Hi Guys,
Sure I will throw my hat in the ring. For me the 2nd quarterly
number will show much improvement since the pre roll cannabis
and jarred flower product has started to hit the financial
reports.
Yes,
$5,250,000 -$5,500.000.
However NGW still stay at or about these current trading ranges
with a slightly upward movement.
The total Cannabis sector is not getting any of Wall Street money
currently.
And until we get some significant near term sales growth,
NGW share price will continue to trade within its current ranges.
However, all of this is very likely to change very soon.
With the start up and yield of the new facility, in my opinion
there will be a considerable move to the upside.
NGW current price to sales valuations are in the low to mid range.
I believe that this will change very much to the higher range
of price to sales in the Cannabis sector once Facility B is
in production and yielding product for sale. And by the 3rd and or
4th quarter of 2022 the real worth and valuation for NGW will
be showing in the share price. Price to sales should move into
the 10x range and NGW share holder will be nicely rewarded for
their holding their investments.
Buying more as funds become available.
GLTA
