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Hi Guys,
Thanks HD for your thoughtful comments. I am also feeling the same about this merger.
Although short term gains have been put off for now. It seems that the long term play for this combined company will look better and better as the future Cannabis sector recovers.
Holding all shares. And not buying more as funds become available.
GLTA
Hi Guys,
Major news today. For me NGW, Mike Jennings just sold the company for a
very, very, low price. Sure the Cannabis sector is in a very significant down market, but wow, Mike you could only get $70 million U.S dollars for NGW total business. Just way too low a selling price in my opinion. Last quarters sales were about $4.3 million U.S dollars. And NGW stated that they had increase yield by about 15%, and were launching new higher valued sauce products. So it seems to me that quarterly sales could have moved into the $4.50 million range. Or annual sales of 18 million U.S dollars.
There by $70/$18 = 3.8 times. And yes the next grow facility is 12 month away at least but it must be worth something in the valuation.
Is Plant 13 such a great operator that those of us who own NGW share will see the future growth we all thought was possible for NGW, now just under another brand. For me I just do not know.
The sector is being sold off by Wall Street. And it seems that we will just have to wait and see.
Not buying more as funds become available. Sorry for all of us.
Happy New Year and Christmas to all of those who have been within this for many, many months. I appreciate all of you, and your thoughts.
Hi Guys,
It has be a while since I have posted to the NGW ihub. Yes, it is true that all of us are a bit concerned about the sell off in NGW stock price. But those of us who have been investing for many, many, years follow the business reasons to be invested in any company.
A few are listed below
1. Growing market sector for the product with growing natural demand.
2. High margins within this sector (NGW is profitable).
3. High cost of entry into the sector, including capital, legal, and technical costs.
4. Unique position in the market, either quality or cost advantage.
NGW has all of the above listed business assets.
Yes, the Cannabis sector is in a very strong down market for the past few months. And many of the very large producers continue to loose many millions of dollars each financial reporting period. This perception will change in 2022. There will be some consolidation and very likely help from the Federal Government with banking and or other legalization.
However NGW continues to grow in sales. They have switched their product mix mid steam to meet market demand. Dropping some lower margin products and adding higher margin products (i.e. NGW Sauce 2.0). They have a plan to open their own retail branded Cannabis stores. All of those business goals will continue to add to NGW growth and profit for the long term.
Also late 2022 will see the start up of NGW new indoor grow facility.
This addition capacity will grow sales by at least 100 percent for 2023.
NGW share price is currently very deeply discounted in comparison to other and much larger public companies in their sector. These companies are all loosing money. And even with their very large losses the market is still valuing these companies at twice the market cap of NGW. Currently NGW price to sales in about 3X.
This very low valuation for NGW will very soon change. Yes, the year end selling is painful but that is the way that Wall Street works.
I am holding all my shares and have not sold any of them. In fact I continue to add to my position as funds become available. This is stated given that I currently have a somewhat large position in NGW shares.
Buying more as funds become available.
GLTA
Hi Guys,
HD, totally agree with you!!
NGW is way, way under the wall street radar. However as the crew at
NGW continues to post positive sales and earning revenue then, in
the not too distance future wall street will begin to pay attention.
Just keep up the hard work. NGW will continue to make their business plans.
adjust their business plan, and continue to grow their business.
The market place will take care of itself since California Cannabis
is and will continue to grow within the large single, or lower double
digits.
And our investment to those who own or added to their position a this
very early stage will be well rewarded.
Still, buying more as funds become available.
Hi Guys,
It has been a while. I am still holding all of my shares.
Here is some of my positive thoughts with consideration of the most
recent NGW news release for their new product of NGW branded Sauce cart
2.0.
So we knew 2 quarters ago that NGW was selling into almost 80 retail
Cannabis location.
And lets say ( for easy math) that they have increased this store
sales point to 100 locations.
And lets figure that conservatively that a Cannabis store will sell
about 50 Sauce carts of NGW product per week. ( about 7 per day)
NGW stated that they have sold over 2000 NGW sauce carts in their
first week of product retails sales.
