Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on
Wednesday released its financial results for the third quarter ended March 31,
2019. Per the update, the company’s quarterly revenue at its Nevada cannabis
operations grew to $5.1 million, and its total revenue, including both MSO and
CBD operations, was $5.6 million. “This quarter we executed our strategy with
speed and agility. We made great progress towards establishing our leadership
in the industry, by setting new standards for consumer experiences and
product,” Green Growth Brands CEO Peter Horvath said in the news release. “We
launched Seventh Sense, began our unprecedented big-bang expansion into
hundreds of prime mall-based CBD shops, and grew performance at our premier
dispensary, The+Source Las Vegas, through implementing margin accretive retail
practices.”
To view the full press release, visit http://ibn.fm/7KlZc
About Green Growth Brands
Green Growth Brands creates remarkable experiences in
cannabis and CBD. Led by CEO Peter Horvath and a leadership team of
consumer-focused retail experts, the company’s brands include CAMP, Seventh
Sense Botanical Therapy, The+Source, Green Lily, Meri + Jayne, and has a
licensing agreement with the Greg Norman Brand. Already boasting strong sales
in the cannabis industry, GGB is expanding its cannabis operations throughout
the U.S., its CBD presence at ShopSeventhSense.com, in malls across the country
and at DSW shoe stores—and that’s just the beginning. For more information,
visit the company’s website at www.GreenGrowthBrands.com.
NOTE TO INVESTORS: The latest news and updates
relating to GGBXF are available in the company’s newsroom at http://ibn.fm/GGBXF
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