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Cannabis Player EnWave's Earnings Hurt by Pandemic, but Not Too Badly

Jun 01, 2020 - Nasdaq

EnWave (TSXV: ENW)   (OTC: NWVCF)  reported fiscal second-quarter 2020 results on Friday, May 29, before the market open. The cannabis player's revenue declined 15% year over year, driven by the fallout from the COVID-19 pandemic. It posted a loss per share of 0.02 Canadian, whereas it broke even in the year-ago period. The company's NutraDried segment, based in Washington state, makes all-natural dried cheese snacks. Its Canada-based EnWave segment licenses, manufactures, and installs equip...