High quality Cannabis sauce carts retail price between $40-$50.
So lets use $40.00 retail selling price.
And lets estimate that NGW gets $18.00 per NGW wholesale selling price.
So here is the math for addition sales dollars and high profit from
NGW branded sauce carts.
100 stores x 50 NGW sauce carts per week x 52 weeks = 260,000 per year.
And therefore $18.00/ unit x 260,000 = $4,680,000 per year.
https://www.leafly.com/news/industry/californias-marijuana-business-outlook-2020
Oh, yes there were 600 retail California Cannabis location in 2020.
With a projection for 300 more stores opening in 2021.
So lets say that NGW sells their product into 25% of the retail location
within the next year.
So 250 stores x 50 NGW sauce carts per week x 52 weeks x $18 =
$11,700,000 per year.
So yes I continue to stay with my positions.
And buying more as funds become available.
Hi Guys,
And yes, NGW stock is trading down to very low levels.
But, good things will come to those who wait.
The up coming start up of the NGW retail Cannabis sales operation
with take NGW to a new higher level in sales and profits.
NGW has stated that they grow over 9500 pound of Cannabis per year
within their current facility.
Also stated that NGW recently has improved its yield 15%.
Retail sales of Cannabis in California is ranging from $3000-4500
So lets use $3000 per pound.
And let us use 9500 pounds per year x $3000/pound selling price.
So 9500lbs. x $3000= $28,500,000 per year.
That's right guys see you all next year at sales moving toward
$30,000,000 per year for NGW.
And this does not include any addition flower growing addition from
the new facility. Due to come on line in the second quarter 2023.
So, for me I am not selling any of my shares.
I will add as funds become available.
And I will sit back watching the Cannabis market in California keep
growing. And while all this is happening NGW share price will be
a significant improvement in it price per share.
Valuations at sales of $30,000,000 per year will be much, much higher
than today sale price. Oh,
another important point. How much profit will NGW make per year
with sales of $30,000,000. For sure enough to fund its next level of
expansion.
The growing California Cannabis market will continue to provide
the sales and profit growth for many years ahead.
Buying more as funds become available.
GLTA
Hi Guys,
It has been a while since I have posted. But really not much to review
that has not already been stated.
Oh, yes, the fact that I have not sold any shares of my NGW holdings.
And in fact added to my position over the past several weeks.
NGW continues to get very, very little attention by the investment
community.
Daily trade count continues to be well 500,000 shares on a 10 day
average.
However NGW is very much under valued at the current share selling price
of about $.37 USD.
Reason being of NGW price to sales currently trading at 3.4 times.
See the money loosing companies with much higher valuations
ACB 6.00 p/s
CGC 10.8 p/s
CURLF 7.4 p/s
TLRY 9.1 p/s
So there you have it guys. For me it might take 1,2,3, or 4 quarters
but NGW story is still going strong. With a new plan for retail,
future expansion of product offerings. And in addition the new grow
facility coming on line with product in the 2nd quarter of 2023,
At some point this perception of NGW valuation will change.
And for one I have placed my bet on this. And I look forward to
the growth story to continue.
Yes, buying more as funds become available!!
Hi Guys,
I have been waiting as this current sell of runs thru the NGW share price.
But for me at ttm (trailing 12 months) P/S of 4 x. Forward P/S with
prior run rate of $20,000,000 is about 3 X.
Just way too under valued. We are at or just near the bottom of this sell off.
And it is time add to my position.
Oh, yes I have not sold one share of my somewhat considerable position
of NGW stock.
Yes, NGW has had a major shift in their market place demand, and some
short term equipment problems.
But management is steering the ship with in the choppy waters of the
current Cannabis market place.
And using their considerable current assets of cash on hand of over
$7 million dollars, in a smart business move in my opinion to enter
their own stores with NGW branded retail Cannabis market.
As their demand shows improvement in sale $$$ over the next couple of
quarters they will easily have generated enough cash to fund the
entry into NGW branded Cannabis retails outlets. And in addition
have enough cash to continue the construction of their new Cannabis
grow facility B.
