DENVER--(BUSINESS WIRE)--Leafbuyer Technologies, Inc. (OTCMKTS: LBUY) (“Leafbuyer” or “the Company”), a leading cannabis technology and marketing platform, announced today that quarterly cash sales growth rose 42% year over year in the quarter ending June 30, 2019. The increase reflects the cash sales booked in the quarter versus the same quarter of the previous year.
The development of new technologies, bolstered loyalty initiatives, and extensive industry marketing solutions, including CBD-centric platform opportunities, account for the year over year success.
“We’re constantly striving to exceed our sales goals, while simultaneously providing our clients with the highest quality, technology-driven products available in the industry. Our new Los Angeles office just came online in mid-June and we have significantly broadened our industry leading technology platform. Leafbuyer has a lot of momentum right now and we look to continue to execute our high growth strategy,” said Kurt Rossner, CEO of Leafbuyer.
Leafbuyer continues to accelerate operational growth across the country and, as 2019 continues, will advance its national footprint to include new and most established legal cannabis markets.
Leafbuyer Technologies is a multi-platform cannabis technology company connecting consumers with dispensaries and product companies through online, loyalty, print, and in-person initiatives. Leafbuyer.com, known as the “Priceline of Pot,” promotes its clients’ deals and information through its cannabis media network, which reaches millions of consumers every month. Leafbuyer is the official cannabis deals platform of Voice Media Group, Dope Media, and Grasscity.
Learn more at Leafbuyer.com.
Cautionary Statement Regarding Forward-Looking Information
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This press release may contain forward-looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues and any payment of dividends on our common and preferred stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in the forward-looking statements due to several factors detailed from time to time in our filings with the Securities and Exchange Commission. Reference is hereby made to cautionary statements set forth in the Company's most recent SEC filings.