Hi Guys,
Yes, big sell off in the Cannabis stocks today.
But have no fear the Cannabis market continues to expand. And California
has the highest growth rate in the U.S.
The Cannabis sector is just for now out of favor with the wall street investors.
But for me the NGW business plan is still in place and moving forward.
!. California market largest and fastest growing in the U.S.
2. NGW quality continues to be the top level of all Cannabis growers
3. NGW totally sold out of product.
4. New NGW facility will be on line by the 2nd quarter 0f 2022
5. Cannabis growing capacity for NGW will triple by the end of 2022.
6. NGW selling only to 100 retail Cannabis outlets the California
market place has over 1000 retail Cannabis outlets
7. EBETA for NGW continue to show over 55% + + and growing.
8. 2nd quarter report should be issued by 8/31/21 (last year 8/31/20)
9. NGW stock price at todays levels price to sales 6.03,
enterprise value/revenue 8.29 highly discounted to industry
companies that are loosing much money each quarter.
For example EV/REV , P/S as per yahoo finance public info
TRSSF 8.29 , 6.82 their EBETA at 40%
TLRY 12.52 , 11.11
CURLF 8.40 , 7.95
CGC 11.44 , 11.41
So have no fear guys. NGW is moving forward with a success plan that will start to become noticed by wall street within the next couple of
quarters.
For me
Buying more as funds become available.
GLTA
AI
