Still Rolling Strong: CLS Holdings USA, Inc. Announces July Results with Substantial Year-Over-Year Revenue Growth – StreetInsider.com

Still Rolling Strong: CLS Holdings USA, Inc. Announces July Results with Substantial Year-Over-Year Revenue Growth

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August 17, 2021 6:01 AM EDT
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LAS VEGAS, NV / ACCESSWIRE / August 17, 2021 / CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE: CLSH), the ”Company” or ”CLS”, a diversified cannabis company operating as Cannabis Life Sciences, today announced the financial and operational results for its Nevada wholly owned subsidiaries for the month of July 2021 with net revenues of $1.9M and a gross margin of 50.4%. These results represent a 40.9% year-over-year increase in monthly revenue, and a 104.1% increase in revenue when compared to July 2019.

CLS Nevada July 2021 Financial and Operational Highlights

July 2021 net revenue increased by 40.9% year-over-year, and by 104.1% over July 2019. The Company met its gross margin goals, achieving 50.4% for the month,

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