Cannabis Cultivator Stability Growth Announces USD 1 Million Revenue Milestone

OKLAHOMA CITY: Stability Growth announces it has surpassed one million dollars in revenue just 6 months from launch.

Today marks an impressive milestone, one made more dramatic considering our first sale occurred in February 2019. Today, just over 5 months after our first transaction, Stability Growth has exceeded $1 million in cumulative revenue! said chief executive officer Denver Kitch.

Chief operating officer David Lewis added, Stability has joined the elite group of startup businesses which exceed $1 million in revenue within 160 days of going to market. We are proud of the hard work of our employees and the enthusiasm of our rapidly expanding customer base.

Kitch added, On our current growth trajectory, we anticipate exceeding the $4 million cumulative revenue mark by the first anniversary of our inaugural sale.

Stability Growth reports that demand for their exclusive nitrogen packaged cannabis flower is a leading driver of growth, as well as growing demand in their processed products line. Stability Growth provides white-label packaged cannabis for dispensaries, a line of house brand nitrogen packaged cannabis flower, wholesale deli-style cannabis flower as well as processed items including no shake pre-rolls, solvent-less rosin and other medical marijuana wholesale products.

Key Metrics
Although a privately held company, Stability Growth makes public certain performance indicators.

Average transaction size of $1,200 per sale
Average customer spend of $2,976 per month
12 independent crop cycles in production continuously with state-of-the-art lighting and environmental controls
Approximately 60% of sales driven by flower sales, with 40% in processed products
(PRN | 6 months ago)

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Cannabis Cultivator Stability Growth Announces USD 1 Million Revenue Milestone