LAS VEGAS, NV / ACCESSWIRE / May 18, 2021 / CLS Holdings USA, Inc. (OTCQB:CLSH)(CSE:CLSH), the ”Company” or ”CLS”, a diversified cannabis company operating as Cannabis Life Sciences, today announced updated category performance metrics for its manufacturing division, City Trees, along with details of its growing production capacity. In recently reported data from BDS Analytics, the brand’s cannabis vape and concentrate products saw substantial year-over-year growth in both dollar and unit sales for the first quarter of 2021.
The most recent data published by BDS Analytics, a leading provider of retail metrics for the cannabis industry, shows that City Trees vape products maintained the #7 highest selling vape brand in Nevada by dollars sold, and #6 by units sold in the first quarter of 2021. While overall ranking remained similar year-over-year for this period, retail sales of City Trees vape products increased by 48.25% with a 136% increase in the number of units sold. City Trees is the first company listed among best-selling vape brands to operate exclusively in the state of Nevada for the reporting period.
City Trees vape product retail sales category mix Q1 2021
The brand has also significantly grown its market share in the “dabbable concentrates” category. City Trees has primarily focused on producing high quality live resin products, and has seen the most substantial growth in this subcategory, rapidly rising to become the #10 best selling live resin concentrate brand in Nevada for the first quarter of 2021, driven by an 895% increase in retail dollars sold year-over-year. The brand maintained its position as the #1 selling tincture producer statewide.
City Trees ‘live resin dabbable concentrate’ retail performance Q1 2021
These advances in category performance, driven by consumer demand, have led to substantial increases in production at the Company’s extraction and conversion facility