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CBD OF DENVER, INC. (CBDD) Announces 3rd Quarter Results and Corporate Updates
CBD OF DENVER, INC. (CBDD) Announces 3rd Quarter Results and Corporate Updates.
About this update from Cbd Of Denver Inc.
[{"type":"text","content":"\n\n\n\nCBD OF DENVER, INC. (CBDD) Announces 3rd Quarter Results and Corporate Updates\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCBD OF DENVER, INC. (CBDD) Announces 3rd Quarter Results and Corporate Updates\nPR Newswire\nDENVER, Nov. 19, 2020\n\n\n\nDENVER, Nov. 19, 2020 /PRNewswire/ -- CBD of Denver, Inc. (OTC: CBDD), a full-line CBD and Hemp oil company (\"CBDD\") selling Black Pearl CBD hemp products and the owner of Rockflowr and CBDWelt24 has released its third quarter financial statements showing increased revenue and growth. \n\n \n \n \n \n \n \n\n \nCBDD's Financial Statements for the quarter ending September 30, 2020, have been posted on OTC Markets.com showing revenues of $5,963,820 and gross profit of $484,666. The Company intends to move off the OTC Pink Market to provide better transparency and liquidity to Shareholders. CBDD's first priority will be to obtain audited financials and to become a fully reporting SEC issuer by the end of Q1 2021.\n\"We are very happy having achieved our goals for Q3 and will continue our efforts to further improve our Q4 results.  Another priority is to move forward with our plans to have a 2019/2020 audit, so the company can provide better transparency to our shareholders,\" explained CEO Marcel Gamma.\nThe Company has decided to open its own new retail operation in Zurich called Rockflowr Retail while exploring expansion of retail operations to other cities in Switzerland. The Company has also begun rebranding Rockflowr to Rockflowr Exchange for wholesale business and CBDWelt24 to Rockflowr Production for our growing facilities.  To further unite all the new corporate identities, the Company is developing new logo, branding and websites including new divisions that will be released shortly. \nThere have been serious discussions by the Swiss Government to legalize products containing THC, including CBD and Cannabis.  If this should happen, we are strategically positioned to take full advantage. \nCBDD continues to be focused on using equity to acquire profitable Swiss assets at attractive ...