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Re: jbsmither77 post# 7789

Wednesday, 07/22/2020 4:23:03 PM

Wednesday, July 22, 2020 4:23:03 PM

Post# of 14223
Well, first of all Mike Jennings has indicated that their next step is to Lease existing buildings so that the company can "double or triple" their sales over the next 12 months.

I suspect that currently they are doing approximately 1.25 million per month, maybe a tad less. So let's assume it's 1.1 million / month. A double would be $2.2 and a triple would be $3.3...........and that's without the extraction facility coming on-line.

One possibility could be, with all the buzz NGW has GOT to be causing in the Cannabis sector, it could attract a deep-pocketed investor wanting to gobble them up. Even today, every single share could be had for less than $30MM. That's a real bargain for what they would be getting. It's not beyond the realm of possibilities that such an offer would be for twice the current trading price.

There may be lots of growers out there, but nobody is turning out the THC content that Mike is. And apparently the "Brand" is gaining favor with the consumers who gravitate toward the very best available.

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