Leafbuyer Technologies, Inc. Announces Record Sales Growth
January 31, 2019
DENVER–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24LBUY&src=ctag” target=”_blank”gt;$LBUYlt;/agt; lt;a href=”https://twitter.com/hashtag/Denver?src=hash” target=”_blank”gt;#Denverlt;/agt;–Leafbuyer
Technologies, Inc. (LBUY) (“Leafbuyer”), a leading cannabis
technology platform, announced today that its quarterly sales rose 68%
in the quarter ending December 31, 2018. The increase reflects the
revenue booked in the quarter versus the same quarter of the previous
year.
“This announcement of record-setting growth follows the Company’s major
industry moves, including the launch of both the Leafbuyer Wallet and
Leafbuyer Loyalty, as well as the acquisition of California-based,
order-ahead application Greenlight in the last quarter,” said Mark
Breen, COO of Leafbuyer. “Our cannabis dispensary and product customers
see the exceptional value in the services we offer, and we will continue
to diversify our platforms to more thoroughly serve their needs.”
“Our national footprint continues to widen as we promote our services in
all legal markets across the United States and Canada,” said Kurt
Rossner, CEO of Leafbuyer. “Our revenue grows as the time-saving and
valuable benefits we implement continue to evolve and our sales and
marketing resources expand.”
Recent legalization efforts in states like New York and New Jersey, if
passed, will allow larger populations access to cannabis and provide a
monetary boost to the industry. According to Arcview Market Research,
the legal cannabis industry will see growth from $9.2 billion in 2017 to
roughly $47.3 billion by 2027 in North America.
About Leafbuyer
Leafbuyer.com
is one of the most comprehensive online sources for cannabis deals and
information. Leafbuyer works alongside cannabis businesses to showcase
their unique products and build a network of loyal patrons. The
Company’s online network reaches millions of marijuana consumers every
month. Leafbuyer is the official cannabis deals platform of LA
Weekly, Voice Media Group, Dope Media, Grasscity, and The Stranger.
Learn more at Leafbuyer.com.
Contacts
Leafbuyer Technologies, Inc.
Andre Leonard, +720-432-5593
aleonard@leafbuyer.com