Business
Zerez Holdings Corporation DBA Smart Cannabis exceeds $2 Million in 2nd Quarter Revenue, approximately a 275% Increase in both Revenues and Profits
Zerez Holdings Corporation DBA Smart Cannabis exceeds $2 Million in 2nd Quarter Revenue, approximately a 275% Increase in both Revenues and Profits.
About this update from Smart Cannabis Corp.
[{"type":"text","content":"\n\n\n\nZerez Holdings Corporation DBA Smart Cannabis exceeds $2 Million in 2nd Quarter Revenue, approximately a 275% Increase in both Revenues and Profits\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nZerez Holdings Corporation DBA Smart Cannabis exceeds $2 Million in 2nd Quarter Revenue, approximately a 275% Increase in both Revenues and Profits\nPR Newswire\nSACRAMENTO, Calif., Aug. 14, 2017\n\n\n\nSACRAMENTO, Calif., Aug. 14, 2017 /PRNewswire/ -- Zerez Holdings Corporation, (OTC PINK: ZRZH), DBA Smart Cannabis, http://smartcannabis.com today filed its second quarter 2017 quarterly reports with OTCMARKETS. The company reported $2,041,557 in gross revenue, about a 275% increase over first quarter revenues of $544,467. The company's gross margin increased to approximately 57%, and net operating income before allowance for taxes was $1,056,686 partially attributed to the company's lean overhead and just in time manufacturing business model.\n\n\n \n \n\n \nJohn Taylor, President of Zerez Corporation, stated, \"This is our third consecutive quarter of growth in both revenues and profits. We have proven that our SMART™ greenhouse design and automation systems represent best in class design, functionality and value, evidenced by customer results and our growing pipeline of large scale projects we are winning in the marketplace. The decision to manufacture many of our components in house, and to create our own SMARTAPP™ mobile control system has resulted in unprecedented remote automation, faster deployment times, and of course, a highly profitable company that our clients can be sure will be with them as their business needs grow.\"\n\nAccording to Vice President Don Smith, \"Our focus has been to ramp revenue and operations rather over the last quarter.  Now, we are focusing on our marketing awareness to increase shareholder value. The company filed a DBA (doing business as) SMART CANNABIS, launched a completely new internet presence, and is adding resources to advertising and public appearances.  Personally, John Taylor and I have strategically pla...