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 our team. Through their hard work, significant year-over-year revenue growth was demonstrated once again," commented Marcel Gamma, CEO of CBD of Denver. "This achievement by the sales division, under Pascal Siegenthaler's command, was even more impressive this month due to seasonally soft pricing and short term supply glut in the market. Despite these challenges, our sales team continued CBD of Denver's strong trend of higher volume orders from our growing loyal customer base in Europe."
CBD of Denver, Inc., Rockflowr GmbH and Swiss Industry Ventures AG are now also on LinkedIn.
About CBD of Denver, Inc.
CBD of Denver, Inc. (OTC Pink: 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
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.
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