Buying more as these price levels will not be available for a long
time.
GLTA
HI Guys,
Buhlz, yes I did notice this drop. Not much NGW management could do
about this significant price drop of 20% in the short term.
But for me this price drop will be short term.
And possibly this price drop was the motivation that moved NGW
management into moving further into retail sales of their branded
products where the margins would be much, much higher for NGW.
It does seem with the delay in construction in facility B that NGW
does have the cash on hand currently to move into beginning of
NGW brand retail locations.
I just guess that we will all have to wait a few quarters as to how
this all works out for NGW.
For me.........not buying more as funds become available.
GLTA
Hi Guys,
Bad quarterly results for NGW. Delay in construction and increased cost
in construction of new facility. Beyond management controls.
Lost sales do to upgrade of equipment. Within management control.
Product shift in mix at retail level. Within management control.
I give NGW a grade of C for the recent quarter.
Mike Jennings you need to move back to Coalinga and keep your eye
on the business at hand. Living in Las Vegas just does not work long
term for growing a profitable business.
But some significant business direction changes also noted.
1. Start up again of retail outlet for NGW branded and other products.
2. Processing and selling 3rd party produced Cannabis product.
For me I give NGW a B+ for this change in direction that in my opinion
could lead to higher margins for their products.
Overall I give the quarter results a C
I am not selling any of my shares. However I am not buying more as
funds become available.
GLTA
Hi Guys,
Earning might be today or tomorrow. Really does not matter in my opinion.
NGW is trading slightly up in a down market for most Cannabis stocks.
So for me good a sign and the market will talk to us all real soon.
With the NGW earning report likely that management will update us on
the latest business conditions. And also should likely be making
comments about the upcoming quarter/quarters. And support for the
startup of the new grow facility dates. In addition further updates about
branded NGW products and COOKIES business going forward.
Buying more as funds become available.
GLTA
Hi Guys,
That’s what I’m talking about. Less than 100, 000 shares made that move up. Hold all of your share Guys. And
Buying more as funds become available.
GLTA
Hi Guys,
Yes, big sell off in the Cannabis stocks today.
But have no fear the Cannabis market continues to expand. And California
has the highest growth rate in the U.S.
The Cannabis sector is just for now out of favor with the wall street investors.
But for me the NGW business plan is still in place and moving forward.
!. California market largest and fastest growing in the U.S.
2. NGW quality continues to be the top level of all Cannabis growers
3. NGW totally sold out of product.
4. New NGW facility will be on line by the 2nd quarter 0f 2022
5. Cannabis growing capacity for NGW will triple by the end of 2022.
6. NGW selling only to 100 retail Cannabis outlets the California
market place has over 1000 retail Cannabis outlets
7. EBETA for NGW continue to show over 55% + + and growing.
8. 2nd quarter report should be issued by 8/31/21 (last year 8/31/20)
9. NGW stock price at todays levels price to sales 6.03,
enterprise value/revenue 8.29 highly discounted to industry
companies that are loosing much money each quarter.
For example EV/REV , P/S as per yahoo finance public info
TRSSF 8.29 , 6.82 their EBETA at 40%
TLRY 12.52 , 11.11
CURLF 8.40 , 7.95
CGC 11.44 , 11.41
So have no fear guys. NGW is moving forward with a success plan that will start to become noticed by wall street within the next couple of
quarters.
For me
Buying more as funds become available.
GLTA
Hi Guys,
Thanks for putting more that one head to work on this issue.
Great to see the details.
But still strange to me that right next door there will be a Cannabis
grow facility under a different company name.
Nice if NGW will be the operating arm of Green Heaven Farms.
I just guess that time will tell us all.
Thanks again for all those who added to this.
Buying more as funds become available.
GLTA
Hi Guys,
Next Green Wave, att: Mike Jennings. You owe your investors an update
about the business reasoning for the permit filings using business
name of Green Heaven Farms, and business owner for 1950 Mercantile Lane
as Ababo. LLC.
