Subscribers,

Get ready for an exciting day ahead. We have a hot breakout chart to trade this week.

The name you need to get on your screen right away is CLS Holdings, Inc (CLSH).

The Company released huge news this morning that you must see.

CLS Holdings USA, Inc. Reports Record March Financial Results As Nevada Tourism Begins Recovery

LAS VEGAS, NV / ACCESSWIRE / April 13, 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 March 2021 with net revenues of over $2M for the first time in the Company's history, and a Gross Margin of 48%. These results represent the highest single-month revenue total to date, with marked increases in revenue at both the retail and wholesale level. This total represents a 92% increase in revenue over March 2020, and an 89.4% increase in revenue over March 2019. The Company achieved this historic increase in net revenue while also improving Gross Margin, which was 45% for March 2020 and 37% for March 2019.

CLS Nevada March 2021 Financial and Operational Highlights

• Retail subsidiary, Oasis Cannabis, achieved a 100.3% increase in net revenue year-over-year, alongside a 51.2% increase in the number of transactions and a 31.2% increase in average order size.

• Branded wholesale division, City Trees, recorded a 70.5% increase in year-over-year net revenue and its highest volume of wholesale orders to date.

• The number of orders placed through City Trees increased by 150% compared to March 2020.

 

The Company's Nevada retail and wholesale subsidiaries both achieved their highest revenue month to date in March 2021. At the Company's dispensary, Oasis Cannabis, net revenue increased by more than 100% year over year. While the economic effects of COVID-19 impacted the Company more directly in March 2020, and contributed to notably lower revenue for the month, results in March 2021 outpaced the store's trajectory without this factor. This achievement was driven by a 51.2% increase in the number of transactions processed and a 31.2% increase in average order size as new modes of service introduced in 2020, including curbside and expanded delivery, became more efficient. Construction also began on a new express in-store pickup window, slated to become fully operational in April to increase the flow of traffic through the dispensary. Oasis achieved both its highest and second highest total sales days in March, reaching over $90,358 and $90,215 respectively.

"Vegas is beginning to feel like Vegas again," noted Company President and COO Andrew Glashow. "We are still operating under many of the constraints mandated last year, but our team has become more efficient with these processes, allowing us to dramatically increase revenue in spite of these restrictions. Seeing that we can perform at this level given these limitations leaves us beyond excited to see what we can accomplish when we're able to return to 24 hour service and higher in-store capacity. Our team has a lot to be proud of."

In its advertising for the dispensary, Oasis has begun releasing a series of employee features, including new billboard designs, social media highlights, interviews with team members featured on the store's website, and a series of videos. This campaign, encompassed by the message ‘Real People, Real Cannabis', was created to show genuine appreciation for the Company's dedicated team members who persevered through the previous year of challenges. Interested parties can watch this video series by clicking the link here.

At the Company's wholesale division, City Trees, the brand also achieved its highest revenue month, with a 150% increase in the number of orders compared to March 2020, and a 23.2% increase in orders over February 2021. The total revenue for the brand in March 2021 was $502,140. Not included in the brand's March revenue was a backlog of additional orders to be delivered in April driven by rapidly increasing demand for the brand's products. With five new product formulations introduced in February, retail sell-through of these products has increased. Along with new products in its vape line, City Trees released a new limited edition live resin concentrate, Glow, to mark Earth Hour - an annual event created to drive awareness of environmental issues facing the planet. In total, Oasis Cannabis sold 3,664 units of City Trees live resin concentrate in March, beating the dispensary's previous record number of live resin concentrate sold in one month by 56.6%. As Las Vegas begins to return to pre-pandemic levels of tourism and activity, the Company is confident that its foothold among local consumers with its brands and retail platform will maintain these high levels of performance going forward.

Read in full at https://finance.yahoo.com/news/cls-holdings-usa-inc-reports-120000637.html


CLSH is no stranger to some of you. We first alerted it back in December last year before it went on a massive 135% run higher. And I know from feedback that many of you banked.

But now CLSH is showing signs that it could be about to breakout once again.

As you can see in the chart below, CLSH pulled back almost 80% from its recent highs and it has just started to bounce higher in recent days.

We think it could be headed back to its recent high of almost $0.40 - that's 80% upside from here.



And given the recent news from the Company, it could go even higher!!!

Recently CLSH announced a blowout financial results, check it out...

CLS Holdings USA, Inc. Reports Highest February Results in Company History, Growing Retail and Wholesale Revenue

LAS VEGAS, NV / ACCESSWIRE / March 9, 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 February 2021 with net revenues of 1.49M and a Gross Margin of 50%. The Company saw significant developments throughout the month of February, including the sell-in of new branded products from City Trees, increased year-over-year wholesale revenue, and substantially higher average ticket totals at Oasis Cannabis compared to February 2020. As economic activity begins to resume in Las Vegas, the Company anticipates continued strong growth.

CLS Nevada February 2021 Financial and Operational Highlights

• City Trees successfully released its new range of vape products in February 2021 with over 11,700 units of the new products sold.

• Net revenue increased by 29.8% over February 2020, and by 60.9% over February 2019.

• Gross margin for February 2021 was 50%, maintaining the Company's goal of 50% or higher.

• The average ticket total at Oasis Cannabis, the Company's retail division, grew by 46.1% from February 2020 to February 2021.

The Company saw net revenue growth at both its retail division, Oasis Cannabis, and wholesale division, City Trees. Oasis' revenue grew by 27.7% over February 2020, driven by a 46.1% increase in the average order size. In February 2020, the average order at Oasis was $36.94, and rose to $53.95 in February 2021. Oasis Cannabis General Manager, Lissa Lawatsch noted that "While 2020 was difficult for Las Vegas, lower tourism encouraged locals to patronize the shops that served them specifically. Especially after the holidays, we knew we wanted to provide accessibly priced products to our community. This is what we've always done, and it has continued to serve us well through these first months of 2021".

Throughout the month of February, Oasis also continued to support the local community with promotions for frontline healthcare workers and significant discounts on in-demand items.

Along with this increase in retail revenue at Oasis, City Trees' revenue from third party sales increased by 51.39% year-over-year, from $240,941.19 in February 2020 to $364,764.69 in February 2021. These increases were driven by continually growing interest in the brand's expanding product catalog, including the addition of 5 new distillate oil blends available in a variety of formats. The Company's toll processing division, Trichome Harvest Company, also completed several transactions for notable extraction brands with multi-state operations. Andrew Glashow, President & COO of CLS noted, "With the addition of this division, expanding product catalog from City Trees, and continued growth of Oasis Cannabis, CLS has seen growing interest in its operations and continues to share its philosophy across various industry channels". Most recently, the Company presented its operational highlights at the Emerging Growth virtual conference on February 17. The Company plans to continue sharing its ethos within the industry and explore further relationships to utilize its extraction facility and capacity for expansion.

Read in full at https://finance.yahoo.com/news/cls-holdings-usa-inc-reports-100000892.html

About CLS Holdings USA, Inc.

CLS Holdings USA, Inc. (CLSH) is a diversified cannabis company that acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada and plans to expand to other states. CLS stands for "Cannabis Life Sciences," in recognition of the Company's patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The Company's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services. https://www.clsholdingsinc.com/

So, get CLSH on your trading screen immediately. We are expecting fireworks this week and we don't want you to miss out.



All the best.

SmallCapMomo.com

picks@smallcapmomo.com

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