Hi Guys,
HD, for me I think that you are getting a bit ahead of the NGW valuation with their current business reality.
But who knows, and if the Democrates will and crazy valuations come back to the weed sector well, possibly, just possibly we NGW will have a shot at these valuation.
However if and when a additional business development is stated and then achieved then for sure new valuation levels for NGW will become a reality.
But this could take awhile in my opinion.
My long shot for NGW is that they become a proven name brand in the California Cannabis market. And NGW becomes nationally know as a CPG of extra high quality Cannabis products.
And then NGW sells license to other growers for "powered by NGW" growth technology throughout the U.S. market. And overseas.
And yes if this does happen then the valuation you stated will easily become the low range for NGW stock..
GLTA
