CBD of Denver Signs Agreement to Acquire CBD E-Commerce Distribution Platform and Technology Company Mellow
Denver, Colorado--(Newsfile Corp. - April 5, 2022) - CBD of Denver, Inc. (OTC Pink: CBDD), a distributor of CBD and unique CBD products sold in Switzerland and throughout Europe, is pleased to announce it signed an agreement to acquire 100% of Mellow, a CBD ecommerce distribution platform and technology company, with capabilities in the UK, Europe, and Asia, for an undisclosed sum. The acquisition is expected to close in the second quarter of 2022. "I am excited to welcome the team from...
2022-04-05 9:00 AM EDT
CBD of Denver Appoints Finance Veteran as New CEO
Denver, Colorado--(Newsfile Corp. - March 8, 2022) - CBD of Denver, Inc. (OTC Pink: CBDD), a cultivator and distributor of CBD and cannabis flower and a manufacturer of CBD oil and unique CBD products sold in Switzerland and throughout Europe, is pleased to announce Paul Gurney has been named as Chairman, President and Chief Executive Officer of the company with immediate effect from Marcel Gamma, who has been acting Chief Executive Officer and Chairman Gurney has more than 15 years of...
2022-03-08 8:00 AM EST
CBD of Denver Announces 2022 Growth Strategy and Brand Building Initiatives
Denver, Colorado--(Newsfile Corp. - March 1, 2022) - CBD of Denver, Inc. (OTC Pink: CBDD), a cultivator and distributor of CBD and cannabis flower and a manufacturer of CBD oil and unique CBD products sold in Switzerland and throughout Europe, is pleased to announce new brand building initiatives and the completion of the Board of Directors' 2022 strategy planning meetings. To maintain strong momentum through 2022 and beyond, CBD of Denver is focused on multiple near-term strategic goals,...
2022-03-01 9:28 AM EST
CBD of Denver Launches Rockflowr Retail with Acquisition of Royal Green
Denver, Colorado--(Newsfile Corp. - February 10, 2022) - CBD of Denver, Inc. (OTC Pink: CBDD), Cultivator, Distributor of CBD and Cannabis flower and Manufacturer of oil and unique CBD products in Switzerland and the throughout Europe, is pleased to announce the closing of its acquisition of Royal Green, the future Rockflowr Retail. Royal Green, known as a major player in Switzerland's retail CBD arena, has been active in Germany, Austria, and Switzerland (DACH region) since 2017 and has...
2022-02-10 10:23 AM EST
CBD of Denver Announces Access to Audit Results and Upcoming Board Meeting
Denver, Colorado--(Newsfile Corp. - January 26, 2022) - CBD of Denver, Inc. (OTC Pink: CBDD), Cultivator, Distributor of CBD and Cannabis flower and Manufacturer of oil and unique CBD products in Switzerland and the throughout Europe, is pleased to announce the results of its 2019 and 2020 audits are now available through the OTC Markets website at: https://www.otcmarkets.com/otcapi/company/financial-report/317290/content. "For our many shareholders who have expressed interest in reviewing...
2022-01-26 9:30 AM EST
CBD of Denver Announces Completion of 2019 and 2020 Audits
Denver, Colorado--(Newsfile Corp. - January 10, 2022) - CBD of Denver, Inc. (OTC Pink: CBDD), a cultivator and distributor of CBD and cannabis flower and a producer of a full line of CBD oil and unique products sold in Switzerland and throughout Europe, is pleased to announce the successful completion of its 2019 and 2020 audits. The audits will be sent to the SEC and OTC Markets and will be available to view on our website. The Company intends to complete an audit of its 2021 results once...
2022-01-10 8:57 AM EST
CBD of Denver Reports November 2021 Revenue of $1M (USD) and 37% Increase in Number of Wholesale Transactions
Denver, Colorado--(Newsfile Corp. - December 15, 2021) - CBD of Denver, Inc. (OTC Pink: CBDD), a cultivator and distributor of CBD and cannabis flower and a producer of a full line of CBD oil and unique products sold in Switzerland and throughout Europe, is pleased to report a 37% year-over-year increase in the number of wholesale transactions for the month of November for its Rockflowr business. The 59 transactions completed in November were for a total of 913 kilograms, generating $1.0...
2021-12-15 8:34 AM EST
CBD of Denver Nears Completion of GAAP Audit
Denver, Colorado--(Newsfile Corp. - December 6, 2021) - CBD of Denver, Inc. (OTC Pink: CBDD), a cultivator and distributor of CBD and cannabis flower and a producer of a full line of CBD oil and unique products sold in Switzerland and throughout Europe, is pleased to report it has received what it believes will be the last request for information needed to complete its GAAP audit, which is being conducted by Fruci and Associates ("Fruci"). The Company contracted Fruci in February 2021. In...
2021-12-06 9:40 AM EST
CBD of Denver Files Q3 Financial Statements and Reports Revenue Up 300% Year-Over-Year in the First Nine Months of 2021
Denver, Colorado--(Newsfile Corp. - December 2, 2021) - CBD of Denver, Inc. (OTC Pink: CBDD), a cultivator and distributor of CBD and cannabis flower and a producer of a full line of CBD oil and unique products sold in Switzerland and throughout Europe, filed its third quarter financial statements on OTCMarkets.com for the period ended September 30, 2021. CBD of Denver generated $20.9 million revenue in the first nine months of 2021, up 300% year-over-year compared to $6.0 million in the...
