CBD of Denver's Rockflowr Reports Record Revenue of $24.4M for the Trailing 12-Months Ended April 2021

·2 min read

Denver, Colorado--(Newsfile Corp. - May 5, 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, is pleased to announce its Rockflowr division generated record revenue of $24.4 million for the trailing 12-month period ended April 30, 2021.

"We generated substantial top-line and bottom-line growth over the past 12 months while making investments in our wholesale distribution and direct sales to consumers, expanding our client base and increasing distribution of our products," commented Marcel Gamma, CEO of CBD of Denver. "The strong foundation we have built should enable us to continue our sales momentum, accelerating growth through the remainder of 2021 and beyond."

Pascal Siegenthaler, Managing Director Sales, states, "To strengthen our market penetration at Rockflowr Retail over the last 12 months we developed new, improved packaging and distinctive logos, and we are now focusing on expanding product lines to be featured both in our brick-and-mortar and online stores. We have high expectations as we implement our plan to expand our direct-to-consumer promotions and sales as well."

Follow CBDD on Instagram: @CBDofDenver_Inc @Rockflowr @RockflowrRetail

CBD of Denver, Inc., Rockflowr GmbH and Swiss Industry Ventures AG are now also on LinkedIn.

About CBD of Denver, Inc.

CBD of Denver, Inc. (OTC Pink: CBDD) a full-line CBD and Hemp oil company ("CBDD") and a producer and distributor of Cannabis and CBD products in Switzerland, Europe and the US. CBDD is focused on using equity to acquire profitable Swiss assets at attractive valuations to create value for all our shareholders driven by a passion to improve lives and strengthen communities by unleashing the full potential of cannabis.

Through our brand Rockflowr and BlackPearlCBD we reach our consumers and have built up a strong customer base by focusing on top quality products and meaningful customer relationships.

Black Pearl CBD has 0% THC but is not an Isolate where the THC is stripped from the product rendering it ineffective. We use a proprietary technique adding terpenes as the activation ingredient, resulting in a product that is the finest in the industry and only available at www.cbdofdenver.com.

Information contained herein includes forward-looking statements. These statements relate to future events or future financial performance, involving known and unknown risks and you should not place undue reliance on these statements. Any forward-looking statement reflects our current views with respect to future events. We assume no obligation publicly about update or revise these forward-looking statements for any reason.

Contacts:

Marcel Gamma
marcel@cbdofdenver.com

Todd McKnight
RedChip Companies
1-800-733-2447
todd@redchip.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/82944