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Alias Born 10/28/2019

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Thursday, 07/15/2021 7:28:31 PM

Thursday, July 15, 2021 7:28:31 PM

Post# of 14223
Facility B will produce low margin product for Cookies, whom will scale back production requirements for new contractors in California due to overproduction market wide leading to lower prices and leaving NGW with a facility that will be largely unused. They should have been planning outdoor growing to cut costs and follow industry leaders worldwide. They also should be looking to emerging markets in other states, which they are not. Poor decision making. If all they can deliver is a 60 cent share price now during the market highs the past couple years how do you think the share price will increase in a market downturn?? It's coming and they are making all the wrong moves for the future. If you think nationwide legalization will bail them out look to Canada as the case study for that. There's over 1 million kilos sitting in storage resulting in mass dispensary and production Some of the largest Canadian producers have been reeling after massively overinvesting in greenhouses and M&A between 2017 and 2019. closures and bankruptcies. Some of the largest Canadian producers have been reeling after massively overinvesting in greenhouses and M&A between 2017 and 2019.

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