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Tuesday, August 23, 2016 9:07:07 AM
$KAYS.065-MMJ-REVENUE-SOARS-From-the-10Q earnings report- Revenues
We had revenues of $246,001 for the three months ended June 30, 2016, as compared to revenues of $27,493 for the three months ended June 30, 2015 and revenues of $490,658 for the six months ended June 30, 2016, as compared to revenues of $57,832 for the six months ended June 30, 2015. The significant increases in revenues in the 2016 periods from the comparable periods in 2015, reflects revenues from legal recreational marijuana sales, which commenced on October 1, 2015 and revenues generated from our second retail outlet, the Kaya Shack™ Marijuana Superstore which we opened in October 2015, as compared to the operation of only our initial Kaya Shack™ outlet in the first quarter of 2015.
https://www.sec.gov/Archives/edgar/data/1530746/000072174816001610/kays10q082116.htm
We had revenues of $246,001 for the three months ended June 30, 2016, as compared to revenues of $27,493 for the three months ended June 30, 2015 and revenues of $490,658 for the six months ended June 30, 2016, as compared to revenues of $57,832 for the six months ended June 30, 2015. The significant increases in revenues in the 2016 periods from the comparable periods in 2015, reflects revenues from legal recreational marijuana sales, which commenced on October 1, 2015 and revenues generated from our second retail outlet, the Kaya Shack™ Marijuana Superstore which we opened in October 2015, as compared to the operation of only our initial Kaya Shack™ outlet in the first quarter of 2015.
https://www.sec.gov/Archives/edgar/data/1530746/000072174816001610/kays10q082116.htm
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