InvestorsHub Logo
Followers 7
Posts 1303
Boards Moderated 0
Alias Born 03/08/2019

Re: quito_yume post# 8340

Friday, 08/21/2020 11:10:07 AM

Friday, August 21, 2020 11:10:07 AM

Post# of 14223
My take. If NGW is planning to double or triple capacity, as Mike has stated, they will need more dispensaries to sell their products in the near future. NGW will now have a distributor relationship to act as their sales force leaving NGW to focus on what they do best, growing and extracting premium cannabis.

Also NGW's extraction facility is about to come online and should be producing much higher volumes of concentrate products for themselves, and other growers. NGW could be a growers one stop shop to extract, package, brand, and distribute their products for them using a fee based menu for services provided.

With the upcoming increase in flower and extraction capacity NGW will need a trusted distribution network to keep the product flowing without interruption. That's my take on it. gl

Posts are my opinion only, and not advice of any kind. glta

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.