Lexington, KY: Commercially out there CBD merchandise are normally labeled in approaches that misrepresent the genuine percentage of cannabinoids accessible in them, according to data published in the Journal of Cannabis Analysis.
Researchers affiliated with the College of Kentucky Higher education of Medicine lab-examined 80 commercially offered hemp-derived CBD products. Items had been obtained both on the net on at brick and mortar retail shops.
Steady with dozens of other analyses, authors documented that a major share of the items analyzed (46 p.c) contained CBD concentrations that were considerably different than the focus stated on the label.
Authors documented: “These details suggest that extra regulation is necessary to be certain label accuracy as just about fifty percent of the merchandise in this analyze have been not appropriately labelled (i.e., not inside a ± 10 percent margin of mistake). Shoppers and practitioners should keep on being cautious of unregulated and frequently-mislabeled CBD goods because of to the hazards of getting also substantially CBD (e.g., drug-drug interactions, liver enzyme elevations, improved facet results) and the consequences of taking too minor (e.g., no medical added benefits thanks to underdosing).”
They concluded: “The findings reported right here emphasize the ongoing require for apparent and reliable regulation from federal and point out agencies to make certain label accuracy of CBD merchandise and subsequent enforcement. These outcomes also show the want for ongoing improvement of very good production techniques and screening criteria. As buyers are taking CBD products and solutions for an at any time-escalating selection of problems, independent of health-related steering, the precision of articles labeling is critical for the protection of the buyer.”
Far more than three years subsequent the passage of federal legislation legalizing hemp output, the US Meals and Drug Administration (Food and drug administration) has still to promulgate procedures regulating the internet marketing and sale of industrial products containing hemp-derived CBD or other cannabinoids. Survey data compiled by the National Customers League previously decided that additional than 8 in 10 US voters wish higher federal regulatory oversight in excess of the labeling and advertising and marketing of commercially readily available CBD merchandise.
Comprehensive text of the analyze, “Label accuracy of unregulated cannabidiol (CBD) items: Measured focus vs. label assert,” appears in the Journal of Cannabis Analysis.
Does your cat or puppy have stress or arthritis? CBD could possibly enable.
Just like their human friends, our beloved animals can undergo from stress, chronic joint soreness and epilepsy. My very first pet, a poodle, took seizures on a weekly foundation as she bought older, and several years afterwards as my boxer aged into her 14th calendar year the ache in her hips and joints created her whine into the night several hours. What’s distressing to our animals is also pretty painful for us.
And as some folks find that CBD dietary supplements and oil –– in drinks or drops or gummies – relieve our way through rush-hour, lower down on mind fog and assistance relaxed that nagging back again ache, researchers are starting to find that in the ideal dosage CBD may well also assistance our furry close friends. But you do not have to guess. There are firms that formulate CBD for animals on line.
With healthcare hashish laws currently being remarkably distinctive from condition to state in the United States, some states that have been focusing on professional medical cannabis as drugs may perhaps also just take the similar stance with CBD, even though it is a portion of the hashish plant that will not get you high. Goods marketed as CBD consists of no THC, or very trace amounts, and legally can be transported more than state traces.
If you have ever been to a dispensary you will obtain that CBD can come in a variety of pretty imaginative goods, setting up from easy oil drops to wellbeing drinks and candies like gummy bears. And if you look for on-line you can locate a array of CBD for pets around you. Or question a vet around you.
With the tips of an specialist, animals can eat CBD oil in their morning food, just like you would you sprinkle the spirulina to clean your dog’s tooth but some animals, cats especially are incredibly suspicious of any variety of food items tampering so particular CBD pet solutions for dogs and cats can be uncovered. They search like cat and dog treats and flavor like meat –– great if you really don’t want to experiment or determine out dosing.
If you are fascinated in science-backed drugs there are some new experiments on toxicology and the results of CBD or cannabidiol on pet health. This 2018 examine identified that CBD could support animals with arthritis (osteoarthritis – OA). The scientists concluded that 2 mg/kg of CBD twice day by day can support boost comfort and ease and exercise in canines with OA. And a 2019 review confirmed that CBD aided lower seizures in dogs. At this time it is not known what are the selection of wellness consequences of CBD on animals so mom and dad who are medicating their pets really should do it underneath supervision. To participate in it harmless, inquire your vet.
The Fda has not approved CBD for any use in animals. Like any normal complement you can obtain at the health and fitness retail store and which is untested, the Food and drug administration endorses pet homeowners converse with their veterinarians about health supplements employed on pets.
Condor CBD Gummies are very preferred, very well-developed, and adored by a big variety of people. They are totally accepted and manufactured in a transparent and secure method. Therapy of psychological diseases may be difficult. It may possibly be challenging to get over critical psychological overall health troubles. Disregarding psychological diseases might result in considerable psychological, behavioral, and bodily health difficulties. These problems are additional critical and must be regarded as a key issue.
Several mental wellness problems afflict world populations. These diseases could be really harmful to one’s well being and fitness.
About Condor CBD Gummies
Many folks use Condor CBD gummies to preserve and increase their general well being. This solution contains both organic and plant-centered herbs. This food items has the potential to assist with a selection of wellbeing challenges, including severe discomfort, disappointment and stress, pressure, stress and anxiety, and diabetes. Most successfully, these are chewy candies that can be eaten often.
The purely natural CBD edibles are devoid of dangerous substances and are protected to take in. Typical utilization will speed up the recuperation and therapeutic system. Condor CBD Gummies are an great tactic to enable with a selection of illnesses and persuade leisure.
