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Re: H4nS0n post# 13127

Tuesday, 06/29/2021 3:20:55 PM

Tuesday, June 29, 2021 3:20:55 PM

Post# of 17751
Agreed. Also some important points to keep in mind >>

- Retail subsidiary, Oasis Cannabis, achieved a 59.41% increase in monthly net revenue year-over-year, alongside a 59.9% increase in the number of transactions processed. Gross margin for the dispensary was 50.4%.

- Branded wholesale division, City Trees, recorded a 231.6% increase in year-over-year net revenue and a gross margin of 61.5% for May 2021.

- Combined revenue for both divisions increased by 87.% over May 2020, and by 91.8% over May 2019.

- Production of the Company's best-selling tincture products began in New Mexico through its collaborative partnership with Albuquerque-based Herbal Edibles Inc.

- On May 17, 2021, the Company announced its availability for trading on Canadian investment management platform, WealthSimple https://www.wealthsimple.com/en-ca/.

#cannabis #marijuana #CBD
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