CBD Life Sciences Inc (CBDL)

[Rc1012]

SCOTTSDALE, AZ, Sept. 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- CBD Life Sciences Inc. (OTC: CBDL) today announced that its wholly owned subsidiary, LBC Bioscience, Inc. (LBC Bioscience), has entered into negotiations to acquire a parcel of land in Mohave County, Arizona with the intent of commencing a commercial hemp growing operation. This strategic purchase will allow LBC Bioscience to grow its own hemp keeping complete control of key ingredients used in its products while providing additional revenue through the sale of hemp to third parties. The initial contract is for the purchase of 10 acres with the opportunity to acquire a total of 1,600.