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 first time we alerted CLSH 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.

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

Heating Up: CLS Holdings USA, Inc. Announces June Results, Increased Margins and Endorsement Deal

LAS VEGAS, NV / ACCESSWIRE / July 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 June 2021 with net revenues of $1.8M and a gross margin of 56.2%. These results represent a 63.1% year-over-year increase in monthly revenue and 8.9% increase in gross margin.

CLS Nevada June 2021 Financial and Operational Highlights

• Retail subsidiary, Oasis Cannabis, achieved a 48.9% increase in monthly net revenue year-over-year, alongside a 36.8% increase in the number of transactions processed.

• Branded wholesale division, City Trees, recorded a 110.7% increase in monthly year-over-year net revenue.

• Combined monthly revenue for both divisions increased by 63.1% over June 2020, and by 88.2% over June 2019.

• CLS continues to improve gross margin with an 8.9% increase compared to June 2020 and a 16.9% increase compared to June 2019.

• Despite the extremely competitive market, the company's results have outpaced the state average.

• The Company announced its limited endorsement of UFC welterweight fighter, Sasha Palatnikov, through its City Trees brand.

 

"This first month of our fiscal year was full of incredible opportunities for our company's growth," noted Company President & COO Andrew Glashow. "Oasis is buzzing with consistent local and tourist traffic, and our City Trees brand has maintained huge year-over-year sales increases each month for the last year. We're optimistic that our successes with City Trees and Oasis will enable us to grow our portfolio of brands significantly over the coming months."

Retail dispensary Oasis Cannabis achieved a 48.9% year-over-year increase in revenue with a 36.8% increase in the number of transactions and 8.8% increase in average ticket total. June results also represented an 86.1% increase in net revenue compared in June 2019. In a foot traffic survey conducted in June 2021, approximately 80% of Oasis customers were reported as local consumers, with 20% of traffic being attributed to out-of-state tourists. These results indicate an approximate 10% increase in the number of tourists visiting the dispensary as compared to June 2020 estimates. The retail storefront continues to be a mainstay among Las Vegas local consumers.

The Company's branded division, City Trees, continued to see monumental growth year-over-year. In June 2021, the division saw a monthly year-over-year revenue increase of 110.7%. In June 2021, the brand also announced its endorsement, to the extent permissible by Nevada law, of UFC welterweight fighter, Sasha Palatnikov, in the wake of the organization loosening its restriction on fighters' use of cannabis products. This endorsement has since been bolstered by the Nevada State Athletic Commission's July decision not to enforce restrictions on cannabis use by fighters. As market interest continues to increase for both the City Trees brand and the toll-processing capabilities of the Company's North Las Vegas extraction and conversion facility, CLS is continuing to pave the way for its future growth and execution of its business plan.

https://finance.yahoo.com/news/heating-cls-holdings-usa-inc-100000372.html


CLSH also recently announced blowout financial results for May, check it out...

CLS Holdings USA, Inc. Achieves Substantial Year-Over-Year Results for May 2021

LAS VEGAS, NV / ACCESSWIRE / June 15, 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 May 2021 with net revenues of $1.9M and a gross margin of 53.6%. These results represent a 87.7% year-over-year increase in revenue and 8.7% increase in gross margin. The Company also began production of City Trees products in New Mexico through its partnership with local producer, Herbal Edibles, in the month of May.

CLS Nevada May 2021 Financial and Operational Highlights

• Retail subsidiary, Oasis Cannabis, achieved a 59.41% increase in monthly net revenue year-over-year, alongside a 59.9% increase in the number of transactions processed. Gross margin for the dispensary was 50.4%.

• Branded wholesale division, City Trees, recorded a 231.6% increase in year-over-year net revenue and a gross margin of 61.5% for May 2021.

• Combined revenue for both divisions increased by 87.% over May 2020, and by 91.8% over May 2019.

• Production of the Company's best-selling tincture products began in New Mexico through its collaborative partnership with Albuquerque-based Herbal Edibles Inc.

• On May 11, 2021, the Company presented at the Canaccord Genuity 2021 Virtual Cannabis conference.

• On May 17, 2021, the Company announced its availability for trading on Canadian investment management platform, WealthSimple.

Year-over-year revenue increases for May 2021 at Oasis were driven largely by a substantial increase in order volume. The dispensary processed 22,576 transactions in the month of May 2021 - a 59.9% increase over May 2020. As operating restrictions due to COVID-19 were steadily loosened throughout the month, the dispensary has been able to expand in-store capacity while continuing to heavily promote delivery, curbside, and in-store pick up services. Average tickets at the dispensary also rose by 1% in May 2021, year-over-year, and by 39.3% over May 2019. Oasis expects to see continued growth through the summer in tandem with a drastic increase in tourism to Las Vegas and even more operating restrictions lifted in June 2021.

"We did a tremendous job of establishing ourselves with the local community through 2020, and now that Las Vegas is expecting to see record tourism growth, our ceiling just keeps getting higher," noted Company President and COO Andrew Glashow. "We've seen what City Trees and Oasis can do when faced with immense challenges - now that we're becoming less restricted in our operations, we'll find out what we can truly accomplish through the remainder of 2021."

At the Company's production division, City Trees, monthly revenue for May 2021 increased by 231.6% year-over-year, and by 80.6% over May 2019. Gross margin for this division was 61.5%. In May 2021, the Company also announced the brand's expansion into New Mexico's medical cannabis market with its award-winning agave-based tinctures, which currently hold the #1 position in the tincture category in Nevada. Production of these products in New Mexico began with partner company, Herbal Edibles Inc., in May 2021. The brand anticipates continued growth in coming months, with multiple new product releases scheduled for the first fiscal quarter of 2021 and new licensing agreements expected to materialize later this year.

Read in full at https://finance.yahoo.com/news/cls-holdings-usa-inc-achieves-120000213.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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