InvestorsHub Logo
icon url

Harpo1

06/23/21 11:48 AM

#12992 RE: Bridget21 #12991

Hi Guys,

Hi Bridget21, always great to see you post. I will try to make

some points and answer projected 2-3 years for NGW.

Remember these are just my thoughts about NGW and their business.

I do not have any access to any information other than that

is made know to the general public. I am using my over 50 years

of successful business experience as a business owner and

manager to make these reasonable projections.

Ok, so NGW stated today that the Facility B, C of O will happen

by March 2022. So the first harvest from facility B will begin

in the third quarter of 2022. And from a sales dollar amount for

2022 sales could easily reach a pace of $40,000,000 per year by

the first quarter of 2023. And full capacity of Facility B sales

would be hitting the financial reports by the 2rd quarter of

2023. The sales would/could easily be at least $60,000,000 per

year rate US dollars by the mid of 2023. By the 1st quarter of

2022 NGW will announce formal plans to build Facility C. And

construction would begin by the 3rd quarter of 2022. In addition

NGW will have enough

cash flow to finance this additional build of Facility C with

their growing positive cash flow each quarter. In addition

NGW will likely partner/buy additional grow capacity within

California. By the end of 2023 NGW sales run rate will be well

over $100,000,000 per year, and very likely much more.

Using a 6 x multiple market cap to sales 6 x $100,000,000 =

$600,000,000. With 200,000,000 shares outstanding yields a

share price of $600,000,000/200,000,000 share = $3.00.

But this could easily be much more by then if and when

Cannabis legalization occurs. Upper end could be $6-9.00 U.S. $$

Buying more as funds become available.

GLTA