CLS Holdings Announces July Sales of $1.07 Million
CLS Holdings USA, Inc. Common (CLSH)
NASDAQ:AMEX Investor Relations:
recruit-holdings.com/ir
Company Research
Source: GlobeNewswire
Consolidated Record Gross Margin of 51.67%LAS VEGAS, NV, Aug. 13, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- CLS Holdings USA, Inc. (OTCQB: CLSH, CSE: CLSH.CN) (“CLS” or the “Company”), a diversified cannabis company operating as Cannabis Life Sciences, is pleased to report unaudited consolidated revenue of $1.07 million for the month of July 2019. July 2019 Highlights Consolidated revenue of $1.07 million compared to $0.60 million in July 2018, an increase of 91%. Revenue from the Company’s Oasis Cannabis dispensary of $659,172, a 78% increase over July 2018 dispensary revenue of $370,319. A 104% increase in dispensary customers, from 8,173 (250 per day) in July 2018 to 16,674 (550 per day) in July 2019. Revenue from City Trees, the Company's branded products and bulk flower division, of $446,156, a 113% increase over July 2018 City Trees revenue of $209,443. July 2019 consolidated gross margin of 51.67%, up from consolidated gross margin of 33.45% in July 2018. A
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