CBD of Denver Reports Revenue of $2.018 Million in July 2021, Up 195% Year-Over-Year
August 03 2021 - 12:11PM
InvestorsHub NewsWire
Denver, CO -- August 3, 2021 -- InvestorsHub NewsWire -- 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 $2.018 million (USD) in revenue in July 2021. CBD of
Denver's trailing 12-month revenue is now $28.352 million.
The company has again achieved an excellent result given the
current market situation in Switzerland and Europe and was able to
increase its revenue by 195% compared to July 2020.
"We are happy to announce another great month of performance as
our team continues to do a great job here in Switzerland and
Europe," commented Marcel Gamma, CEO of CBD of Denver. "We are even
more pleased with our results considering the headwinds we are
experiencing in Europe, which is currently very quiet due to the
summer break, and the continued depression of wholesale prices
compared to the previous year. Despite these challenges, we
continue to execute by consistently implementing our defined
strategy and focusing on the creation of sustainable value for the
Company and our valued shareholders."
Follow CBDD on
Instagram: @CBDofDenver_Inc @Rockflowr @RockflowrRetail
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.
Contacts:
Marcel Gamma
marcel@cbdofdenver.com
Todd McKnight
CBD of Denver (PK) (USOTC:CBDD)
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