CLS Holdings Announces Record August Sales
CLS Holdings USA, Inc. Common (CLSH)
NASDAQ:AMEX Investor Relations:
recruit-holdings.com/ir
Company Research
Source: GlobeNewswire
LAS VEGAS, NV, Sept. 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- CLS Holdings USA, Inc. (OTCQB: CLSH, CSE: CLSH) (“CLS” or the ''Company''), a diversified cannabis company operating as Cannabis Life Sciences, is pleased to report record unaudited consolidated revenue of $1.16 million for the month of August 2019. August 2019 Highlights Record consolidated revenue of $1.16million compared to $0.66million in August 2018, an increase of 77.1%. Broken down as follow: Record revenue from the Company’s Oasis Cannabis dispensary of $746,174, an 84.1% increase over August 2018 dispensary revenue of $405,357. A 109.9% increase in dispensary customers, from 9,165 (average of 296 per day) in August 2018 to a record 19,235 (average of 620 per day) in August 2019. Revenue per SF of $426 compared to $232 per SF in August 2018, an increase of 84.1%. August 2019 dispensary gross margin of 50.64%, up from 36.67% in August 2018. Revenue from City Trees, the Company's branded prod
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