$CLSH 2021 Highlights and 2022 Outlook *Despite t
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Posted On: 02/08/2022 1:35:56 PM
$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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