GREY:CRXPF - Post by User
Comment by
Mikepalon Aug 23, 2018 11:42pm
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Post# 28509867
RE:RE:CROP vs. New Age Farms
RE:RE:CROP vs. New Age FarmsThank you for your help!
Hooverjr10 wrote: They're very similar, but New Age has just began their development into the CBD sector. Bringing on KURED will be benifical to their growth but their revenue will be obsolete compared to CROP. This binds them to one company and if the company's product doesn't sell well then they are stuck with inventory.
CROP is not only established in multiple markets (regions), they are also white labeling their CBD giving them an opportunity for more revenue. They can sell their CBD to anyone and not be stuck to their one brand that may not sell well. And they are expanding at an impressive rate which will pay off nicely in the coming months/ years.
So overall they're very similar, just two key differences: pace of growth with new land/ properties, and New Age is stuck with KURED, CROP can produce and sell and continue on with their next harvest.
Hope this was helpful.
J