CLS Holdings USA, Inc. (CSE: CLSH, OTCQB: CLSH, Forum) on Tuesday released the financial and operational results for its Nevada wholly owned subsidiaries for the month of February 2021 with net revenues of 1.49M and a Gross Margin of 50%. The Company saw significant developments throughout the month of February, including the sell-in of new branded products from City Trees, increased year-over-year wholesale revenue, and substantially higher average ticket totals at Oasis Cannabis compared to February 2020. As economic activity begins to resume in Las Vegas, the Company anticipates continued strong growth.
To find out more about this news, click
here.
Operating as Cannabis Life Sciences, the Company acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada and plans to expand to other states. CLS recently
saw continued growth of operations at its North Las Vegas extraction facility.
FULL DISCLOSURE: CLS Holdings USA, Inc. is a client of Stockhouse Publishing.