Next Green Wave Holdings Inc (NGW)

[Cannabis Futures]

In my previous math, I had used a selling price of $8 per gram sold at a dispensary.
I investigated this recently and discovered the selling price per gram in California for our type of flower currently sits at roughly $12.

Based on this, I present to you below, three scenarios and their rough revenue projections based on our current sales figures: 10%, 50% and 100% of NGW product sold at a NGW dispensary.

Enjoy :)

NEXT GREEN WAVE – NGW / NXGWF
169,561,000 SHARES
Q3 2020 REVENUE: 3,500,000
ANNUAL REVENUE: 14,000,000
Q3 PRICE PER GRAM SOLD: 5.07
ANNUAL GRAMS SOLD: 2,761,341
DISPENSARY SELLING PRICE PER GRAM SOLD: $12


10% NGW PRODUCT SOLD AT NGW DISPENSARY ANNUAL REVENUE: $3,313,609
TOTAL ANNUAL REVENUE (10% DISPENSARY + 90% AS CURRENT): 15,913,609
13.67% REVENUE INCREASE
REVENUE PER SHARE WITH 169,561,000 SHARES: $0.0938


50% NGW PRODUCT SOLD AT NGW DISPENSARY ANNUAL REVENUE: $16,568,046
TOTAL ANNUAL REVENUE (50% DISPENSARY + 50% AS CURRENT): $23,568,046
68.34% REVENUE INCREASE
REVENUE PER SHARE WITH 169,561,000 SHARES: $0.1389


100% NGW PRODUCT SOLD AT NGW DISPENSARY ANNUAL REVENUE: $33,136,092
136.67% REVENUE INCREASE
REVENUE PER SHARE WITH 169,561,000 SHARES: $0.1954

I also studied the share prices for Canadian Licensed Producers when cannabis became legal in 2018 to try to estimate the share price when hype leads to a price spike. Based on my research, I found that share prices were roughly at 47x revenues when they spiked. This may not mean anything, so here’s the math with that value using my previous examples ;)

10% DISPENSARY SALES
REVENUE PER SHARE WITH 169,561,000 SHARES: $0.0938
47X REVENUE PRICE PER SHARE: $4.41


50% DISPENSARY SALES
REVENUE PER SHARE WITH 169,561,000 SHARES: $0.1389
47X REVENUE PRICE PER SHARE: $6.53


100% DISPENSARY SALES
REVENUE PER SHARE WITH 169,561,000 SHARES: $0.1954
47X REVENUE PRICE PER SHARE: $9.18