$CBDD Signs Agreement to Acquire 2nd Swiss Company
Post# of 40240
DENVER, May 18, 2020 /PRNewswire/ -- CBD of Denver, Inc. (OTC: CBDD), a full-line CBD and Hemp oil company ("CBDD" that sells Black Pearl CBD and hemp products and the owner of CBD Social Network, announces that it has signed an agreement to acquire a Swiss CBD retailer.
"We are very pleased to announce that CBD of Denver, Inc. just signed an acquisition agreement with Royal Green GmbH, our second acquisition," said CBDD CEO Marcel Gamma. "Royal Green currently operates a full-service CBD retail store. Their current revenues are approximately $600-700,000. The company is anticipating the opening of a new retail outlet in Zurich and their goal is to open 3-4 additional stores throughout Switzerland." Royal Green also maintains an online ecommerce website https://www.royalgreencbd.ch/
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