CBD of Denver, Inc. (CBDD) Advances Evaluation of AI-Driven Health & Wellness Acquisition Opportunity

About this update from Cbd Of Denver Inc.

Denver, Colorado--(Newsfile Corp. - June 30, 2026) - CBD of Denver, Inc. (OTCID: CBDD) ("CBDD" or the "Company") today announced that it has entered the due diligence phase with respect to a prospective acquisition in the health and wellness sector.As part of the Company's ongoing acquisition plans, management has reviewed a number of businesses spanning artificial intelligence, technology, consumer products, and health and wellness. Through this process, the Company identified an operating business that combines an established health and wellness platform with the practical application of artificial intelligence across its day-to-day operations.The prospective acquisition candidate utilizes AI-powered technologies to enhance customer engagement, automate internal processes, improve operational efficiency, and support business intelligence initiatives. The Company believes the health and wellness sector continues to benefit from favorable long-term trends, including increased consumer focus on preventative care, personalized wellness solutions, digital engagement, and technology-enabled services. The integration of artificial intelligence into established health and wellness businesses has accelerated across the industry, providing opportunities to improve productivity, customer experiences, and operational scalability.Following its review of numerous opportunities, management believes that businesses with proven operating histories and demonstrated AI integration may provide a stronger strategic fit than companies whose principal focus is the development of standalone artificial intelligence technologies.CBDD is currently conducting financial, legal, operational, and commercial due diligence on the prospective transaction. Discussions remain ongoing, and no definitive agreement has been executed. There can be no assurance that the due diligence process will result in the completion of an acquisition or other business combination."Our acquisition strategy has always centered on identifying businesses that can contribute meaningful long-term value," said Mr. Roever, Director of CBDD. "We believe the combination of an established health and wellness business with thoughtfully deployed AI technologies represents an interesting opportunity, and we look forward to completing our evaluation."The Company will continue to update shareholders regarding material de...

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