Going Up: CLS Holdings USA, Inc. Announces January Results with Continued Success

Author's Avatar
Feb 15, 2022

LAS VEGAS, NV / ACCESSWIRE / February 15, 2022 / 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 January 2022 with net revenues of $1.75M and a gross margin of 55%, maintaining the Company's 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.