Aurora Cannabis and Tilray's Technology Provider's Q4 Revenue Soars 120%
Last week, EnWave (TSXV: ENW) (OTC: NWVCF) reported fourth-quarter and full-year results for fiscal 2019. For the quarter, the cannabis player's revenue soared 120% year over year. It broke even on the bottom line, just as it did in the year-ago period.
The Canada-based company makes all-natural dried cheese snacks, and it licenses, manufactures, and installs equipment for dehydrating organic materials, including food, pharmaceuticals, and cannabis -- both marijuana and hemp.
EnWave shares on Canada's TSX Venture Exchange (TSX) have gained 26.8% over the last year, through Dec. 13, while shares traded over the counter (OTC) in the United States are up 28.4%. These results outpace the S&P 500's 22% return over this period.
Source Fool.com
