Next Green Wave (fka NXGWF)

[ratler3311]

It seems that other LP's are giving NXGWF a bad rap.

https://finance.yahoo.com/news/heres-how-legal-weed-will-play-out-in-america-120705327.html

"Until the SAFE law (which would allow legal banking by U.S. weed companies) or one like it passes, domestic weed producers are limited in terms of banking services. That has created an unusual, bifurcated set of investment options for investors. On the one hand are a handful of Canadian companies (called Canadian LPs, for licensed producers) which may be familiar to you including Canopy Growth (CGC), Tilray (TLRY), Aurora (ACB) and Aphria (APHA). These stocks boomed in 2019, crashed last year then rose again but are still off a good 30% from their highs of two years ago.

“Canadian licensed producers over promised, overspent and were essentially widely unprofitable,” says Gomez. “The companies had to right-size their businesses, cut a lot of employees and costs. They needed to focus on fundamentals and running a business as a business should be run. That left the industry in a really great position to grow,” Gomez says, noting that consumption and sales stayed strong during the pandemic."

I believe Mike and crew have seen this and have learned by other's mistakes.