CBD Denver Inc (CBDD)

[Book-emDano]

I've been a long time (over 3 years) proponent of a slow and steady climb. However, in this rare case I am starting to change my tune. Perception is reality, and it is critical that CBDD stock not lag behind especially during the surge of their sector.

In my opinion, it is absolutely ridiculous that CBDD (a pot company with one of the highest revenues on the OTC) is up only 2X, while other pot companies with little to no revenues are up 10X, 20X and even 72X. The most glaring examples are HCMC (up 30X with no revenues and 195 billion shares outstanding), and INKW (up as much as 72X with little revenues and tiny operations).

Despite clear manipulation going on, I put this on the company for not having their audit done already and for not buying back shares. OMID is less than a year old and they have already bought back shares (reducing their shares outstanding by 13%) and are already in the process of becoming SEC reporting.

CBDD will be fine in the long term, but it does not want the image or reputation of lagging behind especially during a major sector surge. They must work double time to get the audit done and buy back shares. CBDD has been good to us shareholders (I am not complaining here, just stating the facts), but as shareholders we must always demand more.