Going Up: CLS Holdings USA, Inc. Announces November Results With Record Breaking Gross Profit Margin

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Dec 14, 2021

LAS VEGAS, NV / ACCESSWIRE / December 14, 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 November 2021 with net revenues of $1.8M and a gross margin of 56%. This represented a significant monthly increase in gross margin of 20% year over year and 66% over 2019 as well as the largest gross margin the Company has ever achieved. The wholesale branded division at City Trees remained hot with monthly net revenue growth of 91% year over year and 132% over 2019.