Star Buds Cannabis Co. Stores Have Strong Close to 2023
TORONTO, ON / ACCESSWIRE / January 16, 2024 / 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 had a strong close to 2023. The Company’s 11 retail stores continue to increase market share and expand margins due to strong cost controls, optimizing product assortment and continued focus on the customer.
The Star Buds Cannabis Co. chain generated revenues of $3.5 million in the last quarter of calendar 2023. The average store in the network grew revenues 10.1% year-over-year in October, 14.4% year-over-year in November, and 14.5% year-over-year in December. The stores in Ontario grew revenues at an even faster pace, with monthly revenues in these stores increasing an…
