Tuesday, February 06, 2018 12:09:36 PM
Leafbuyer Surpasses January Business Goals with Double Digit Growth
SOURCE: https://www.dailymarijuanaobserver.com/single-post/2018/02/06/LBUY-Leafbuyer-Surpasses-January-Business-Goals-with-Double-Digit-Growth
DENVER--(BUSINESS WIRE)--Leafbuyer Technologies, Inc. (OTC:LBUY) (“Leafbuyer”), a leading cannabis technology platform, announced today that it has exceeded its estimated January revenue goals.
Leafbuyer’s new business numbers grew nearly 30% month-over-month from December 2017. This comes after the company saw sales revenue growth of 25% from October 2017 to November 2017 and strong growth again in December.
As part of an aggressive expansion plan into new legal marijuana markets, the technology company doubled its sales headcount in October and hired a National Sales Director, John Valle. The company added new dispensary and product clients in California, Washington, Oregon, Michigan and Colorado.
Leafbuyer’s Chief Operating Officer, Mark Breen also attributes the momentum to expanded product offerings and the increased brand recognition in new markets. “Our products have expanded in the past few months to recognize market trends in consumer acquisition and loyalty. We are now starting to see the market response,” Breen stated. “We are focused on delivering the highest value through innovative technology solutions and industry leading client support.”
The company’s National Sales Director, John Valle added, “We base all of our products and services around client needs, strong market research and statistical data. By putting our customers first, developing new technology and offering a competitive price point, we are optimistic that we can continue to drive results.”
About Leafbuyer Technologies, Inc.:
Leafbuyer is one of the most comprehensive online sources for cannabis deals and information. Leafbuyer works alongside businesses to showcase their unique products and build a network of loyal patrons. Leafbuyer’s national network of cannabis deals and information reaches millions of consumers monthly. Leafbuyer is the official cannabis deals platform of thecannabist.co(owned by The Denver Post) and Voice Media Group.
Learn more at leafbuyer.com.
Recent LBUY News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/15/2023 11:55:31 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/28/2023 09:19:54 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM