$CLSH 2021 Highlights and 2022 Outlook: Despite
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Posted On: 02/08/2022 10:33:04 AM
$CLSH 2021 Highlights and 2022 Outlook:
Despite the Nevada cannabis market decelerating in 2021, CLS saw net revenues increase 44% year over year
CLS entered into two important joint ventures, which should transform the Company and add substantial revenue at attractive margins
City Trees achieved a 6.5% brand market share, according to BDS Analytics, with leading market share positions across key categories
For calendar year 2022, we are projecting substantial net revenue growth while maintaining current gross margins and increasing EBITDA
Despite the Nevada cannabis market decelerating in 2021, CLS saw net revenues increase 44% year over year
CLS entered into two important joint ventures, which should transform the Company and add substantial revenue at attractive margins
City Trees achieved a 6.5% brand market share, according to BDS Analytics, with leading market share positions across key categories
For calendar year 2022, we are projecting substantial net revenue growth while maintaining current gross margins and increasing EBITDA
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