Thank you,
Hi Guys,
I recently visited the Town of Coalinga, California web site.
Trying to find some information about the current building permit
status for Next Green Wave building expansion for Building B.
https://coalinga.novusagenda.com/AgendaPublic/CoverSheet.aspx?ItemID=4023&MeetingID=383
Can anyone please explain to my why the filing for the building at
1950 Mercantile Avenue, Coalinga, California shows the business name
as Green Haven Farms, and the property owner as Ababo. LLC of
7785 Skyhill Brice, Los Angeles, California.
I was under the impression that Next Green Wave owned this site.
Why the additional name and company ownership of the property as filed
with the town of Coalinga??
Buying more as funds become available.
GLTA
Hi Guys,
If you love Champagne, you want to drink the best and that is
Dom Perignon, Champagne, from France
If you smoke Cannabis you want the best to smoke that that is
New Green Wave.
The word continues to be out there for those who know the very best.
And that is Next Green Wave, from Coalinga, California!!!!
Buying more as funds become available.
GLTA
Hi Guys,
BestFishes, if you go to the City of Coalinga town website the details for
NGW current building permit application with the City of Coalinga, your
will easily see a item listed for an Electrical Generator.
So it does seem that NGW is already on this issue and has a plan
for going forward, to solve this potential problem.
Buying more as funds become available.
GLTA
Hi Guys,
Just do not get side lined by the current noise and share price.
The California Cannabis market is projected 2022 to be between
$4.5-$5.0 billion dollars per year. Yes, billions!!!!
There will be explosive growth for all of those players that
entered early.
And NGW is currently building their brand, and their growing
capacity.
No one can rush how NGW will build out its capacity to grow
Cannabis flower.
However they have proven over the last couple of years that they
know how to grow very high quality Cannabis products.
The growth in the California market place will provide the
expanding growth of sales for NGW.
Public information has stated often that California has over 700
retail Cannabis outlets.
The last public SEC filings noted that NGW was selling to
70 retail outlets. They have only begun to hit the market.
So NGW has a very, very large upside sales potential.
All of this noise about the current share price does not mean
anything for the long term holder of NGW.
I for none am holding all of my shares and buying more as funds
become available.
GLTA
Hi Guys,
Sure I will throw my hat in the ring. For me the 2nd quarterly
number will show much improvement since the pre roll cannabis
and jarred flower product has started to hit the financial
reports.
Yes,
$5,250,000 -$5,500.000.
However NGW still stay at or about these current trading ranges
with a slightly upward movement.
The total Cannabis sector is not getting any of Wall Street money
currently.
And until we get some significant near term sales growth,
NGW share price will continue to trade within its current ranges.
However, all of this is very likely to change very soon.
With the start up and yield of the new facility, in my opinion
there will be a considerable move to the upside.
NGW current price to sales valuations are in the low to mid range.
I believe that this will change very much to the higher range
of price to sales in the Cannabis sector once Facility B is
in production and yielding product for sale. And by the 3rd and or
4th quarter of 2022 the real worth and valuation for NGW will
be showing in the share price. Price to sales should move into
the 10x range and NGW share holder will be nicely rewarded for
their holding their investments.
Buying more as funds become available.
GLTA
Hi Guys,
It has been a while, hope all is going great for you all!!
Big sell of today in the Cannabis sector.
However Next Green Wave price continues to move higher on very strong
volume.
To me this is a bullish sign.
And as I sit wait to see MGW trade thru and close over the near term
resistance of $.67 U.S, we did in fact trade over this price point
with good volume today.
However we must see a close on a weekly basis at this level to have
a meaningful price move to the upside.
Buying more as funds become available.
GLTA
Hi Guys,
Craignortheast, possibly but I am not sure. My post was only an
estimate, and as I stated, many things to consider for the
future. And that is why I posted the number listed as to be plus
or minus 10 percent.
A lot can happen in 2-3 years forward in time in business!!!
Buying more as funds become available.
