CBD of Denver, Inc. (OTC Pink: CBDD) is a full-line CBD and hemp oil company and a producer and distributor of cannabis and CBD products in Switzerland, Europe, and the US. CBD of Denver reported revenue of $2.97 million (USD) in revenue in May, up 21.7% sequentially from $2.44 million in April 2021. How will this impact the price of CBDD stock?
Denver, Colorado–(Newsfile Corp. – June 1, 2021) – CBD of Denver, Inc. (OTC Pink: CBDD), a full-line CBD and hemp oil company and a producer and distributor of cannabis and CBD products in Switzerland, Europe, and the US, is pleased to announce it generated $2.97 million (USD) in revenue in May, up 21.7% sequentially from $2.44 million in April 2021. CBD of Denver’s trailing 12-month revenue is now $26.84 million, and its revenue run rate has increased to more than $30 million.
“We are thrilled to report another strong month of revenue growth,” commented Marcel Gamma, CEO of CBD of Denver. “Pascal continues to do a tremendous job leading our sales team as they pursue a wealth of opportunities that I believe will drive accelerated revenue growth in the months ahead, building on the momentum we have established.”
Related: CBD of Denver Expands its Swiss Production
About CBD of Denver, Inc.
CBD of Denver, Inc. (OTC: CBDD) a full-line CBD and Hemp oil company (“CBDD”) and a producer and distributor of Cannabis and CBD products in Switzerland, Europe and the US. CBDD is focused on using equity to acquire profitable Swiss assets at attractive valuations to create value for all our shareholders driven by a passion to improve lives and strengthen communities by unleashing the full potential of cannabis.
Through our brand Rockflowr and BlackPearlCBD we reach our consumers and have built up a strong customer base by focusing on top quality products and meaningful customer relationships.
Black Pearl CBD has 0% THC but is not an Isolate where the THC is stripped from the product rendering it ineffective. We use a proprietary technique adding terpenes as the activation ingredient, resulting in a product that is the finest in the industry and only available at www.cbdofdenver.com
Related: Denver City Council Votes 10-1 to Permanently Allow “Social” Cannabis Usage in Businesses
Information contained herein includes forward-looking statements. These statements relate to future events or future financial performance, involving known and unknown risks and you should not place undue reliance on these statements. Any forward-looking statement reflects our current views with respect to future events. We assume no obligation publicly about update or revise these forward-looking statements for any reason.
Related: Denver Votes 10-1 to Allow “Social” Cannabis Usage in Businesses
Contacts:
Marcel Gamma
marcel@cbdofdenver.com
Todd McKnight
RedChip Companies
1-800-733-2447
todd@redchip.com
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CBD of Denver Reports Revenue of $2.97 Million
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