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:
The 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 throughout the year and does not include the several COOKIES dispensaries, which are expected to have Company products later in 2021.
The Company has released its audited financial statements for the 12 month period ending December 31, 2020 which can now be found on SEDAR.
The Q1 2021 financial statements will be released on or around May 31, 2021, however, key metrics for the last five quarters are reported below.
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In April 2021, the Company secured all conditional use permits from the City of Coalinga (as previously announced on April 6, 2021) allowing it to move forward with obtaining the building permit for its 50,000 sq. ft. premium indoor cultivation facility (“Facility B”) that’s located adjacent to its current cultivation facility.
The updated construction