LQR House announced a significant 382% year-over-year increase in revenue for the month of July 2024 compared to the same period in 2023. The Company attributes this substantial growth to its strategic marketing partnerships and increased traffic to its online marketplace, CWSpirits.com. In July 2023, LQR House reported revenues of $46,450. In July 2024, the Company experienced a significant revenue surge, reaching $224,227.15. Sean Dollinger, CEO of LQR House, stated, “Our recent growth has been incredibly motivating for both me and our dedicated team. While we understand that some investors may struggle to see the value of an online marketplace as a tangible asset, we feel this growth clearly demonstrates its true potential. In addition to owning what I believe is the leading online alcohol store, we continue to secure new marketing contracts with top-performing brands, further enhancing our bottom line.”
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