Leafbuyer Technologies, Inc. (LBUY) (“Leafbuyer”), a leading cannabis technology platform, announced quarterly sales results rose 67% in the period ending September 30th, 2018, compared to the same period the previous year.
“We recently reported our FY sales results that ended on June 30th with a 42% growth rate. This recent quarter significantly increased that acceleration. The average monthly spend per customer is steadily increasing and we are seeing higher demand for our products in all of the legal states we cover,” said Leafbuyer Chairman and CEO, Kurt Rossner.
Leafbuyer is one of the largest dispensary deals networks in the country. In addition, the company has ramped up expansion with a consumer loyalty platform, online pre-ordering, and reservations.
“We continue to make investments in future product development. Leafbuyer delivers solutions that drive more value to our customers. Our new product bundles are being well received by the market. We not only drive consumers to dispensaries, we continue to monetize that relationship month after month,” said Leafbuyer COO, Mark Breen.
According to Arcview Market Research, the legal cannabis industry will see growth from $9.2 billion in 2017 to over $47.3 billion by 2027 in North America alone.
About Leafbuyer Technologies, Inc.:
Leafbuyer.com is one of the most comprehensive online sources for cannabis deals and information. Leafbuyer works alongside cannabis businesses to showcase their unique products and build a network of loyal patrons. The company’s online network reaches millions of marijuana consumers monthly. Leafbuyer is the official cannabis deals platform of LA Weekly, Voice Media Group and Dope Media.
Learn more at leafbuyer.com.
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