Next Green Wave Exceeds Projections, Releases Q3 2021 FS
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company"), a premium seed-to-shelf craft cannabis producer, is pleased to announce the following financial update:Release of Q3 2021 ResultsThe Company has exceeded both its Q3 2021 Adjusted EBITDA* projection and Q3 2021 Facility Revenue Projection (originally announced HERE). The Company has released its financial statements for the...
2021-11-30 8:30 AM EST
Next Green Wave Launches New Sauce Carts
Vancouver, British Columbia--(Newsfile Corp. - November 9, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company"), a premium seed-to-shelf craft cannabis producer, is pleased to announce the following updates:Sauce Cart LaunchAfter months of R&D testing, the Company is pleased to officially announce the launch of NGW's 2.0 Sauce Carts (the "New Carts"). These carts still feature our popular premium, single-source, strain-specific,...
2021-11-09 8:40 AM EST
Next Green Wave Releases Q3 Results
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company"), a premium seed-to-shelf craft cannabis producer, is pleased to announce the following financial update:High Level Q3 2021 ResultsThe Company has exceeded its Q3 2021 Adjusted EBITDA* projection (originally announced HERE). In the below table, the Company has provided Revenue and Adjusted EBITDA* for the last four quarters. In...
2021-10-13 8:30 AM EDT
Next Green Wave Eliminates All Debt
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company"), a premium seed-to-shelf craft cannabis producer, is pleased to announce the following financial updates:Loan Fully RepaidAs of September 30, 2021, the Company has used its cash-on-hand to fully repay the last of its outstanding debt, and as a result, the Company's only remaining liabilities on its Balance Sheet are trade...
2021-10-06 8:30 AM EDT
Next Green Wave Appoints Curtis Floyd to Its Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company") the Company is pleased to confirm the appointment of Curtis Floyd to NGW's Board of Directors.Mr. Floyd joins the Next Green Wave Board of Directors with an outstanding track record in business, entrepreneurship and leadership. Currently, Mr. Floyd is:a practicing attorney with The Law Offices of Curtis Floyd, holding an...
2021-10-01 8:45 AM EDT
Next Green Wave Announces Resignation of Director
Vancouver, British Columbia--(Newsfile Corp. - September 7, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company") announces that Benjamin Kovacs has resigned from his position as Director, effective September 6, 2021. The Company has not announced a replacement for Mr. Kovacs at this time.Michael JenningsChief Executive Officer, DirectorNext Green Wave Holdings Inc. About Next Green Wave Next Green Wave is an integrated premium...
2021-09-07 8:45 AM EDT
Next Green Wave Awarded Building Permit, Releases Q2 Results
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company"), a premium seed-to-shelf craft cannabis producer, is pleased to announce the following operational and financial updates:Construction UpdateThe Company has been awarded its building permit by the City of Coalinga. In addition, NGW is pleased to announce it has completed the Civil Work (previously announced HERE).The construction...
2021-08-31 8:30 AM EDT
Next Green Wave Commences Construction
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company"), a premium seed-to-shelf craft cannabis producer, is pleased to announce the following operational update:Construction CommencesThe Company has received approval from the City of Coalinga (the "City") to start the civil work (the "Work") relating to its approx. 62,000 sq. ft. (previously announced as 50,000 sq. ft.) premium indoor...
2021-06-23 8:30 AM EDT
Next Green Wave Releases Q1 2021 Results and Launches New Product
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company"), a premium seed-to-shelf craft cannabis producer, is pleased to announce the following operational and financial updates:Product LaunchLast week, the Company made its first sale of its brand new infused pre-roll product line. This product will not only contain our premium flower, with our highest potency strains (most of which...
2021-06-01 8:30 AM EDT
Next Green Wave Announces Financial Results, Provides Dispensary Update
Vancouver, British Columbia--(Newsfile Corp. - May 3, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company"), a premium seed-to-shelf craft cannabis producer, is pleased to announce operational and financial updates:Dispensary UpdatesThe Company now has placed multiple product lines in approximately 75 dispensaries throughout California, ranging from Sacramento to Palm Springs to San Diego. The dispensary count will continue to grow...
