$CLSH October 2019 Financial Highlights: * Cons
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Posted On: 11/15/2019 8:50:01 AM
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CLSH
October 2019 Financial Highlights:
* Consolidated revenue from Oasis Cannabis and City Trees of $1.025 million compared to $0.8 million in October 2018, an increase of 34.7%. Consolidated gross margin of 50.3% compared to 42.4% in October 2018.
* Record revenue from the Company’s Oasis Cannabis dispensary of $776,791, a 61.2% increase over October2018 dispensary revenue of $481,817.
* A 95.2% increase in dispensary customers, from 10,728 (346 per day average) in October 2018 to a record 20,940 (675 per day average) in October 2019.
* Record revenue per SF of $444 compared to $275 per SF in October 2018, an increase of 61.2%.
* Record October 2019 dispensary gross margin of 52.3%, up from 41.6% in October 2018.
* Revenue from City Trees, the Company's branded products and bulk flower division, of $248,854, an 11.0% decrease over October 2018 City Trees revenue of $279,703.
* October 2019 City Trees gross margin of 44.3%, up from 43.7% in October 2018.
https://www.globenewswire.com/Search/NewsSearch?keyword=clsh
* Consolidated revenue from Oasis Cannabis and City Trees of $1.025 million compared to $0.8 million in October 2018, an increase of 34.7%. Consolidated gross margin of 50.3% compared to 42.4% in October 2018.
* Record revenue from the Company’s Oasis Cannabis dispensary of $776,791, a 61.2% increase over October2018 dispensary revenue of $481,817.
* A 95.2% increase in dispensary customers, from 10,728 (346 per day average) in October 2018 to a record 20,940 (675 per day average) in October 2019.
* Record revenue per SF of $444 compared to $275 per SF in October 2018, an increase of 61.2%.
* Record October 2019 dispensary gross margin of 52.3%, up from 41.6% in October 2018.
* Revenue from City Trees, the Company's branded products and bulk flower division, of $248,854, an 11.0% decrease over October 2018 City Trees revenue of $279,703.
* October 2019 City Trees gross margin of 44.3%, up from 43.7% in October 2018.
https://www.globenewswire.com/Search/NewsSearch?keyword=clsh
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1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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