Leafbuyer Technologies Inc (OTCMKTS:LBUY) reported that its quarterly sales results surged 67% in the period closing September 30th, 2018, versus the same period the last year. Kurt Rossner, the CEO and Chairman, expressed that they recently posted their FY sales results that closed on June 30, 2018 with a growth rate of 42%. This recent quarter considerably increased that growth. The average monthly spend per user is steadily growing and they are recording increased demand for their offerings in all of the legal states they cover.
Leafbuyer comes in the list of the leading dispensary deals networks in the nation. In addition, the firm has increased expansion with a customer loyalty platform, web pre-ordering, and reservations. Mark Breen, the COO, expressed that they are in continuously process of investing in products. They offer solutions that lead more value to their clients. Their new product bundles are welcomed by the market. The company not only drive customers to dispensaries, they continue to monetize that association month after month.
More recently, Leafbuyer reported that annual sales surged 42% in the fiscal year closing June 30, 2018. The jump highlights the cash sales recorded in the year versus the comparable year. Kurt Rossner, the CEO and Chairman, expressed that they closed their fiscal year with strong positive sales momentum. The company has been growing on that momentum in the coming period.
The COO and VP of Sales of company also expressed that they are extremely thrilled about what is happening currently in the industry. Canada is in the course of legalizing this month; the U.S. elections are approaching, and they are introducing great product improvement across their network. Establishing and expanding the platform while growing in new markets across the nation is their ongoing focus.
Prior to this news, Leafbuyer reported that it has moved into the final development stages of the market’s first extensive platform based on blockchain. Final development is anticipated to be completed in this month. A market launch can happen as soon as in December this year.