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GSRX Industries Inc. Raises 1st Quarter Guidance Based on Stronger Than Expected Sales at the Company’s U.s. Dispensaries and of Its Pure and Natural Cbd Products
GSRX Industries Inc. Raises 1st Quarter Guidance Based on Stronger Than Expected Sales at the Company’s U.s. Dispensaries and of Its Pure and Natural Cbd Products.
About this update from Gsrx Industries Inc
[{"type":"text","content":"\nDORADO, Puerto Rico, Feb. 27, 2019 (GLOBE NEWSWIRE) -- GSRX Industries Inc. (OTCQB: GSRX) (“GSRX” or, the “Company”) today provided guidance that thus far, 1st quarter sales have been stronger than projected at the Company’s five owned-and-operated Green Spirit RX medicinal cannabis dispensaries in Puerto Rico, and at the Company’s owned-and-operated Green Room dispensary in Point Arena, California.  In addition, sales have been very robust for the Company’s Pure and Natural brand non-THC CBD products, available online at GetPureAndNatural.com, and at the first Pure and Natural retail location.\n Given the stronger than anticipated sales, management is adjusting its revenue expectations upward from previous estimate of $2.6 – $2.7 million, and now anticipates record revenues of $2.7 - $2.9 million for 1st quarter 2019. “We continue to see strong demand across all our U.S. operations and look forward to reporting record sales for the quarter,” said GSRX CEO Les Ball CEO. GSRX Industries Inc. will announce 4th quarter and 2018 annual financial and operating results on or about March 15, 2019. About GSRX Industries Inc. GSRX Industries Inc. (OTCQB: GSRX), through its subsidiaries, is in the business of acquiring, developing and operating retail cannabis dispensaries, and is in the process of expanding its business to include the cultivation, extraction, manufacture and delivery of cannabis and cannabinoid products.  Currently, GSRX operates five cannabis dispensaries in Puerto Rico under the name Green Spirit RX, one dispensary in California under the name The Green Room, and has five additional pre-qualified locations in Puerto Rico, all of which are in various phases of development and construction.  GSRX also owns and operates the e-commerce site GetPureAndNatural.com, which offers a broad range of pharmaceutical grade CBD products.           Websites:                                                       ...