Categories
Marijuana

Leafbuyer Technologies Inc (OTCMKTS:LBUY) And CBD.io Leverages Expanding Customer Base To Increase The Attendance And Booth Count To 15,000 And 400

Leafbuyer Technologies Inc (OTCMKTS:LBUY) has partnered with CBD.io, a trade show partner in Las Vegas. Both companies are leveraging their customer base to improve the attendees and booth count to 15,000 and over 400, respectively.

Adds ten new contracts

Leafbuyer has added ten new contracts since signing a Letter of Intent with CBD.io on June 5, 2019. The booth space is oversold by 50% and expects a sellout date in mid-summer. Chief Operating Officer of Leafbuyer, Mark Breen said both the firms could not miss an opportunity to work and move towards the common target of offering more value to the customers and generate huge revenues.

The clients of Leafbuyer get an opportunity in advertising packs to unlock immense value. They get full access to the consumer base of Leafbuyer and find a place in CBD.io trade show at the price of one package. The customers can interact with the buyers and customers via Leafbuyer network.

Visible and largest expos

CBD.io operates the most visible and largest trade shows for Vape and CBD industries. The expos organized by the company in 2018 hosted prominent names in the industry like Diamond CBD, Blue Moon Hemp, GRN, CBDistillery, and Stanley Brothers. The representatives of GNC, Walmart, and Costco also attended the expos held in 2018.

Chief Marketing Officer of CBD.io, Michael McNeely said working together with Leafbuyer helps to share the immense opportunity of CBD.io with a bigger consumer market and diversify the audiences. The company immediately teamed up with Leafbuyer after its introduction to include the client base of Leafbuyer to its trade show. CBD.io is bringing talented professionals from across the world for industry topic discussions and talk about the present, past, and future of cannabidiol.

CBD.io trade show during 22-23, November

CBD.io will organize a trade show during November 22 and 23, 2019 at the Las Vegas Convention Center. The participating retailers are Green Trees, Discover CBD, Rocky Mountain Bob’s CBD Chewing Gum, Experience CBD, Steve’s Goods, and Chronic Candy.

Signs LOI to take over CBI trade show

Leafbuyer signed an LOI on June 5, 2019, to take over CBD trade show. The company also gains ownership in an e-commerce website that sells retail and wholesale CBD products.

Leafbuyer has announced an increase of 70% in sales in Q1 2019. It is on the backdrop of intense sales efforts. Its plans to increase client base going forward.

Categories
Marijuana

Leafbuyer Technologies Inc (OTCMKTS:LBUY) Reveals Impressive Fourth Quarter 2018 Sales Growth

Leafbuyer Technologies Inc (OTCMKTS:LBUY) closed Friday’s trading session at $1.38 and the company closed the first month of January with the announcement that it had impressive sales growth in Q4 2018.

The cannabis technology company announced the end of January was revealing that it managed to achieve record sales figures during the quarter ended December 31, 2018. The impressive sales revenue record also reflects the difference in the revenue that the company gained during the quarter compared to the revenue booked in Q4 2017.

Leafbuyr’s Chief Operating Officer Mark Breen stated that the announcement about the impressive record-setting revenue growth highlights the major industry moves that the company has been making. Such moves include the launch of Leafbuyer Loyalty and Leafbuyer Wallet as well as the launch of its Greenlight order-ahead application. The COO also revealed that the company’s cannabis dispensary, as well as product customers, recognize the value of the firm’s services as it works on diversifying its services so that it can serve the needs of its customers.

“Our national footprint continues to widen as we promote our services in all legal markets across the United States and Canada,” stated Leafbuyer CEO Kurt Rossner.

Rossner also added that the company’s revenue has been growing relative to the valuable savings and time benefits that it has been implementing to advance its marketing and sales resources.

More people will gain access to cannabis if the ongoing marijuana legalization efforts in states such as New Jersey and New York pull through. This will allow the industry to generate more revenue. Arcview Market Research projections expect the legal marijuana industry to grow from the $9.2 billion figure reported in 2017 to $47.3 billion by 2027. This growth is expected to take place in the North American market.

The cannabis industry has been experiencing rapid growth over the past few years especially as Canada and various states in the U.S.A have approved cannabis for both medical and recreational use.  The legalization led caused the demand for cannabis to skyrocket and some companies have taken it a step further by infusing cannabis extracts into products including edible and non-edible products.

Categories
Marijuana

Leafbuyer Technologies Inc (OTCMKTS:LBUY) YoY Sales Jumps 67%

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.

The growth

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.

Pin It on Pinterest