Replies to post #5718 on Next Green Wave (fka NXGWF)

[Harpo1]

Hi Guys,

From NGW web site that they forecast producing 9000 pound of weed per year.

Therefore since NGW is now in full production and getting a harvest every 10 to 14 days, for the last 3 months of 2019.

So lets estimate here 9000 /12 = 750 pounds per month.

And lets estimate that they had some start up problems so for estimating lets use 600 pounds per month.

High quality indoor weed is selling at almost $3000/pound. But lets use $2500/pound for estimating.

Summary 3 months x 600 pounds per month x $2500/pound = $4,500,000.

My estimate for sales for the last quarter of 2019 is now stated at $4,000,000.

This why I continue to hold and add to my position as I can.

GLTA...……..comments welcome please!!

[Harpo1]

Hi Guys,

So details about the price of high quality weed

https://mjbizdaily.com/wholesale-marijuana-prices-for-flower-dip-in-nevada/

Looks like my $2500 per pound estimate is looking very good here.