Vertically integrated cannabis company Harvest Health & Recreation Inc. (CSE:HARV) (OTCQX: HRVSF) revealed Tuesday afternoon its total revenue spiked 98%, reaching $231.5 million in 2020.
Total revenue in the fourth quarter amounted to $69.9 million, representing a year-over-year increase of 85%.
The company also said that its net loss in 2020, before non-controlling interest, was $59.6 million. This compares to $168.8 million in the prior year.
The net loss for the fourth quarter was $7.4 million, versus $85.2 million in the last year’s corresponding quarter.
Adjusted EBITDA was positive, however, hitting $15.3 million …