Business
Leafbuyer Technologies, Inc. Books Strong 67% Growth in Latest Quarter
Leafbuyer Technologies, Inc. Books Strong 67% Growth in Latest Quarter.
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 today that its quarterly sales rose 67% \n in the quarter ending September 30, 2018. The increase reflects the \n revenue booked in the quarter versus the same quarter of the previous \n year.\n \n \n “Our record growth this quarter is a function of our bolstered national \n expansion and the higher dollar value we are receiving for our bundled \n packages,” said Mark Breen, COO of Leafbuyer. “We are seeing a high \n demand for our loyalty services as well as our customer acquisition \n platform. We expect to see a significant increase in revenue coming from \n loyalty and order ahead products from our cannabis dispensary customers.”\n \n \n “We are pleased with our revenue growth and believe the rate of growth \n will continue into 2019 as we add sales and marketing resources. We will \n also be rolling out expansion plans for our new Greenlight acquisition \n and will continue to increase the expansion of our platform in all legal \n markets, including Canada,” said Kurt Rossner, CEO of Leafbuyer.\n \n \n According to Arcview Market Research, the legal cannabis industry will \n see growth from $9.2 billion in 2017 to over $47 billion by 2027 in \n North America.\n \n \n About Leafbuyer Technologies, Inc.:\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 that could cause actual outcomes and results to \n differ materially from those anticipated or expected, including \n statements related to the amount and timing of expected revenues and any \n...