CBD Life Sciences (CBDL) Announces Future News and
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Posted On: 05/20/2021 5:59:27 PM
CBD Life Sciences (CBDL) Announces Future News and Updates for Shareholders Amid Expansion
Wednesday, May 19, 2021 10:42 AM | Jillian Kilcoyne
What is Going on with CBDL?
CBD Life Science’s (CBDL) President and CEO, Lisa Nelson, has announced that the company will be providing updates and news to shareholders regarding their expansion and retail stores. This is coupled with the announcement of the grand opening for its second retail location on June 12, located in Scottsdale, Arizona. CBD Life Sciences is currently awaiting approval for its third storefront in Sedona, Arizona. The company has also begun exploring location options in Las Vegas and elsewhere in order to aid in expansion. This expansion seems to be even more possible with the new cannabis law, Arizona PROP 207, being approved.
Shares of CBDL are down 6.25% Wednesday following the announcement.
What This Means for CBDL?
Speaking on this expansion, Lisa Nelson, President and CEO of CBD Life Sciences, states that, “"As the company continues to expand significantly, we will be updating the shareholders with as much news as we possibly can as time goes on,” and “we have been working extremely hard this year and I couldn't be any happier with the outcome!" Combined with the new cannabis law, the recent approval of Amazon and future storefronts, and their grand openings, the company hopes that 2021 will be a promising year and will provide growth.
TOODLES
Wednesday, May 19, 2021 10:42 AM | Jillian Kilcoyne
What is Going on with CBDL?
CBD Life Science’s (CBDL) President and CEO, Lisa Nelson, has announced that the company will be providing updates and news to shareholders regarding their expansion and retail stores. This is coupled with the announcement of the grand opening for its second retail location on June 12, located in Scottsdale, Arizona. CBD Life Sciences is currently awaiting approval for its third storefront in Sedona, Arizona. The company has also begun exploring location options in Las Vegas and elsewhere in order to aid in expansion. This expansion seems to be even more possible with the new cannabis law, Arizona PROP 207, being approved.
Shares of CBDL are down 6.25% Wednesday following the announcement.
What This Means for CBDL?
Speaking on this expansion, Lisa Nelson, President and CEO of CBD Life Sciences, states that, “"As the company continues to expand significantly, we will be updating the shareholders with as much news as we possibly can as time goes on,” and “we have been working extremely hard this year and I couldn't be any happier with the outcome!" Combined with the new cannabis law, the recent approval of Amazon and future storefronts, and their grand openings, the company hopes that 2021 will be a promising year and will provide growth.
TOODLES
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