2021-12-02 7:30 AM EST
CBD of Denver Enhances Shareholder Communications with Appointment of Nicholas Sprung to Its Board
Denver, Colorado--(Newsfile Corp. - November 30, 2021) - CBD of Denver, Inc. (OTC Pink: CBDD), a cultivator and distributor of CBD and cannabis flower and a producer of a full line of CBD oil and unique products sold in Switzerland and throughout Europe, is pleased to announce the appointment of Nicholas Sprung, the Company's former President and CEO, to its Board of Directors. As a Director of CBD of Denver, Sprung is being tasked with enhancing investor communications with both current and...
2021-11-30 7:30 AM EST
CBD of Denver Comments on Looming Cannabis Legalization in Germany
Denver, Colorado--(Newsfile Corp. - November 19, 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 and Europe, comments on Germany's plans to introduce a measure to legalize adult-use cannabis in the upcoming legislative session. "Momentum to legalize cannabis in Germany has been building for some time, and we are thrilled to see a country with significant political influence in Europe...
2021-11-19 7:30 AM EST
CBD of Denver Reports Year-to-Date Revenue of $22.6 Million
Denver, Colorado--(Newsfile Corp. - November 10, 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 and Europe, is pleased to announce it generated net profit of $0.1 million on $1.4 million (USD) in revenue in October 2021, increasing its year-to-date revenue total to $22.6 million. "Rockflowr continues to maintain a high level of total products sold, with 1,181 kilograms (kg) sold in...
2021-11-10 9:58 AM EST
CBD of Denver Comments on Progress of Cannabis Legalization Efforts in Switzerland
Denver, Colorado--(Newsfile Corp. - October 21, 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 and Europe, comments on Switzerland's Commission for Social Security and Health of the Council of States' (SGK-S) nine to two vote in favor of cannabis legalization. Switzerland's National Council Commission (SGK-N) previously voted in favor of cannabis legalization with a vote of 13 to 11...
2021-10-21 8:04 AM EDT
CBD of Denver Reports Revenue of $2.6 Million in September on 26.5% Growth in Product Sold
Denver, Colorado--(Newsfile Corp. - October 8, 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 and Europe, is pleased to announce it generated $2.6 million (USD) in revenue in September 2021 on a 26.5% increase in volume of product sold. CBD of Denver's trailing 12-month revenue is now $29.9 million (USD), and its revenue run rate has increased to $31.2 million (USD). "Can Hozer and...
2021-10-08 8:08 AM EDT
CBD of Denver Retires Preferred Shares Early, Eliminates Potential Equity Dilution
Denver, Colorado--(Newsfile Corp. - September 30, 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 and Europe, is pleased to announce that the Company has retired 13 of its 18 preferred shareholders who had purchased preferred shares issued in previous years. "As our financial position has improved dramatically this year, we were able to capitalize on this opportunity to drive value...
2021-09-30 7:44 AM EDT
CBD of Denver Comments on Italy's Cannabis Referendum
Denver, Colorado--(Newsfile Corp. - September 21, 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 and Europe, comments on Italy's cannabis decriminalization referendum, which received the required 500,000+ signatures well ahead of the September 30 deadline to be included in the country's 2022 vote. "This is another important milestone in the ongoing legalization trend sweeping across...
2021-09-21 7:40 AM EDT
CBD of Denver Reports Revenue of $1.85 Million in August, Up 28.7% over August 2020 Revenue
Denver, Colorado--(Newsfile Corp. - September 7, 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 and Europe, is pleased to announce it generated $1.85 million (USD) in revenue in August 2021, up 28.7% from $1.43 million in August 2020. CBD of Denver's trailing 12-month revenue is now $28.76 million, and its revenue run rate has increased to more than $31 million. "I am very proud of...
2021-09-07 7:49 AM EDT
CBD Of Denver Provides Update on Its Growing Acquisition Pipeline
Denver, Colorado--(Newsfile Corp. - August 31, 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 and Europe, is pleased to give an update on its planned acquisitions: As announced earlier this year, CBD of Denver is planning to make further acquisitions in Switzerland and Europe. The Company has considered approximately 10 potential targets in recent months and began the due diligence...
2021-08-31 10:00 AM EDT
CBD of Denver Provides Corporate Update on Its US Audit
Denver, Colorado--(Newsfile Corp. - August 30, 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 and Europe, is pleased to give an update on its US audit. As announced earlier this year, CBD of Denver engaged FRUCI Associates to fulfil the US audit for the Company to become a fully reporting company according to SEC guidelines. The Company has received feedback from FRUCI that the audit...
2021-08-30 8:52 AM EDT
CLARIFICATION FROM SOURCE: CBD of Denver Inc. Reports Q2 2021 Financial and Business Highlights
Denver, Colorado--(Newsfile Corp. - August 24, 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 and Europe, is pleased to announce its financial and business highlights for the second quarter and six months ended June 30, 2021. Six Month 2021 Financial Highlights Revenue increased 2,803% to over $14.4 million first half of
2021-08-24 12:51 PM EDT