As of September 30, 2021, Next Green Wave has fully repaid the last of its outstanding debt, and as a result, the company's only remaining liabilities on its Balance Sheet are trade payables, outstanding tax payments, and accrued liabilities (the "Liabilities").
"Our company's profitability and strong cash position have allowed us to achieve our short-term goal of eliminating all significant debt and possessing one of the cleanest balance sheets in the cannabis industry. Our current asset base and minimal liabilities position NGW to pursue broader and longer-term goals in the future in this competitive and rapidly changing cannabis market. This is just the beginning!"
For more information:
Next Green Wave
VP Corp. Development
Tel: +1 (778) 589-2848