitude displayed by some here and I'm
fortunate to not be on that side of life.