GLTA
Hi
Guys,
Cookies is a current customer at the retail level for NGW.
Public announced by NGW that they will grow for Cookies
specifically when facility B is set up and growing Cannabis.
There is no other information that I have. And my estimates
were made simply by ratio obtained from their existing grow
facility and current sales dollars.
It is an estimate only and could vary plus or minus by 10%
in my somewhat informed opinion.
Buying more as funds become available.
GLTA
Hi Guys,
Happy 4th of July to all of "youz".
Some of my recent thoughts and quantifications about NGW
Future sales and possible share price valuations.
Easily understood as the NGW has only begun to enter
the massive California Cannabis market. They only announced
selling into 70 retail Cannabis outlets. While there exists
over 700 legal Cannabis outlet in California as of 2020.
Facility A 35,000 square feet, producing at $20,000,000/yr.
Facility B 62,000 square feet, should produce at 62,000/35,000 =
1.77 x 20,000,000 = $35,000,000/yr.
Total sales capable Facility A plus Facility B = $55,000,000/yr.
Facility D projected at 250,000 sq feet.
Facility A plus Facility B = 35,000 plus 62,000 sq feet. =
92,000 sq feet. yielding sales capacity of $55,000,000/ry
Therefore 250,000 sq ft. /92,000 sq ft. = 2.71
Thereby $55,000,000 sales per year times x 2.71 = $149,000,000
Total projected sales per year $55,000,000 + $149,000,000 =
$204,000,000 sales per year.
Lets use a 6 time multiplier market cap to sales 6 x $204,000,000
$1,224,000,000.
And lets say that 2-3 years shares outstanding would be at
250,000,000 shares
In summary share price would easily be projected to be
$1,224,000,000/225,000,000 = $5.44
And likely much more if and when any positive news about
Cannabis legalization becomes a reality.
Yes my 2-3 year projection, and you all heard it here first
$5.50 by year end 2023!!
Buying more as funds become available.
GLTA
Hi Guys,
HD thank you so much for your professional input about the
construction start up for NGW Facility B.
And in addition I totally agree with you comment about NGW
market cap valuations over the "next few years".
Just in California alone there is a sufficient market to allow
for NGW to reach these levels.
And who know what the future brings for Mr. Jennings and group
using it business experience and Cannabis knowledge to
place themselves as a major player in the Cannabis market out-
side California.
Valuations will just take care of themselves as NGW works their
business plan.
Buying more as funds become available.
GLTA
Hi Guys,
Hi Bridget21, always great to see you post. I will try to make
some points and answer projected 2-3 years for NGW.
Remember these are just my thoughts about NGW and their business.
I do not have any access to any information other than that
is made know to the general public. I am using my over 50 years
of successful business experience as a business owner and
manager to make these reasonable projections.
Ok, so NGW stated today that the Facility B, C of O will happen
by March 2022. So the first harvest from facility B will begin
in the third quarter of 2022. And from a sales dollar amount for
2022 sales could easily reach a pace of $40,000,000 per year by
the first quarter of 2023. And full capacity of Facility B sales
would be hitting the financial reports by the 2rd quarter of
2023. The sales would/could easily be at least $60,000,000 per
year rate US dollars by the mid of 2023. By the 1st quarter of
2022 NGW will announce formal plans to build Facility C. And
construction would begin by the 3rd quarter of 2022. In addition
NGW will have enough
cash flow to finance this additional build of Facility C with
their growing positive cash flow each quarter. In addition
NGW will likely partner/buy additional grow capacity within
California. By the end of 2023 NGW sales run rate will be well
over $100,000,000 per year, and very likely much more.
Using a 6 x multiple market cap to sales 6 x $100,000,000 =
$600,000,000. With 200,000,000 shares outstanding yields a
share price of $600,000,000/200,000,000 share = $3.00.
But this could easily be much more by then if and when
Cannabis legalization occurs. Upper end could be $6-9.00 U.S. $$
Buying more as funds become available.
