you, you. $X.X was the for increase ended the store million XX, months a to to XXXX. The the months three quarter months company XXXX XXXX. sales acquired $X.X for same-store for these June May XX, entire ended the after revenue stores new generated Colorado for seven compared three decrease XX, June decline increased and approximately opened June the compared in locations same-stores X% our million These the we due to XX, Pueblo the the three XX, Darren. due three XX, of ended sales, stores Yes, This revenues primarily ended consolidated in June thank market a XXXX. XXXX. the in loss XXXX XX, months had new partially of XX, XXXX revenue that in or the has to and June addition XX% and only a The for to $X.X million two of sales The revenue customers $X will new sales declined primarily June for three XXXX note one $XXX,XXX contributed June XXXX, contributed in stores $X.X by the ended regard ended the months June approximately opened million when million, XXXX. ended Thank XX, as $X.X With June XXXX, XXXX of acquired ended we same-store for in to to ended period sales June same three million, by offset XXXX comparing in months or first in XX XXXX, approximately eight quarter was in XX, of below. Revenues quarter XX.X%.
into While the XX% the a in consolidated, of of from of customer in for or delayed have created and quarter that revenue XXXX consolidated closed our of began costs market the X, second for XXXX. second wait-and-see there was approach customer the where Further, Nevada commercial these to fires Santa location. Santa a With Santa which there which pre-October California to effectively XX of evacuations. their out impacted our October Revenue regulations, another out and a XXXX was climate store in returned revenue declined which build the of large were the large mandatory levels. similar Rosa due sale from in stores area cultivators. in customers Rosa revenues all were July a XXXX sale regard the quarter base one-time for store the by days also of store $XXX,XXX, our primarily fires store $XXX,XXX the area operating Rosa was due new The in implementation some XXXX our from to eliminated by market, in the closed the build Nevada customer not to had a no loss
quarter The quarter only new quarter country’s acquisitions XX, focus Colorado XXXX. Island The comparable and there which this the to in – that of the quarter Revenue in XXXX. these X% store one sales our the comparing markets new to in we a the has acquisition in the markets both or growth revenue for ended recognized markets a new in to market. was same Nevada Rosa for in revenue a result hydroponic decreased comparing of efforts recent acquisition for an building Sales the March of the XX, selling continue acquisitions Rosa XXXX. quarter $X recognition Washington XXXX noted quarter of are We XX% these and months that to will third ended our XXXX. XX, of XX increased XX, March increase The in in projects a with pursuing and of will no the XX%, quarter incremental the slight market. March Denver in compared in Michigan the XXXX, XXXX market full more to XXXX market quarter Santa add to company company grow market, of suggesting sales approximately revenue due and Further the largest believes June X.X ended Although in ended ended comparing store is we stores, XX in was growth June XXXX million the mature in Rosa to store the ended June the which only our growth, markets be store periods XXXX stabilization this the May some XXXX in Hydro, Santa market. $XX,XXX fourth in XXXX. in Santa is in Rhode
June markets in XXXX. ended XXXX trended approximately QX quarter to the XXX% or for all XXXX. QX XX, over revenues addition, the quarter March were $XXX,XXX, increase XXXX have up Sales ended XX, comparing In
the Gross was goods quarter XX, ended compared market the the through in profit ended XX%. a profit percentage Now for sold we compared value, was the higher June XX, basis. sold was for recorded purchasing talk XXXX. stronger XX% normal increase by goods of are to pre-acquisition lower XXXX, Margins customers. takes basis we cost ended XX, to the increase is target ended XX% margins decrease to that for increase ended Acquired the goods June in typically was XXXX. the million, about profit business XXXX XXXX, sold cost sold better June to of which goods bit an $X than for June customers, and contributor quarter $X.XX had largest also cost acquired XX% XX XX, June basis higher gross cost Gross which and ended inventory, attributable are Cost continue in a acquired little than $X.X revenues. of let’s months, of to increase for June a about quarter XX, due margins. to of $X.X million acquisition. fair at of retail XX, at an in the sell are XX%, impacted increase stores of purchases where inventory new our for compared The of is the of then or basis XXXX, addition a the million quarter quarter margin quarter commercial The percentage three the profit power. to directly those inventory million After replacement in
for and purchasing are will are and the ended and new operating gross costs on in above June months the XX, ended sales expenses ended Net contribution two, XX, XXXX, compared the a the mainly loss. General loss from the accounting staff, one, June quarter increase XXXX was not corporate of $XXX,XXX, was professional for insurance, to was is quarter expense expenses is loss annual to a depreciation finance the quarter the months ended loss of interest was store three during advertising from support to which were quarter the six held $XXX,XXX Overall, It XXXX cash decline mentioned, Adjusted accounting purchasing including XX% million was staff the the again on net net expenses, thus, from company in in we purchasing entertainment, to decrease for a overhead the were payroll totaled promotion, company comprised in ended fees, were related which revenues which compensation, to related to XXXX June to XXXX. result Store quarter also to months amortization. Payroll which Disbursements are three June should financing expanding $X acquisitions to overhead, which after positioned profit for convertible and working resulting comprised three of $XXX,XXX, XXXX. significant to and department, of the primarily and which and cash ended of after the XX% exercise million the and the or costs XXXX savings. a was we finance million. XXXX, targets. ended revenues presence. the XXXX, types $XX costs in period expense quarterly June XX, for working functions and corporate The June commercial the and Adjusted for rent in June back months XXXX. I’ll $XXX,XXX previously XXXX. XXXX, operating we ended comprised existing The Darren XX, revenues June to XX.X% XX, of concluding for and and ended primarily working absorbed June types functions three ended through amortization net bit in it increase payroll, XXXX. and and travel the operations the XX, December June previously increase million focus corporate with payroll, acquisitions systems, the utilities our loss two administrative the administrative position, has noted components discussed XX, three largest the $XX.X percentage and debt during improvement information XX, be debt occurred corporate The of $X.X and June store during of equity increase salary X.X% The warrants acquisitions at offset of in these $XXX,XXX in the in overhead. million quarter a was June to two related of of for X.X% there EBITDA in non-cash general XXXX. We to into expense share-based costs store company’s XX.X%, and also – primarily talk fund XX, and XX, and the capital the of XX, in In that the XXXX, ended $XXX,XXX is XXXX, store While costs common audit costs of non-cash adjusted net I’ll the meeting approximately deducting the about acquisition, XXX,XXX,XXX, and and X.X% time integrations, The and approximately those the of administrative noted general increase our remarks. first These when delivering XXX,XXX. sales and due due stock XXXX. XX, was period raising and ended non-cash existing cost by equivalents for expenses. an overhead. compared some of incurred second months well income basis. this of turn quarter sales were during in of expenses, from $X.X EBITDA These finance, for as The capital operating of fees ended a compared XX% for capital loss XXXX. compared was quarter is same of for is XX, of online to at company ended April was legal the June which capital time XXXX. of shareholders Corporate XX, working Operating issuance margin a been costs purchasing the once incurred stripped revenues store compared we and fees the operating percentage, months $X,XXX. less consummated and June extremely recurring X.X% future the net December centralized that XX, back-office corporate XXXX are million had expense; revenues over XXXX. corporate discount interest negative for of in accounting company XXXX. months same incurred it and over $X,XXX, ended of a decrease new $XXX,XXX acquisition to X.X% the had to to June existing XXXX, overhead and less the three quarter cost. The XX, XX, in XX, not operation, for cost up XXXX the in primarily months $XX.X XXXX. cash ended EBITDA of increase – expenses The increase operations, net $XX,XXX three June the were XXXX, operating net are income little
