GSRX Cannabis Sales Soar in Puerto Rico – Stock up 8%
Puerto Rico-based GSRX Industries Inc. (OTCQB: GSRX), an owner/operator of dispensaries in Puerto Rico and California, just announced its Q1 2019 sales have been stronger than projected.
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GSRX management raised revenue expectations for Q1 2019 to roughly $2.8 million. This will be a 400% growth over Q3 2018 sales of $665,000. They will announce Q4 and full year 2018 results on March 15, 2019.
The stock rose 7.75 percent on the news to $1.39.
GSRX also said sales are particularly strong for its Pure and Natural non-THC CBD products, available online at GetPureAndNatural.com, and at the first Pure and Natural retail location.
GSRX owns five Green Spirit medical marihuana dispensaries in Puerto Rico, and its Green Room dispensary in Point Arena, California.
GSRX is expanding to include cultivation, extraction, manufacture and delivery. In addition to its current dispensaries, it has five more locations in Puerto Rico in development.
You can read more about GSRX at the following websites: Green Spirit RX https://www.greenspiritrx.com/ Spirulinex https://www.spirulinex.com Get Pure and Natural GetPureandNatural.com
Source: GSRX press release
GSRX Cannabis Sales Soar in Puerto Rico – Stock up 8%
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