Hi Guys,
Cresus2019, yes the deal was put into place in Feb. 2019. However the deal is still mentioned in the recent SEC filings for NGW. And is not front line news for NGW it still exist as a business expansion possibility/probability.
Also if you drill into the details, the planting of weed in Columbia was targeted to start in 2020. They stated that they would have 100 hectacres which equals 247 acres of growth area.
And in addition NGW over the last 9-12 month has proven its growth process. And in addition the extraction start up is soon to be coming on line.
All of this product and process of growth knowledge was part of the plan to transfer to Columbia for the local growth and distribution into the first Columbia and then other South American Markets.
If this all comes together...…..well, just well it might put the old CEO Leigh Hughes, back in favor with investors, if not NGW management. Since the deal was made on his watch.
GLTA
