CLS Holdings USA Inc (CLSH)

[pennystockbrad]

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.