
CLS Holdings USA, Inc. (OTCQB:CLSH) (CSE:CLSH), a cannabis company which operates as Cannabis Life Sciences, announced the financial and operational results for its Nevada wholly owned subsidiaries for the month of January 2022 with net revenues of $1.75 million and a gross margin of 55%, maintaining the its goal of achieving a greater than 50% gross margin.
Net revenue for the company's wholesale branded division at City Trees continued to rise with monthly net revenue growth of 127% year over year and 191% over 2020.