Gage Growth CEO Fabian Monaco: Big Margin of Expansion in Retail, Production and Partnerships

Gage Growth CEO Fabian Monaco says #GageGrowth (CSE:GAGE) is marching towards being the number one market share leader in the state of #Michigan after the company recorded a revenue of $17.6 million for Q1 of 2021, an increase of 219.4 percent year on year and 67.9 percent quarter over quarter. Gage ended the quarter with over $43.6 million of cash.

“We’re in Q3, Q4, and obviously in 2022 as a whole, you're really gonna see some outsized growth from Gage. We’re at the forefront of people's minds when they think not only about #cannabis but Michigan cannabis as well,” Monaco shared.

At the beginning of Q3 2021, Gage announced it added two retail locations to its portfolio, entered into a contract grow agreement with a third-party Michigan cannabis license holder, and secured an exclusive five-year partnership with Pure Beauty after it closed an exclusive deal with Khalifa Kush.

“Our goal is to have 10 contract growth, 13 different facilities and 20 retail stores across Michigan at the end of the year. We really like controlling the brand narrative, essentially from seed all the way to smoke. You're going to see some pretty big margin expansion as we get to the end of 2021 and into 2022,” said Monaco.

In 2020, Gage Cannabis sealed a US$20 million commitment from JW Asset Management. According to Monaco, JW is the massive differentiating factor as the company continues to excel with Jason Wild, Founder and President of JW, being extremely supportive financially and strategically.

Watch the full interview of Gage Growth CEO Fabian Monaco above.

________________________________________________________________
Investing News Network (INN)

Find out more about investing by INN @
https://investingnews.com/

Want a FREE investor kit? Download here↓
https://bit.ly/31NNNTR

Follow us Facebook:
https://www.facebook.com/investing.news.your.trusted.source

Follow us on Twitter:
@INN_Resource

________________________________________________________________
The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Видео Gage Growth CEO Fabian Monaco: Big Margin of Expansion in Retail, Production and Partnerships канала Investing News