On December 5, 2019 CLS Holdings (CLSH.C) announced that it has completed the buildout and licensing for phase 1 of its north Las Vegas processing facility.
On November 05, 2019 CLS Holdings (CLSH.C) announced that “In Good Health”, a licensed medical dispensary, will begin the sale of recreational cannabis from its retail location in Brockton, Massachusetts.
On October 9, 2019 CLS Holdings (CLSH.C) reported unaudited consolidated cannabis revenue of $1.0-million for the previous month of September, 2019.
For the second straight month, CLS Holdings USA (CLSH.C) topped USD$1 million in sales. The Las Vegas-based cannabis holding company saw massive growth across all major business lines, from dispensaries to branded products.
Cannabis Life Sciences Holdings (CSE:CLSH.U) is a “diversified cannabis company that acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada” – while lining up opportunities in other states including Massachusetts.
Revenues are quickly becoming the new watermark through which to judge companies in the cannabis space, so Cannabis Life Sciences Holdings (CSE:CLSH.U) is fairly chuffed that their subsidiaries, The Oasis Cannabis dispensary and City Trees, have set a new revenue record of USD$ 1 million in March 2019.
I love it when the market is busy fighting over inflated market caps, because I’m a Moneyball guy. I like value, and while a lot of money has moved toward Canadian cannabis operators in recent years, the size of the market down south is only now starting to become clear.