GLTA
Hi Guys,
Etailer just for information NGW Facility C projected at
about 250,000 square feet. NGW has used the words "greenhouse"
to describe the Facility C. Not sure of how this would effect
grow yield per square foot. But I think that operating cost
would be lower in a "greenhouse".
But I just guess that we will have to wait until more details
become public information from NGW management.
For me I am sitting back and enjoying the business plan play
out.
And a booming demand for Cannabis in California, and possible
better legalization are the wild card kickers within this plan.
Who knows how the market place will place valuations on
public Cannabis profitable companies if and when legalization
comes into law.
In the while NGW business plan is looking very good to me..
Buying more as funds become available.
GLTA
Hi Guys,
Etailer, you made a great choice. However in 3 years
possibly less NGW will have built out their existing land in
Coalinga, California. Their sales would easily many, many times
the current annual sales from facility A.
NGW would be in full production in all their growth capacity.
And NGW would have the cash flow to build/partner/purchase
and expand their foot price in California (the largest Cannabis
market in the U.S.). Or at their business choice expand to another
state or country, as they see to expand their business foot
print.
Yes, 3 years out is a long time and the future is not clear.
But for the next 12 months the stated business goals of NGW
seem to me to be clearly in focus. And very exciting to watch
this business and my investment grow!!
Buying more as funds become available.
GLTA
Hi Guys,
Another simple thought. NGW is selling all the product that
they can grow 70 retail sales customers. The fact stated in
NGW most recent earning release.
The California market place is very, very large. With over
700 retail Cannabis outlets stated as of early 2021.
See details
https://cannabusinessplans.com/california-cannabis-market/
Considering this all NGW will be able to sell every bit of
product that they can grow in their new Facility B.
And going forward, NGW will continue to expand their grow capacity
in California either on its existing sight. Or adding new
grow locations in California by themselves or with partners
within the next few years.
Buying more as funds become available.
GLTA
Hi Guys,
Ok great news this morning that NGW will finally receive its
building permit from Coalinga, Ca. to begin construction of
Facility B in July 2021.
But even better news, that NGW has found a way to increase the
square footage of the new Facility B over 20% to 62000 square
feet. And to add efficient use of Facility A by selectively
moving some of Facility A production operations to the new
Facility B building.
NGW seems to be finding ways to continue to improve their business
operations.
Very, very good news release in my opinion.
Time to consider a few monthly and annual forecast for NGW
sales for year ending 2022. Given the increase in operating
square footage. And improved productivity total sales could
increase by at significant margins.
Very bullish on the future valuation for NGW business!!
I am holding all of my shares. And buying more as funds become
available.
GLTA
Hi Guys,
Cannabis market stocks selling off today. NGW holding it own
well within its recent trading range.
Waiting for some news updates, construction details about new
facility startup, or new sales products or outlets.
We sit back here holding all of my shares!!
Adding more as funds become available.
GLTA
Hi Guys,
Buhlz, that guys has made a terrific analysis of NGW current
financial.
And he summarizes and quantifies what some of us have been
saying about NGW for many, many, months and (quarters now).
NGW is just running their business, they are creating a brand
name. And as this business plan continues to play out those of
us who have made our investments with Mr. Jennings and the team
at NGW will be nicely rewarded.
Just think about where NGW business will be in 12 months.
And then 24 months.
The growing demand of California Cannabis is just not slowing
down.
And California will buy all the Cannabis that NGW will make over
the next several years.
And who know what other expansion plans would be ahead for NGW
after building out of Facility D, of 250,000 square feet.
Buying more as funds become available.
GLTA
Hi Guys,
As far as NGW trading range is concerned I continue to review
the Candle Stick Charts for trading ranges. As shown on the
daily Candle Stick Chart I did observe the following.
I just looked over the Candle Stick charts. And I know that this
will be an aggressive call. But I am happy to make the statement
that the next resistance point is at $.91 U.S..
That being said, as long as the volume continues to hold over
the 1,000,000 share range per day.
Ok, you heard it here first!! And I just calling them as I see
them.
Buying more as funds become available.
