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Posted On: 10/02/2019 10:38:41 AM
Post# of 75360
Correct According to this PR: Mr. Welch concluded, “After clearing the past several months of regulatory challenges with COFEPRIS (a regulatory agency) in Mexico for importing and distributing CBD-infused beverages, the Company scheduled CBD Life’s production run to commence on September 9, 2019. Messrs. Montano and Ruiz de Chavez committed to submit to the Company the product and flavor mix underlying their purchase order by September 30, 2019. This will push our CBD Life production run into October, which means that the revenue associated with it will be delayed until the fourth quarter of 2019.”
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