CBD of Denver Reports Revenue of $1.85 Million in August, Up 28.7% over August 2020 Revenue
September 07 2021 - 10:31AM
InvestorsHub NewsWire
Denver, CO -- September 7, 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 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."
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
RedChip Companies
1-800-733-2447
todd@redchip.com
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