Schwazze (SHWZ) Q1 Revenues Rise 64%

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Go back to Schwazze (SHWZ) Q1 Revenues Rise 64%

SCHWAZZE ANNOUNCES FIRST QUARTER RESULTS

May 16, 2022 4:30 PM EDT

Revenue Increases 64% to $31.8 Million Compared to $19.3 Million in Q1 2021

Adjusted EBITDA is $7.9 Million, 25% of Revenue

14 Dispensaries Added During Q1 2022 in Colorado and New Mexico

On Track to Achieve GuidanceQ4 2022 Projected Revenue Annualized Run Rate of Approximately $220 Million - $260 MillionQ4 2022 Projected Adjusted EBITDA Annualized Run Rate of Approximately $70 Million - $82 Million

Conference Call & Webcast Scheduled for Today 4:30 pm EDT

DENVER, May 16, 2022 /PRNewswire/ - Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"),... More