Dear Leafbuyer Shareholder,
I wanted to make you aware of this important press release issued this morning. Despite the global pandemic, Leafbuyer is experiencing significant sales growth which brings us close to our goal of profitability. Please see the full release below for more information.
I will continue to keep you informed of future releases. On behalf of the Leafbuyer team, thank you for your support.
Kurt Rossner
CEO and Chairman of the Board
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Cannabis Technology Company Records 64% Sales Growth During Pandemic
DENVER, CO / ACCESSWIRE / August 12, 2020 / Leafbuyer Technologies, Inc. ("Leafbuyer" or "the Company") (OTCQB:LBUY), a leading cannabis technology company, announced today that its monthly cash sales rose 64% in the month ending July 31, 2020. The increase reflects dispensary cash sales booked in the month versus the
same month of the previous year.
Leafbuyer’s development of new technologies, sales and marketing initiatives, and point of sale integrations account for the year-over-year success.
“We made a strong pivot at the start of the pandemic, and it is paying off. Exceeding our sales goals is a major focus of the organization,” said Kurt Rossner, CEO of Leafbuyer. “By creating the highest quality, technology-driven products and using these innovations to secure new clients, we look to continue this momentum and achieve our goal of profitability in the very near future.”
“I am extremely excited about our direction and the advancements the Leafbuyer team has made over the last year,” continued Rossner. “We will continue to execute our strategic initiatives and position Leafbuyer Technologies as a dominant player in the cannabis industry.”
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