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Bullboard - Stock Discussion Forum Next Green Wave Holdings Inc. NXGWF

Next Green Wave Holdings Inc through its wholly-owned subsidiaries, is a cannabis cultivator and producer. The firm is licensed for medical and recreational marijuana cultivation and production in the State of California. The company's facilities are used for cannabis cultivation as well as the processing, production, and packaging of dry flowers, cannabis oils, and concentrate. Its brand... see more

OTCQX:NXGWF - Post Discussion

Next Green Wave Holdings Inc. > seems like an over-reaction …
View:
Post by CaptainZee on Aug 31, 2021 5:41pm

seems like an over-reaction …

I get that this last quarter was disappointing, but all companies run into obstacles. With their performance prior to this quarter, I think they will pivot and adapt. I boight in at around $0.26 a long time ago, and there werr ups and downs then as well. Of course if I had a crystal ball would have sold in the 70s and bought back, but them's the breaks
Comment by Moogul on Aug 31, 2021 6:11pm
They're gonna have some tough y/y comparables coming up if they can't get their revs and margins back to q1 2021 or q4 2020 levels. At a minimum they need to get back to positive earnings and maybe they do next qtr but yeeesh that was an ugly quarter and some ~650k loss. Then combined with the announced construction delay and it was going to be an aweful day. Glta 
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