Generation Hemp, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 17, 2021 at 04:05 pm EDT
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Generation Hemp, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 67,110 compared to USD 22,500 a year ago. Operating loss was USD 1.577 million compared to USD 656,251 a year ago. Net loss was USD 1.836 million compared to USD 712,566 a year ago. Basic loss per share was USD 0.07 compared to USD 0.04 a year ago.
Evergreen Sustainable Enterprises, Inc. is a sustainable green energy company. The Company, through its wholly owned subsidiaries, has operations in both the bitcoin mining industry and the hemp industry. Through its bitcoin mining projects, it sources stranded energy in rural areas for bitcoin mining installations. In addition to its hydroelectric powered bitcoin operations in Costa Rica, the Company is in development on several bitcoin mining arrays in rural or remote United States locations. It has two bitcoin mining arrays in development in Arkansas, an eight-megawatt array in south central Arkansas. It also has three bitcoin mining arrays located in Kentucky, a five-megawatt array in Carter County and two additional sites in various stages of development in Greenup County. Its hemp processing operations provide post-harvest and midstream services to growers by drying, processing, cleaning, stripping harvested hemp directly from the field.
EVERGREEN SUSTAINABLE ENTERPRISES, INC. 
