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 our sales team have once again delivered impressive results, growing our volume of product sold by 26.5% to 2,964 kilograms (6,534lbs) for the month of September," stated Marcel Gamma, CEO of CBD of Denver. "We generated this impressive growth in volume across 70 invoices in September, which helped to lessen the impact of lower wholesale pricing across the European market and ultimately driving our third quarter sales to approximately $6.5 million (USD)."
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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