Next Green Reports Q4 Results And Corporate Appointments
Next Green Wave Holdings Inc. (CSE:NGW) (OTCQX:NXGWF) has generated approximately $4.7 million in revenue, compared to $3.6 million in the prior period and $150,000 in the corresponding quarter of 2019.
The Vancouver, British Columbia-based company posted an Adjusted positive EBITDA of $2.3 million versus a $2.15 million loss in the fourth quarter of last year.
Next Green s earnings report comes on the heels of the company s signing a supply and production deal with the California cannabis brand Cookies.
Some of the fourth quarter highlights include the company s intention to build out an indoor cultivation facility spanning 50,000 square feet adjacent to its 35,000 square foot facility in Coalinga, California.