Business
Leafbuyer Technologies, Inc. Announces Record Revenue Growth
Leafbuyer Technologies, Inc. Announces Record Revenue Growth.
About this update from Leafbuyer Technologies, Inc.
[{"type":"text","content":"\n \n Leafbuyer \n Technologies, Inc. (LBUY) (“Leafbuyer” or “the Company”), a leading \n cannabis marketing and technology platform, announced today its \n quarterly sales increased 70% in the quarter ending March 31, 2019. The \n growth reflects the revenue booked in the quarter versus the same \n quarter of the previous year.\n \n \n Leafbuyer’s 70% year-over-year growth rate is more than double the \n industry’s national average of 26.7%, according to Arcview Market \n Research and BDS Analytics.\n \n \n “Leafbuyer continues to accelerate revenue growth quarter to quarter. \n The results reflect our aggressive sales strategy and ongoing efforts to \n drive more value to our dispensary and product clients. The \n diversification of our revenue streams continues as we expand our \n loyalty platform nationwide. We plan to continue aggressively growing \n our client base with a constant eye for the right acquisition partners,” \n said Kurt Rossner, CEO of Leafbuyer.\n \n \n Leafbuyer garners revenue from the sales of its sophisticated marketing \n technology platforms, which drive cannabis consumers to dispensaries and \n product companies. The solutions include texting/loyalty, mobile \n application-based order ahead, blockchain, and access to millions of \n cannabis consumers through the Leafbuyer.com website and its network \n partners.\n \n \n “We plan to double our sales and support teams by Fall 2019 to manage \n the increased demand for our products and services,” said Rossner.\n \n \n About Leafbuyer\n \n \n Leafbuyer.com \n is one of the most comprehensive online sources for cannabis deals and \n information. Leafbuyer works alongside cannabis businesses to showcase \n their unique products and build a network of loyal patrons. The \n Company’s online network reaches millions of marijuana consumers every \n month. Leafbuyer is the official cannabis deals platform of LA \n Weekly, Voice Media Group, Dope Media, Grasscity, and The Stranger.\n \n \n Learn more at Leafbuyer.com.\n \n \n Cautionary Statement Regarding Forward-Looking Information\n \n \n Safe Harbor Statement\n \n \n This press release may contain forward-looking statements which are \n based on current expectations, forecasts, and assumptions that involve \n risks and uncertainties t...