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Next Green Wave Announces 12 Consecutive Months of Profitability


Next Green Wave Announces 12 Consecutive Months of Profitability
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 consecutive months.
On February 16, 2021, the Company submitted the full application (the Application ) to the City of Coalinga (the City ), for all required local cannabis licenses on its 50,000 square foot premium indoor facility ( Facility B ). The Company is working with the City to get the Application approved at the next planning commission meeting, scheduled to be held on March 23, 2021, and subsequently the City, which has scheduled a council meeting on April 1, 202 ....

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