$CBDD DENVER, May 26, 2020 /PRNewswire/ -- CBD of
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CBD of Denver, Inc. (PRNewsfoto/CBD of Denver, Inc.)
CBD of Denver, Inc. (PRNewsfoto/CBD of Denver, Inc.)
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CBD of Denver, Inc. is very pleased to announce the closing on the acquisition of CBD Welt 24, GMBH and our first Hemp harvest from our grow facility in Switzerland. This harvest will generate 25-30 kilos of top quality smokable flower and biomass which we can convert into CBD oil. In Switzerland, top quality flower is currently selling for $1,600-1,700 a kilo. Our second crop should be ready for harvest within 6-7 weeks. Beginning in July, we should have a harvest every month. SIV has hired a new botanist with 15 years' cannabis growing experience to care for and tend to our harvests with our team. Video cameras will be installed in our grow facilities soon so we can provide streaming video to our shareholders.