$CLSH News Out - April 26, 2021 CLS Holdings USA,
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Posted On: 04/26/2021 7:54:21 AM
$CLSH News Out - April 26, 2021 CLS Holdings USA, Inc. Hits the Holiday Hard, Achieves Record 4/20 Sales LAS VEGAS, NV / ACCESSWIRE / April 26, 2021 / CLS Holdings USA, Inc. (OTCQB:CLSH)(CSE:CLSH), the ''Company'' or ''CLS'', a diversified cannabis company operating as Cannabis Life Sciences, today announced its record-breaking retail performance for Tuesday, April 20, 2021. The Company's retail division, Oasis Cannabis Dispensary in Las Vegas, Nevada, achieved its highest-ever day of sales with a total of $96,791 in net revenue from the April 20 "holiday" event.
Oasis Cannabis processed 1,121 transactions through its approximately 1,500 square foot sales floor on April 20, 2021, with an average ticket of US$80.31. Gross margin for the day was 51.9%. "That we achieved this monumental day through a singular retail location is truly remarkable," said Company President and COO Andrew Glashow. "It was our privilege to be able to safely provide a fun, accessible way for Vegas locals to come celebrate our cannabis community's signature holiday. We couldn't be more proud of our team at Oasis."
The dispensary offered in-store and delivery services throughout the day, and resumed curbside services in the evening. While daily promotional pricing at Oasis historically changes at 12:00am, a constant flow of customers lined around the building compelled the store to carry over the day's promotions through closing at 2:30am. Along with these promotions, the store also provided a food truck, live DJs, vendor activations, and hourly giveaways throughout the day to mark the occasion. https://www.clsholdingsinc.com/news-media/pre...d-achieves
Oasis Cannabis processed 1,121 transactions through its approximately 1,500 square foot sales floor on April 20, 2021, with an average ticket of US$80.31. Gross margin for the day was 51.9%. "That we achieved this monumental day through a singular retail location is truly remarkable," said Company President and COO Andrew Glashow. "It was our privilege to be able to safely provide a fun, accessible way for Vegas locals to come celebrate our cannabis community's signature holiday. We couldn't be more proud of our team at Oasis."
The dispensary offered in-store and delivery services throughout the day, and resumed curbside services in the evening. While daily promotional pricing at Oasis historically changes at 12:00am, a constant flow of customers lined around the building compelled the store to carry over the day's promotions through closing at 2:30am. Along with these promotions, the store also provided a food truck, live DJs, vendor activations, and hourly giveaways throughout the day to mark the occasion. https://www.clsholdingsinc.com/news-media/pre...d-achieves
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