$CLSH Nevada January and February 2022 Financial
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Posted On: 03/15/2022 9:12:11 AM
$CLSH Nevada January and February 2022 Financial and Operational Highlights
BDS Analytics Data for City Trees Sales for January 2022
City Trees Total Retail Sales for January 2022 were $1.05 million versus $340,000 for January 2021, an increase of 195.5%
City Trees Total Units Sold for January 2022 were up 47.8% from the comparable month of the previous year
During January 2022, City Trees Brand Share was 6.3% of the entire cannabis market in the state of Nevada
City Trees ranked as the #2 brand in Total Sales and Total units sold across the entire concentrate category in the state of Nevada during January 2022
City Trees continued to be the #1 Tincture brand in all Nevada during January 2022
CLS' net revenue in February was $1.98 million, an increase of 32% YOY and by 72% from 2020
At 55%, CLS continued to achieve its goal of a greater than 50% gross profit margin in February with Oasis attaining 53% and City Trees achieving 57% gross profit margin
City Trees achieved net revenue of $812k in February an increase 122% YOY
CLS will be holding its first ever quarterly investor call this April
CLS' retail division, Oasis cannabis saw an increase of net revenue of 3.2% YOY and 32% over 2020 while the Nevada cannabis market was down by almost 10% in February 2022
BDS Analytics Data for City Trees Sales for January 2022
City Trees Total Retail Sales for January 2022 were $1.05 million versus $340,000 for January 2021, an increase of 195.5%
City Trees Total Units Sold for January 2022 were up 47.8% from the comparable month of the previous year
During January 2022, City Trees Brand Share was 6.3% of the entire cannabis market in the state of Nevada
City Trees ranked as the #2 brand in Total Sales and Total units sold across the entire concentrate category in the state of Nevada during January 2022
City Trees continued to be the #1 Tincture brand in all Nevada during January 2022
CLS' net revenue in February was $1.98 million, an increase of 32% YOY and by 72% from 2020
At 55%, CLS continued to achieve its goal of a greater than 50% gross profit margin in February with Oasis attaining 53% and City Trees achieving 57% gross profit margin
City Trees achieved net revenue of $812k in February an increase 122% YOY
CLS will be holding its first ever quarterly investor call this April
CLS' retail division, Oasis cannabis saw an increase of net revenue of 3.2% YOY and 32% over 2020 while the Nevada cannabis market was down by almost 10% in February 2022
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