10-20-22 CBDD partners with "Home of CBD"
"This partnership marks the beginning of what we hope will further an already strong relationship. The team behind the Home of CBD is one of the up and coming cannabis retailers in Germany. This arrangement gives us access to the largest cannabis market in Europe, and an easy go-to market option for U.S. brands. We also like their growth plans in country as Germany continues to move closer to a fully legal adult-use market," said CEO Paul Gurney.
"This is part of our new multi-country strategy to form close partnerships with retailers and distributors with strong business fundamentals. The CBD industry is in a state of consolidation across Europe and this is the best time to align with the winners and cut the losers," added Gurney.
11-9-22 CBDD Announces Partnership with Tokem App to Build Europe's Largest Cannabis and Vape Rewards Platform
Paul Gurney, CEO of Mellow Enterprise (CBDD) said the following on the announcement: "We've been looking at strategic avenues to cement a stronger position in the European cannabis market. With struggles to advertise and promote cannabis brands and products worldwide, we've seen an excellent opportunity to build a loyalty platform that retailers can use to incentivise their existing customer base, whilst attracting new ones."
11-16-22 Now with these adjustments, CBDD has a structure that can allow it to take advantage of opportunities in cannabis and adjacent categories," said CEO Paul Gurney
Looking ahead into Q4 and 2023, CBDD has set five strategic priorities:
- Refocus on the flower trading products business with better margins, solid counterparties and additional value-added services. The revenue numbers have already rebounded with $50,000 of revenue in the last six weeks, although they will not approach the levels seen from previous years. A leaner operation here is an attractive source of cashflow. The CBD flower trading business is volatile in Europe, but there remains a strong niche market for specific high-strength CBD strains.
- Set-up ad network to deepen retail connection and create new product verticals. The agreement with Tokem app, provides CBDD the unique opportunity to set-up its own captive store network. The arrangements for the pilot program are ongoing, and CBDD has engaged with its first potential partners in Germany.
- Keep building and adding to our network in Germany. CBDD shipped its first order of vapes to Germany this week, with delays due to supply chain constraints in the U.S. This test order was for roughly $12,000, and CBDD sees more opportunity ahead in Germany, Switzerland and the U.K. The demand for high-quality CBD vapes is increasing, and CBDD has worked for months to find the best suppliers.
- Expand the Grow digital media agency into other verticals to tap into larger client wallets, and to leverage our talented team up in Glasgow, Scotland.
- Complete the process of our name change to Mellow Enterprise, while establishing a solid financial base for the company to seek out accretive acquisitions.
1-17-23 CBD of Denver Inc. (CBDD) Pivots to Nano Technology Products with German Acquisition
The agreement will see CBDD take a controlling interest in the company, which focuses on unique nanotechnology products unlike anything else currently available on the market. Libra 9 is a Berlin, Germany-based business, currently providing revolutionary technology services within health through its proprietary product formulations.
CEO, Paul Gurney commented on the acquisition, "Our company is evolving and this is part of our transition to solidifying our revenue and profit profile. Our team has known the entrepreneur behind Libra 9 for three years. His success in Switzerland with previous products gives us confidence he can continue to generate value with new product launches. In addition, his access to a large retail network in Germany is attractive for our growth plans for 2023."
In last 4 months worth of news updates...you realize what all these little stinkers can say to shareholders and get away with! My hope is maybe a couple of these partnerships could still bare fruit?...Mos'def we need OTCM page updated...Life goes on...
