CLS Holdings USA Inc (CLSH)

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https://www.otcmarkets.com/stock/CLSH/news/CLS-Holdings-USA-Incs-Nevada-Subsidiaries-Set-New-Record-for-Monthly-Revenue-Exceeding-USD-10000000?id=223318

CLS Holdings USA Inc.’s Nevada Subsidiaries Set New Record for Monthly Revenue, Exceeding USD $1,000,00.00 Press Release | 04/01/2019

LAS VEGAS, NV, April 01, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- The Oasis Cannabis dispensary in Las Vegas, Nevada, and the City Trees brand, both of which are fully owned and operated by CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE: CLSH.U), have set a new record for the most revenue in a single month, with total combined net revenue in Nevada exceeding USD $1 Million in March, 2019.

The Oasis Cannabis dispensary set a new monthly record, with over USD $560K in net sales revenue. Net sales exclude Nevada state marijuana and sales tax collected from customers. The Oasis Cannabis dispensary is one of the top dispensaries in the state, processing approximately 400 orders per day.

City Trees also set a new monthly record, recording USD $453K in total wholesale revenue from sales to third party dispensaries in Nevada. City Trees products are now available in 40 dispensaries in Nevada and counting.

Andrew Glashow, President & COO, stated, “In the past 90 days we’ve made a number of positive changes. These changes have resulted in increased revenue, increased margin, consistent growth of daily customer traffic and an organization that is currently executing at a high level. I am really proud of the effort all our team members make on a daily basis. In the weeks ahead we look forward to providing additional information including the results of our quarter ended February 28 2019.”