Star Buds Cannabis Co. Stores Continue to Outperform the Industry
TORONTO, ON / ACCESSWIRE / October 24, 2023 / CordovaCann Corp. (CSE:CDVA)(OTCQB:LVRLF) (“Cordova” or the “Company”), a cannabis-focused consumer products company, is pleased to provide an update on its Star Buds Cannabis Co. retail operations in Canada.
Star Buds Cannabis Co. stores continue to grow nicely in 2023 despite a difficult environment for the retail cannabis industry. The Company’s 11 retail stores continue to increase market share and expand margins due to strong cost controls, optimizing product assortment and always focusing on the customer.
The Star Buds Cannabis Co. chain generated revenues of $1.2 million in each of the past two months, nearing record monthly revenues for the retail platform. The average store in the network grew revenues 7.5% year-over-year in August and 8.9% year-over-year in September. The stores in Ontario…