2021-05-03 8:45 AM EDT
Next Green Wave Announces Record Monthly Adjusted EBITDA
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company"), a premium seed-to-shelf craft cannabis producer, is pleased to announce operational and financial updates for the month of March.Financial UpdatesThe Company achieved record US$1.15 million in Adjusted EBITDA* for the month of March with approximately US$1.75 million in revenue. These results reflect a continuation of...
2021-04-06 9:00 AM EDT
Next Green Wave Announces 12 Consecutive Months of Profitability
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company") is pleased to announce the following operational and financial updates:For each individual month between March 2020 to February 2021, the Company operated with positive cash flow, and achieved both positive Adjusted EBITDA* and positive Net Income (the "Milestones"). As a result, It has now achieved these Milestones for 12...
2021-03-01 7:44 AM EST
Next Green Wave Announces US$1,000,000 Monthly Adjusted EBITDA for January
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW'' or the "Company") is pleased to announce the following January 2021 updates:FINANCIAL HIGHLIGHTSThe Company's Adjusted EBITDA* was approximately US$1,000,000 for January 2021, on revenues of approximately US$1,600,000. This after already recording approximately US$1,000,000 Adjusted EBITDA* in both October 2020 and November 2020, click HERE for...
2021-02-01 8:00 AM EST
Next Green Wave Places In Top 50 Performing Companies on OTCQX
Vancouver, British Columbia--(Newsfile Corp. - January 28, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company") NGW is pleased to announce it has been named to the 2021 OTCQX® Best 50, a ranking of top performing companies, across all industries, traded on the OTCQX Best Market in 2020. Next Green Wave was ranked 41st overall and 4th among all public cannabis companies. Of the cannabis companies that made the list, Next...
2021-01-28 9:20 AM EST
Next Green Wave Announces Q4 Results and Corporate Appointments
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company") is pleased to announce the following corporate and financial updates:The Company would like to highlight some Q4 2020 achievements:- Announced its expansion plans to construct a 50,000 square foot premium indoor cultivation facility, adjacent to its current 35,000 square foot facility (Click HERE for the...
2021-01-12 7:44 AM EST
Next Green Wave Finalizes Agreement With COOKIES
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2021) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company") is pleased to confirm it has signed a 2 year supply and production agreement (the "Agreement") with COOKIES. COOKIES is one of the most well-respected, top-selling and premiere cannabis brands in California and throughout the world. COOKIES has 26 total retail stores in operation which includes; 17 retail stores in California, 6...
2021-01-06 7:44 AM EST
Next Green Wave Confirms Expansion Plans
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2020) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company") is pleased to confirm it will immediately move forward with expansion plans for a 50,000 square foot premium indoor cultivation facility ("Facility B") in Coalinga California. Facility B will be located on 2 acres of Company owned land directly adjacent to the current 35,000 square foot cultivation and distribution facility....
2020-12-17 12:00 PM EST
Next Green Wave Appoints Ben Kovacs to Its Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2020) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company") is pleased to confirm the appointment of Ben Kovacs to the Company's Board of Directors. Mr. Kovacs was the former Chief Revenue Officer at NorCal Cannabis, one of the largest vertically integrated indoor producers in California. Mr. Kovacs is also the Chairman of a group of companies in the cannabis hardware space; this...
2020-12-03 7:44 AM EST
Next Green Wave Records Second Consecutive Month of US$1,000,000 Adjusted EBITDA
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2020) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company") is pleased to announce the following operational and financial milestones:- In November 2020, the Company's Adjusted EBITDA* was approximately US$1,000,000. This after already recording approximately US$1,000,000 in October 2020.- The Company surpassed US$1.65 Million of revenues...
2020-12-01 7:44 AM EST
Next Green Wave Records US$1,000,000 Adjusted EBITDA in October 2020
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2020) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) ("Next Green Wave", "NGW" or the "Company") The Company is pleased to confirm the following financial milestones:In October 2020, the Company's Adjusted EBITDA* was approximately US$1,000,000.The Company surpassed US$1.7 Million of revenues in October 2020. The total cash costs incurred to generate October revenue was approximately US$700k*.
2020-11-05 7:44 AM EST