New Age Farms (CSE: NF) offers licensed grows the opportunity to turn their paper license into paper in their wallet faster.
This is a unique spin on the cannabis space as it solves some of the biggest barriers to enter into the industry.
- Government-certified license
- High initial start-up cost (leasing, land purchase, renovation costs)
- High ongoing production costs (utilities, harvesting, processing costs)
- Time to generate revenue from tilt up facility
Their 3 large (25,000 sq ft combined) & secured tenant-grower facilities in Washington State; allow licensed growers to get up and running with no capital outlay. You show up with your license and New Age Farms takes care of the rest, for a fee of course.
They provide licensed growers with the space, equipment and expertise to get up and running in no time. This business model is unique in the cannabis sector and offers investors some diversification in the Cannabis sector, which is dominated by the traditional cultivator model.
Their facilities’ tenants are showing some promise and their products are almost ready to go out the door.
Here is a video showing their facility in Oroville, Washington
They also are turning focus back towards Canada and aim to get their BC facility (cultivation and extraction) up and going to handle the demand from the impending legislation changes in 2018. New Age Farms plans on spinning out their BC facility into a separate entity in the future, so there is that additional bonus to shareholders of the company.
They also recently announced an increased communications program which has the potential to be a short term catalyst for share price appreciation, as their unique story will get to the ears of more investors.
Fortune Favours the Bold