Santa Ana, California, April 18, 2017 (GLOBE NEWSWIRE) -- The Graystone Company (OTC:GYST) announced today that the company has exceeded its expected revenue projections during the first full month of operations.
CEO M.T. Soeparmo stated, “We have been pleasantly surprised by our results to date. Our quick expansion into additional markets has paid off nicely. In our first 30 days, one thousand dollar days or better have occurred frequently. Due to our focus on outstanding customer service, repeat business has been tremendous. For the month of May, we are projecting 20K to 25K in revenue. Based on current trends, that number could reach 30K as early as June and we are setting up for explosive growth beyond that number in the coming months.”
The Graystone Company, Inc. is building out a scalable business operation in the Cannabis Industry that includes multiple Cannabis Delivery Services and Dispensaries. The initial Delivery Service began operations in March 2017.
Mr. Soeparmo went on to say, “We are already planning for further expansion and have found that the scalability of this business will ensure a tremendous upside. The experience that we have as operators and our dedication to professionalism and proficiency has proven to produce results well beyond what we originally expected. This is an exciting industry and we are setting up the company to capture a healthy market share. We want to thank our shareholders for their support and we look forward to sharing more news with you in the coming weeks.”
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual and interim reports.