CBD Denver Inc (CBDD)

[newjackcity]

More CBDD in the news today. Nothing groundbreaking but solid future ramifications.

https://www.otcmarkets.com/stock/CBDD/news?id=308081

CBD of Denver Comments on Proposed Portuguese Bill as Adult Use Legislation Gains Momentum Across EuropePress Release | 06/21/2021

Denver, Colorado--(Newsfile Corp. - June 21, 2021) - CBD of Denver, Inc. (OTC Pink: CBDD), a full-line CBD and hemp oil company and a producer and distributor of cannabis and CBD products in Switzerland, Europe, and the US, comments on proposed adult use cannabis legislation introduced in the Portuguese Parliament by the Left Bloc and Liberal Initiative parties on June 9, 2021.

"We welcome this highly positive development in Portugal, a key European market where we already have established relationships with partners and clients," commented Marcel Gamma, CEO of CBD of Denver. "Portugal is now the third country within Europe to formally debate and potentially implement adult-use legislation, confirming the momentum we are seeing on the ground. We look forward to the Portuguese Parliament moving forward on this issue and believe we will see a solid boost to our existing business there. Ultimately, this could become a tipping point for the entire region, an event we are well positioned to capitalize on."

The Parliament of Portugal is contemplating two bills, each of which propose that the cultivation, distribution, purchasing, possession, and consumption of adult-use cannabis (plant or derivatives) should be legalized.