Liberty Health Sciences Experiences Significant Growth In Florida Market, Largest Revenue Increase In Company History
Liberty's recent quarterly revenue totalled
"We are proud of our operational successes and as we move into the next quarter and we will focus on continuing to lead the way in the legal cannabis space with our portfolio of high-quality cannabis products, all while increasing shareholder value," said
Further adding to the revenue growth is the expanding footprint in the state. The Company operates four dispensaries currently as well as six delivery hubs. Liberty has also signed seven new leases for dispensaries that are at various stages of permitting and construction. These new locations are expected to be opened by the end of
"Liberty is well positioned to continue investing in infrastructure, along with R&D and future genetic study programs," said Scorsis. "Our team of people include some of the best in the industry and the Company will continue to drive further cutting-edge initiatives."
Liberty is well positioned to ensure a steady supply of quality consistent product to meet the growing demand and expanding footprint. Production has already commenced at the partially retro-fitted Liberty 360 facility with the full retro-fit scheduled to be completed in early 2019, in line with the new dispensaries coming on stream.
About
Liberty is the cannabis provider committed to providing a trusted, high quality cannabis experience based on our genuine care for all cannabis users and a focus on operational excellence from seed to sale and beyond. Liberty's measured approach to expansion opportunities maximizes returns to shareholders, while keeping consumers' well-being at the forefront of what we do. For more information, please visit: www.libertyhealthsciences.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains certain forward-looking statements within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "believe", "plan", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, expectations related to the Company's production capabilities, expectations concerning the receipt of all necessary approvals from the
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