CBD Denver Inc (CBDD)

[36Knuckle]

Denver, Colorado--(Newsfile Corp. - June 2, 2023) - CBD of Denver (OTC Pink: CBDD) today announced that it has started rolling out the Magic Lappen at EDEKA supermarket locations in Germany.

The Company is getting back on track, growing top line revenue from $26,000 in Q3 of 2022 to $113,000 in Q4 of 2022 and revenue of $259,000 in Q1 of 2023. 2023 first quarter revenue was comprised of $39,000 in sales of Magic Lappen and about $220,000 in CBD revenue. The company believes that Q2 it show revenue increases in both verticals.

The Magic Lappen is currently in 28 EDEKA locations, with the goal being to roll out to a majority of 1700 current locations offered to the company. However EDEKA has over 11,000 locations that the Company is in talks to expand. The Company has designed and is producing Point of Purchase display units to place on the floor of EDEKA as well as cashier POP displays which the EDEKA retail chain has requested to help promote the product. The Company will be posting pictures from the roll out on Instagram and the Company's other social media locations.