Hi Guys,
Just do not get side lined by the current noise and share price.
The California Cannabis market is projected 2022 to be between
$4.5-$5.0 billion dollars per year. Yes, billions!!!!
There will be explosive growth for all of those players that
entered early.
And NGW is currently building their brand, and their growing
capacity.
No one can rush how NGW will build out its capacity to grow
Cannabis flower.
However they have proven over the last couple of years that they
know how to grow very high quality Cannabis products.
The growth in the California market place will provide the
expanding growth of sales for NGW.
Public information has stated often that California has over 700
retail Cannabis outlets.
The last public SEC filings noted that NGW was selling to
70 retail outlets. They have only begun to hit the market.
So NGW has a very, very large upside sales potential.
All of this noise about the current share price does not mean
anything for the long term holder of NGW.
I for none am holding all of my shares and buying more as funds
become available.
GLTA
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