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

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

“We’re in Q3, Q4, and obviously in 2022 as a whole, you’re really going to 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 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

This CEO Interview is brought to you by:

Gage Growth (CSE GAGE) is a premier cannabis cultivator, retailer and brand in Michigan that operates on the idea that “good is just not good enough.” Its core values of providing premium cannabis to market, positively shaping cannabis culture and nurturing the community primes the company for success and rapid economic growth.Send me an Investor Kit

“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 a 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 with Gage Growth CEO Fabian Monaco above. 

This interview is sponsored by Gage Growth (CSE:GAGE). This interview provides information which was sourced by the Investing News Network (INN) and approved by Gage Growth (CSE:GAGE) in order to help investors learn more about the company. Gage Growth (CSE:GAGE) is a client of INN. The company’s campaign fees pay for INN to create and update this interview.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Gage Growth (CSE:GAGE) and seek advice from a qualified investment advisor.

The post Gage Growth CEO Fabian Monaco: Big Margin of Expansion in Retail, Production and Partnerships appeared first on Investing News Network.

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