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Wednesday, 08/05/2020 8:31:17 AM

Wednesday, August 05, 2020 8:31:17 AM

Post# of 2035
Looks like Las Vegas cannabis sales are up. Another Las Vegas cannabis cultivator just reported that sales for July were up 64% with gross sales of $3.2 million.

Flower One's CEO had this to say about their revenue returning to pre-COVID-19 levels.

"These past several months have been challenging, and Nevada continues to see the impact of COVID-19 on its economy and its residents. Our Company's dedication to servicing the Nevada cannabis market and providing our retail partners with a consistent supply of some of the highest-quality product available, even in unprecedented circumstances, is evident in our July sales numbers. We are pleased to see the recent pace of our sales returning to pre-COVID-19 levels, even without a full recovery of tourism to Nevada," said Ken Villazor, President and Chief Executive Officer of Flower One.

Villazor continued: "Throughout the past few months, Flower One has acutely focused on improving our operational efficiencies and increasing the market penetration of our growing brand portfolio, including premium brands Cookies and 22Red. We've also continued to diversify our revenue base and added 14 new retail accounts since the start of the second quarter for a total of 93 accounts. We look forward to continuing to support our brand and retail partners as the Nevada economy rebounds."

https://www.otcmarkets.com/stock/FLOOF/news/Flower-One-Reports-Strong-Monthly-Sales-for-the-Month-of-July?id=269740

Great news that cannabis sales look to be going back up in Nevada even with tourism just beginning to return. 1933 seems to be well positioned to capture this demand with their upcoming flower harvests. imho glta

Posts are my opinion only, and not advice of any kind. glta