Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Jelena Martinovic

Cannabis Life Sciences Touts Strong Financial Results From Nevada Operations, $1.75M In Revenues In January

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.