Next Green Wave (fka NXGWF)

[Hunterdog]

Here's the most crucial part of the Press Release:

“A financing collateralizing US cannabis assets is extremely rare; the fact that we were able to accomplish an asset-backed financing at our relatively early stage of existence is very encouraging and speaks to the Lender’s high confidence in the potential of our Company. It is our expectation that we will achieve both positive cash flow and profitability in the first half of 2020."

Does everyone have any concept how amazing it will be for a young Cannabis company to be cash flow positive at this early stage? There are companies twenty times the size of NGW that have been operating for ten times as long which are not cash-flow positive.

Obviously, the fact that HGW was able to attain financing is an amazing accomplishment and speaks volumes about the confidence placed in the company by lenders.