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That’s reason for optimism. They’re responding and still working the ambassador program.
“So you’re saying there’s a chance”
BTC on the upswing, will BTSC follow?
BTC long futures looking very optimistic
https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures/data?marketId=6137543
Are shares actually changing hands here?
Has anyone attempted a trade?
POTN owns the brands.
Clearly the same person
When bitcoin goes, so will this
BAKKT bitcoin monthly futures volume has been soaring up this week. Institutional interest in BTC is increasing. Definitely a good sign.
Anyone going to post today’s PR regarding Q3 revenues?
With recent news, you’d think trade volume would be higher and pps would be moving up.
Promising action today?
1mill shares for $100
Seems tempting but I'm not even optimistic enough to throw down just $100. Is there any reason to do it?
Is there a timeline for the acquisition?
No....he’s been known to kill a rally.
Are we seeing the beginning of a green breakout?
Monday could be a good day!
Looking forward to Monday!
Tracking BTC here...
At some point the pps catches up to the positive news, right?
So why isn't this board more active and the pps goin up?
That's some quality growth numbers....
LAS VEGAS, NV, Oct. 09, 2019 (GLOBE NEWSWIRE) -- via
NEWMEDIAWIRE -- CLS Holdings USA, Inc. (OTCQB: CLSH, CSE: CLSH) (“CLS” or the ''Company''), a diversified cannabis company operating as Cannabis Life Sciences, is pleased to report unaudited consolidated revenue of $1.0 million for the month of September 2019.
September 2019 Highlights
Consolidated revenue from Oasis Cannabis and City Trees of $1.0 million compared to $0.7 million in September 2018, an increase of 40.3%. Consolidated gross margin of 49.1% compared to 42.1% in September 2018.
Revenue from the Company’s Oasis Cannabis dispensary of $737,692, a 69.0% increase over September 2018 dispensary revenue of $436,634.
A 90.8% increase in dispensary customers, from 10,294 (343 per day) in September 2018 to a record 19,637 (654 per day) in September 2019.
Revenue per SF of $422 compared to $250 per SF in September 2018, an increase of 69.0%.
September 2019 dispensary gross margin of 47.9%, up from 39.5% in September 2018.
Revenue from City Trees, the Company's branded products and bulk flower division, of $340,529, a 23.2% increase over September 2018 City Trees revenue of $276,335.
September 2019 City Trees gross margin of 52.4%, up from 46.2% in September 2018.
That would require actual revenue. Buy back not happening any time soon
Has there been any updates on the different cryptos INTV is mining and in what quantities or what ratios?
With that math BTC should have been $2million per coin when INTV was at $6pps
Clearly it’s not a 1:1 relationship
For fun:
If BTC hit $1million like McAfee predicts, what would INTV get to?
$100 pps? More?
This is a good thing right?
https://finance.yahoo.com/news/cls-holdings-usa-inc-announces-100000375.html
Actually.....a good day. Can we sustain some momentum?
More positive news and we go red.
LAS VEGAS, NV, Sept. 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- CLS Holdings USA, Inc. (OTCQB: CLSH, CSE: CLSH) (“CLS” or the ''Company''), a diversified cannabis company operating as Cannabis Life Sciences, is pleased to report record unaudited consolidated revenue of $1.16 million for the month of August 2019.
August 2019 Highlights
Record consolidated revenue of $1.16million compared to $0.66million in August 2018, an increase of 77.1%.
Broken down as follow:
Record revenue from the Company’s Oasis Cannabis dispensary of $746,174, an 84.1% increase over August 2018 dispensary revenue of $405,357.
A 109.9% increase in dispensary customers, from 9,165 (average of 296 per day) in August 2018 to a record 19,235 (average of 620 per day) in August 2019.
Revenue per SF of $426 compared to $232 per SF in August 2018, an increase of 84.1%.
August 2019 dispensary gross margin of 50.64%, up from 36.67% in August 2018.
Revenue from City Trees, the Company's branded products and bulk flower division, of $417,908, a 65.8% increase over August 2018 City Trees revenue of $252,134.
August 2019 City Trees gross margin of 50.52%, up from 30.92% in August 2018.
August 2019 consolidated gross margin of 50.61%, up from August 2018 consolidated gross margin of 34.25%.
According to Andrew Glashow, President and COO of CLS Holdings, "As the Nevada cannabis market continues to mature, we are seeing record results month over month. We have spent tireless hours to get to this point optimizing our two primary assets, Oasis Cannabis Dispensary and City Trees. While the market normally slows over the summer our growth has continued. As a result of the record number of dispensary customers in August, we have started modifying the layout of the dispensary to increase the available retail square footage from 1,650 sf to approximately 2,000 sf. The dispensary expansion, which will be funded entirely out of cash flow from operations, is anticipated to be completed by the first week of November.”