GLTA
Hi Guys,
Well those of us who waiting and continue to hold are certainly
enjoying todays upward move. Well over a million shares traded
so far today.
In addition NGW has traded above the near term resistance of
$.67 U.S.. We can easily see the weekly chart candle pattern
stick "bullish engulfing pattern" .
Next resistance is noted as $.73 U.S.
Buying more as funds become available.
GLTA
Hi Guys,
Yes, nice to see continued growth in sales and gross profit.
Also while we all await the updates about the new Cannabis grow
facility, NGW continue to find ways to add revenue by launching
new products. And in addition NGW continues to position its brand
of NGW brand products as the "highest" quality Cannabis products
available, any where.
The additional products of high THC prerolls bring a high dollar
value to sales and profits to their existing Cannabis sales.
As Mr. Jennings continues to comment "this is just the beginning"
For me I am sitting back and continue to observe NGW to
"State their business plans, work their business plans, adjust
there business plans and achieve their business plans".
The growth will take care of itself within the Cannabis market,
that continues and will continue to grow at double digits for
many, many years. I continue to stay very long and hold all of
my shares.
Buying more as funds become available.
GLTA
Newsfile Corp.
Tue, June 1, 2021, 8:30 AM EDT
NXGWF
+5.69%
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company"), a premium seed-to-shelf craft cannabis producer, is pleased to announce the following operational and financial updates:
Product Launch
Last week, the Company made its first sale of its brand new infused pre-roll product line. This product will not only contain our premium flower, with our highest potency strains (most of which consistently exceed 30% THC), but will also include our high-end diamonds, which are made entirely from our premium in-house trim.
…
"With the launch of our first set of 2.0 derivative products (infused pre-rolls), we continue to differentiate ourselves by offering high-end product lines that consist entirely of our flower product from our premium indoor cultivation facility. Additional products will be released over the next couple of months. This is just the beginning!"
Michael Jennings
Chief Executive Officer, Director
Next Green Wave Holdings Inc.
Hi Guys,
I dream from last night. And yes it was a full moon overhead.
NGW and COOKIES start to date, and finally got married.
They had many, many children. And their families spread out
throughout the U.S. and then the world.
What a crazy dream? Well I woke up thinking it was real.
And no I was not stoned.
Member guys you heard it hear first.
Buying more as funds become available.
GLTA
Hi Guys,
Where CEO lives just not a problem!!
Las Vegas to Fresno Calif. less than I hour plane ride. Fresno
to Coalinga, Calif. NGW grow facility, less that 1 hour drive.
Easy commute for any CEO. In and out in less that one day.
Take you meetings, give your directions and you are on your way!!
Oh, yes we also live in the world of face time, texting and
instant communication. Oh, yes I did forget the cell phone.
Buying more as funds become available.
GLTA
Hi Guys,
Wow, painful Cannabis stock sector sell off today. And yes,
a lower tide lowers all ships in the Ocean.
Buying more as funds become available.
GLTA
Hi Guys,
Cannabis stocks sector under continuing sell off today.
NGW hanging in with a lower % slightly down stock price.
Share count is very low so not meaningful movement in NGW.
However sales and profit numbers for NGW continue to outperform
the total Cannabis market.
Guys, we just need the months to pass and additional quarterly
reports of meeting the NGW stated business goals continue to
come to being.
So for those of us informed we continue to hold and place
additional investments with NGW.
It may take a couple of more quarters but sooner than later
NGW will be on the Wall Street radar. And significant stock
trading and much improvement is the company valuations will
be had by all.
For me I am just sitting back and watching all the noise and
profit loss around the Cannabis industry. In the mean time
NGW continues to grow in both sales and profits. I will not be
investing in any of these companies. Although in the very long
term some of them will be significant winners. I have placed my
bet in NGW and I am sticking with it.
Buying more as funds become available.
GLTA
Hi Guys,
Thanks, "Bridget21" great post. This just summarizes my thinking
about NGW and why I am continue to hold and invest in their
business.
Buying more as funds become available.
GLTA