Hi Guys,
My thoughts about the share price move. Investors are supporting
the move with large volume buys. It is almost 1 pm eastern time
and NGW has traded almost 1,000,000 shares today. That is about
3 times the average daily shares traded for the last trading days.
Investors have realized that NGW is on the up swing with its
business. The COOKIES deal is very, very important. NGW now has
an established retail outlet for all of it vapes, roll, sauce and
gummies. Not to mention flower which was sold out before COOKIES.
So for me this could easily add $1,000,000 to the monthly sales..
Yes, I know it seem like a large dollar amount. But NGW can buy
high THC quality Cannabis, and have it processed and then
packaged into their NGW retail packaging. This amount is only the
beginning, and with the retail sales outlet of COOKIES it should
become considerably more in a few months.
I just can't wait to see the first months sales numbers, hopefully
given to us as a look see by management in early Feb.
With this sales would be moving into the $2,500,000- $3,000,000
per month range. With an annual sales run rate of $36,000,000
per year.
The above is easily reason to justify this move today and much,
much more upside prices to follow for NGW.
Buying more as funds become available.
GLTA
