CBD of Denver Inc. News Releases

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

Tue, 30 Jun 2026 09:46:00 -0400

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...

CBD of Denver Announces Updated Corporate Website Reflecting Strategic Pivot into Artificial Intelligence

Mon, 22 Jun 2026 10:53:00 -0400

New Website at cbdofdenver-inc.com Showcases Company's Vision for AI-Driven Growth Platforms, Marketing Automation, Workflow Efficiency, and Shareholder Value Cape Town, South Africa--(Newsfile Corp. - June 22, 2026) - CBD of Denver, Inc. (OTCID: CBDD), a publicly traded company, is pleased to announce that it has launched an updated corporate website at www.cbdofdenver-inc.com. The new website reflects the Company's exciting strategic transformation and its forward-looking direction as it...

CBD of Denver Announces Strategic Exploration of Merger Candidates

Thu, 11 Jun 2026 09:00:00 -0400

Company Targets AI-Driven Productivity and Workflow Automation Sector Wallisellen, Switzerland--(Newsfile Corp. - June 11, 2026) - CBD of Denver, Inc. (OTC Pink: CBDD) today announced that its Board of Directors has authorized a strategic review of three merger candidates operating within the artificial intelligence (AI) industry. Management is identifying and evaluating their potential and how potentially CBDD will have benefit of it. The Company is specifically focused on businesses that are...

CBD of Denver, Inc. Identifies Strategic Opportunities to Maximize Shareholder Value

Tue, 12 May 2026 09:00:00 -0400

Zurich, Switzerland--(Newsfile Corp. - May 12, 2026) - CBD of Denver Inc. (OTC Pink: CBDD) ("the Company") today announced that its management is actively pursuing potential strategic opportunities designed to position the Company for long-term growth and enhance value for its shareholders.Management is currently evaluating several prospective candidates, assets, and strategic initiatives that align with the Company's long-term vision and growth strategy. The Board of Directors believes that...

CBD of Denver Expands Into the Tech Sector with Strategic LOI Signing

Thu, 03 Apr 2025 10:44:00 -0400

Denver, Colorado--(Newsfile Corp. - April 3, 2025) - CBD of Denver, Inc. (OTC Pink: CBDD), a diversified holding company focused on innovative growth opportunities, today announced the signing of a letter of intent with Alchemy Games Co. Ltd, a leading technology company specializing in blockchain-based solutions. This strategic move reinforces CBD of Denver's commitment to expanding into the high-growth tech sector, leveraging cutting-edge advancements in digital finance, payment processing,...

CBD of Denver Achieves 26% Revenue Growth and Returns to Positive Operating Income in 2024

Mon, 31 Mar 2025 10:39:00 -0400

Denver, Colorado--(Newsfile Corp. - March 31, 2025) - CBD of Denver, Inc. (OTC Pink: CBDD), a diversified holding company, today announced key financial highlights for the fiscal year ended December 31, 2024, demonstrating strong revenue growth and a return to positive operating income.2024 Highlights:Revenue grew to $3.75 million, a 26% increase compared to $2.98 million in 2023, driven by consistent performance from the Company's wholesale CBD division.Operating income turned positive,...

CBD of Denver Reflects on 2024 and Announces Withdrawal from German Market Amid Political Uncertainty

Tue, 25 Feb 2025 05:05:00 -0500

Denver, Colorado--(Newsfile Corp. - February 25, 2025) - CBD of Denver, Inc. (OTC Pink: CBDD) today announced that it is shifting its focus and will no longer seek to provide services to the German cannabis market due to the complexities of navigating political uncertainties and the German government's failure to provide guidance on acceptable business models.The German cannabis market, once a focal point of CBD of Denver's strategy, has proven to be untenable due to regulatory and political...

CBD of Denver Announces Q3 Revenue and Updates on Spinoff and German Market

Sun, 10 Nov 2024 10:32:00 -0500

Q3 Financial Performance Denver, Colorado--(Newsfile Corp. - November 10, 2024) - CBD of Denver (OTC Pink: CBDD) is pleased to report estimated third quarter 2024 revenue of $763,450.00 compared to an estimated $677,893.00 for the same period in 2023.German Market Update More than nine months have passed since the Cannabis Act (CannG) came into effect in Germany on April 1, 2024. The law aimed to curb the cannabis black market and provide adults with widespread access to unadulterated,...

CBD of Denver, Inc. Reports Financial Results for the Three and Six Months Ended June 30, 2024

Fri, 30 Aug 2024 05:37:00 -0400

Denver, Colorado--(Newsfile Corp. - August 30, 2024) - CBD of Denver, Inc. (OTC Pink: CBDD) today announced its unaudited financial results for the three and six months ended June 30, 2024. The Company continues to navigate challenging market conditions while maintaining a focus on operational efficiency and long-term growth.Financial Highlights:For the Three Months Ended June 30, 2024:Revenue: The Company reported revenue of $1,002,240, a 37.4% increase from $729,453 in the same period in...

CBD of Denver Announces Q2 Revenue and Provides Update on German Market

Mon, 05 Aug 2024 02:34:00 -0400

Denver, Colorado--(Newsfile Corp. - August 5, 2024) - CBD of Denver, Inc. (OTC Pink: CBDD) today announced that revenue for Q2 2024 is estimated to be approximately $1,030,000 compared to $720,000 for Q2 2023. Revenue from Libra 9 is not included, as the Company continues the process of unwinding the transaction. The German market is evolving as all federal states are progressing with their individual application and licensing programs for Cannabis Clubs. Luxora is in ongoing discussions to...