CBD Denver Inc (CBDD)

[36Knuckle]

During the meetings, CBD of Denver set out three strategic priorities for the new combined company.

Expanding the mellow platform into other geographies. Mellow is the #1 CBD marketplace in the U.K. and the team is looking to leverage this experience and launch the brand into other attractive markets. The market for plant-based wellness continues to grow and our motto to #bemoremellow continues to resonate with our customers.
Updating our corporate presence and harmonizing all of our social channels. The company has relaunched its corporate website www.cbdofdenver.com, which now includes recent interviews, stories about the industry, corporate blogs and presentations on the company.
Since the acquisition announcement a number of new business opportunities have come into the fold. The company has quickly investigated the potential and selected projects it sees as lower-risk and higher potential return. In some case, this will be taking the company into adjacent product categories which are highly complementary. CBD will announce these new ventures soon and provide more details on plans.
"The team is highly motivated for the rest of the year. Our corporate motto is to be nimble and move quickly on new opportunities. The plan for the second half potentially gives us another two to three revenue streams to complement our existing wholesale business," said Paul Gurney