Mike did a good job summarizing NGW's plans for the future. My take on his comments were... They will be looking to expand capacity, but not at any cost. They will be looking for the right opportunity at the right price, including building a new facility on there own land in Coalinga. The tissue culture partnership with Green Venus is moving forward with a possible launch date in Q4. Full spectrum vape carts and gummie edibles are new products coming soon. The CFO said operation costs are coming down, and they hope to hit $1M EBITDA in the near future. These are just my impressions of what was said during the call. Others may have a different take. glta
Posts are my opinion only, and not advice of any kind. glta