Business
Leafbuyer Technologies Inc. Achieves 43% Year-Over-Year Sales Growth
Leafbuyer Technologies Inc. Achieves 43% Year-Over-Year Sales Growth.
About this update from Leafbuyer Technologies, Inc.
[{"type":"text","content":"\n \n Leafbuyer \n Technologies, Inc. (LBUY) (“Leafbuyer”), a leading cannabis \n technology platform, announced an increase of 43% in sales growth, \n year-over-year, from November 2016 to November 2017. Leafbuyer’s monthly \n sales revenue also grew 25% from October 2017 to November 2017. As solid \n contributing factors to this growth, Leafbuyer added more than 100 new \n clients since April, doubled its staff since July, and launched its new \n text messaging client loyalty platform.\n \n \n “We are thrilled about the momentum we are building with new and \n existing clients. To see such tremendous growth year-over-year and \n month-to-month, tells us we are on the right path,” said Mark Breen, VP \n of Business Development. “We have been staffing up over the last few \n months which is leading to positive gains in additional states, \n including California, Oregon and Washington.”\n \n \n Leafbuyer’s proprietary approach to its consumer loyalty program also \n led to a significant increase in new customers. New and existing clients \n can grow and retain their customer base with Leafbuyer’s texting \n service. Consumers can also sign up for a dispensary’s loyalty program \n right from the Leafbuyer site, which is something no other loyalty \n program can provide.\n \n \n “Our team’s drive and dedication to our clients, as well as our \n innovation, have been key drivers to our success. We hope to continue \n this momentum as we head into 2018, when California starts allowing \n adult-use dispensaries,” said CEO Kurt Rossner. “Our plans are to build \n on our existing suite of products and expand the capability our clients \n have into key customer information. By driving more value to our \n customer, we should be able to garner higher price points and expand our \n operating margins,” Rossner added.\n \n \n About Leafbuyer Technologies, Inc.:\n \n \n Leafbuyer \n is one of the most comprehensive online sources for searchable cannabis \n deals, specials and menu’s, Leafbuyer.com connects consumers with \n dispensaries. Leafbuyer works alongside businesses to showcase their \n unique products and build a network of loyal patrons. Leafbuyer’s \n national network of cannabis deals and information reaches millions of \n consume...