If BTC keeps grinding up overnight, Tuesday could be interesting after three days of no trading
No one is watching this ticker.
More good news and no volume
LAS VEGAS, NV, Aug. 29, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- CLS Holdings USA, Inc. (OTCQB: CLSH, CSE: CLSH.CN) (“CLS” or the ''Company''), a diversified cannabis company operating as Cannabis Life Sciences, is pleased to report its consolidated financial results for the fourth quarter and fiscal year ended May 31, 2019.
? Completed the acquisition of Oasis Cannabis (“Oasis”) in Las Vegas, Nevada, a fully integrated cannabis operation.
? Consolidated fourth quarter and annual revenue of $2.9 million and $8.5 million, respectively.
? Acquisition of Massachusetts dispensary, In Good Health, anticipated to close in Q1 of calendar 2020.
? Launch of the Company's proprietary extraction and conversion processing facility expected in Q1 of calendar 2020.
Chairman Note
“Since the acquisition of our Oasis Cannabis dispensary in June 2018, we have been incredibly focused on improving its operations, which efforts we believe are starting to pay off,” commented Mr. Jeff Binder, Chairman and CEO. “For fiscal 2019, we achieved record annual revenue of $8.5 million, more than one third of which stemmed from the fourth quarter. In addition to the acquisition of Oasis, 2019 was full of successes, including Oasis’ grand reopening, locking up the planned acquisition of In Good Health, and the expansion of City Trees, our branded products and bulk flower division. Significantly, we were awarded a non-provisional, US utility patent for our leading-edge cannabidiol extraction and conversion process. We are excited about the potential competitive advantage and additional revenue streams that this technology is expected to represent.”
Financial Highlights
? Q4 2019 consolidated revenue of $2.9 million, an increase of $0.6 million or 23.5% over Q3 2019.
? Fiscal year 2019 consolidated revenue of $8.5 million, including $5.5 million from Oasis and $3.0 million from City Trees.
? As of May 31, 2019, total assets were $46.5 million, including cash and cash equivalents of $10.5 million. Total debt was $18.5 million.
Operational Highlights
? In June 2018, CLS Holdings completed the acquisition of Oasis, a fully integrated cannabis operation located in Las Vegas, Nevada. In April 2019, the Company celebrated Oasis’ grand reopening following a complete redesign of the dispensary resulting in a modern facility which is more inviting and vibrant and offers a superior customer experience. Since reopening, Oasis has reported record revenue, and revenue per square foot now exceeds $420. As a result of Oasis’ success, the Company intends to prototype the Oasis dispensary as its model and benchmark for future dispensary renovations and openings.
? City Trees, the Company’s branded products and bulk flower division, experienced significant growth across the board. For fiscal year 2019, City Trees reported record annual revenue of $3.0 million. City Trees is available in more than 70% of dispensaries throughout Nevada, which penetration is expected to increase as the Company continues to augment its innovative product offerings.
? In January 2019, the Company entered into an option agreement to acquire In Good Health. In Good Health, a licensed medical dispensary located in Brockton, Massachusetts, has been operational since September 2015 and is the second of 38 licensed dispensaries in Massachusetts, a market which legalized recreational retail sales on November 20, 2018. Under the terms of the agreement, the Company advanced $5.0 million to In Good Health and has been working closely with its CEO, David Noble, to implement its business plan in anticipation of closing. In June 2019, In Good Health entered into a Host Community Agreement with the Town of Sandwich for a second dispensary in Massachusetts. Management expects to complete this acquisition in January 2020, subject to receipt of financing.
If Trump keeps sabotaging the global economy like he did today, BTC should hit a million by New Years
It's going to need a major catalyst to get this thing going
Health and Human Services
Not Homeland
In Q1 2019 they reported $20m in revenue
https://quotes.wsj.com/MJNA/financials/quarter/income-statement
They just reported Q2 2019 revenue as.....$20m
So maybe it's you that missed the greater than/less than lesson.
In Q1 2019 they reported $20m in revenue
https://quotes.wsj.com/MJNA/financials/quarter/income-statement
They just reported Q2 2019 revenue as.....$20m
So maybe it's you that missed the greater than/less than lesson.
If they really only do $80-$85 million in revenue for 2019 that would mean zero sales growth throughout the year.
Didn't they have $20million in revenue for Q1?
And now $20m for Q2
With even moderate revenue growth they should be over $100m for 2019.
SAN DIEGO, Aug. 12, 2019 (GLOBE NEWSWIRE) -- Medical Marijuana, Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands and supply chain, today announced that the Company will file its second quarter financial and operational results on August 14 and will host an investor conference call at 4:30 PM ET on Thursday, Aug. 15, to discuss earnings for the quarter ending June 30, 2019.
That’s the conference call. The PR with financials was going to be put out today
We're still expecting financials today, right?