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Re: Harpo1 post# 6815

Thursday, 05/14/2020 12:10:54 PM

Thursday, May 14, 2020 12:10:54 PM

Post# of 14223
Hi Guys,

We should see a nice move up in price with the release of the first quarter sales numbers. Also we are still waiting for the extraction building to obtain its C of O.

The issuance of this C of O will allow the on premises processing of stems and twigs for into their extraction process for CBD and oils.

The profit margin of the extraction process is much greater, and this will be the driving point of the sales growth into the third quarter.

This will complete their near term goals for the startup of the new facility.

And the sales projection of $30 million per year that was originally put in place will be back on the front burner for NGW.


GLTA

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