CLS Holdings Announces September Sales
CLS Holdings USA, Inc. Common (CLSH)
NASDAQ:AMEX Investor Relations:
recruit-holdings.com/ir
Company Research
Source: GlobeNewswire
LAS VEGAS, NV, Oct. 09, 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 unaudited consolidated revenue of $1.0 million for the month of September 2019. September 2019 Highlights Consolidated revenue from Oasis Cannabis and City Trees of $1.0 million compared to $0.7 million in September 2018, an increase of 40.3%. Consolidated gross margin of 49.1% compared to 42.1% in September 2018. Revenue from the Company’s Oasis Cannabis dispensary of $737,692, a 69.0% increase over September 2018 dispensary revenue of $436,634. A 90.8% increase in dispensary customers, from 10,294 (343 per day) in September 2018 to a record 19,637 (654 per day) in September 2019. Revenue per SF of $422 compared to $250 per SF in September 2018, an increase of 69.0%. September 2019 dispensary gross margin of 47.9%, up from 39.5% in September
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