Next Green Wave (fka NXGWF)

[Harpo1]

Hi Guys,

https://reports.cannabisbenchmarks.com/2019/12/

Link shows that for week of December 6,2019 indoor weed has a market price of $1800 per pound.

There has been no decrease, and in fact a slight increase of this selling price since the late winter of 2019.

I mention late winter 2019 since that was in fact around this time that management forecast for sales was $30,000,000 annually once in full weed growth production.

Also in a public info video interview last winter our prior CEO Leigh Hughes was quoted saying that once in full operation the current manufacturing facility can produce 27,000-28,000 pounds of product per year!

So lets say NGW only is a reduced fraction of this production. And also lets say that the selling price will be more like $1500 per pound.

The forecast of $30,000,000 sales of product per year looks very reasonable to me.

In addition with the current news release NGW is planting some very high quality boutique weed that will be marketed as sold thru SDC and their new with FADER.

People will pay up for this type of product, and its collectable packaging.

We NGW just did some financing. That should in my opinion act as a bridge loan to take NGW to cash flow positive. Remember the current CEO Mike Jennings stated that NGW will be positive cash flow in the second half of 2020!!


GLTA