Standard Specifics about CBD
The 2018 Farm Monthly bill eradicated hemp from the Controlled Substances Act’s lawful definition of cannabis. This built officially permissible CBD-derived hemp goods with less than .3{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} THC. On the other hand, CBD products that contains more than .3{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} THC go on to occur in the authorized classification of cannabis, rendering them illegal at the federal stage but lawful in certain states, especially when traveling. So end users must always be careful in exploring neighborhood restrictions.
CBD oil and hemp oil have vastly different chemical compositions.
In contrast to CBD oil, which is extracted from the whole cannabis plant, hemp oil or hemp seed oil is extracted only from the plant’s seeds. Hemp seeds are devoid of CBD. To be legal, CBD gummies must incorporate CBD oil, not hemp seed oil.
In spite of the clear simplicity of the big difference, a number of companies advertise hemp candies as CBD gummies. It may be easy to fall for a bogus assert if customers do not closely look at the product’s contents.
Condor CBD Gummies Components
The CBD gummies made by Condor comprise only secure, natural components. These substances will strengthen total wellbeing and properly-getting.
CBD, or cannabidiol, is a chemical derived from the hashish plant. It could aid with a selection of illnesses and regulate the endocannabinoid devices in the entire body (ECS). ECS is a cellular composition that regulates tension hormones and increases the well being of the mind and heart. It modulates parameters these types of as blood sugar, blood force, and cholesterol.
Coconut Oil — This oil is nutrient-loaded and crucial to overall health. It possesses anti-microbial and anti-inflammatory attributes that greatly enhance fat burning capacity and protect against dehydration. It is derived from coconut palms and facilitates access to CBD merchandise.
Flavors: Condor CBD gummies are out there in many sizes, designs, and hues. These sweets have blue raspberry, blue raspberry, and orange flavors.
This chemical is a naturally occurring substance created from hemp crops and seeds. It is loaded in fiber, zinc, and magnesium. It promotes cognitive purpose, boosts pores and skin overall health, alleviates distress, and heals sleeplessness and psychological and emotional issues.
Condor CBD sweet has substances with helpful effects on wellness. Moreover, Condor CBD Gummies maintain wellbeing.
It is properly-regarded that acute soreness may perhaps lead to serious cardiac challenges. This pill will avoid discomfort from receiving also powerful or from spreading to other locations of the physique. Furthermore, the substance might support one’s coronary heart wellbeing.
This item contains hemp extracts derived only from new herbs. There is no contamination.
Suffering has the likely to hurt cardiac cells. Persons could acquire this nutrient-dense, nutrient-abundant gummy in a calculated quantity to relieve their pain. It is also helpful for little ones and adolescents with joint discomfort. It has been proven that very important herbs enrich and maintenance bone health. This dietary complement is formulated with premium elements and may possibly be made use of to address any illness.
This solution may give relief for a variety of persistent human body aches. With the use of this medicine, individuals will be in a position to do their day to day physical exercises and actual physical functions with out going through any discomfort.
Lowers stress and depression: If people today experience stress and anxiety or depressive thoughts, then they comprehend how tough it is to handle all of these challenges. As a result, right after ingesting the wholesome gummies in this item, they will be able to erase worry and do anything with out problems.
The use of this item may perhaps suitable sleeping patterns. If men and women have a inclination to snooze late at night time, they are knowledgeable of how tough it is to get up on time the pursuing morning and how they wake up in a foul mood because of to their deficiency of slumber. For that reason, this solution could right their weak sleeping pattern, enabling them to have uninterrupted relaxation at night time.
This health supplement may well lower all of the rashes and wrinkles on the skin. This is an great solution that will also monitor the skin’s well being.
Assists in halting smoking: This substance may perhaps also guide in kicking the behavior. After ingesting these candies on a regular basis, a single will be in a position to kick this habit.
Assists one particular preserve a balanced overall body form this merchandise could also be productive for body weight-connected health situations. This implies that it may possibly induce ketosis and minimize hunger, permitting 1 to retain a healthy body weight and avoid overeating. It may well also decrease foods cravings, allowing for folks to take in just stable meals and steer clear of unneeded taking in.
The Condor CBD Gummies dietary nutritional supplement is rather harmless. People today need to not be worried that it will damage their health in any manner. As said prior to, the creators of this item have integrated only balanced elements, and none of the elements will have a lousy effect on one’s wellbeing. Hence, people may have self esteem in its efficacy and take in this merchandise without the need of problem.
Dosage
The business suggests starting with a compact dosage of the gummies. It is enough to get a greatest of 5 gummies for every working day to have extended-long lasting outcomes. Overdosing could possibly outcome in dizziness, chills, and nausea. Ahead of consuming Condor CBD Gummies, it is instructed that buyers see a physician.
5 Thirty day period Bundle – Invest in 3 bottles and get two free – $39.99 for each bottle with free delivery.
3-month Present – Purchase two bottles and get 1 free – $53.33 for every bottle with absolutely free shipping.
One particular Month Supply for $69.99 per bottle with totally free supply.
Refund Policy
Condor CBD Gummies are a healthier item that will not result in any adverse aspect results. People today are allowed to return the products to the company if it adversely impacts their well being. As a consequence, they will get a comprehensive refund.
Each individual bundle has a 30-day income-back promise. If for any reason the consumer is not thoroughly pleased with the goods, they can basically return any unopened products and solutions inside 30 times from when the buy was placed.
Why is CBD Whole Spectrum so preferred right now?
CBD Oil performs with the system to eliminate ache from the inside out. And it is effective instantly. After more than 20,000 clinical trials, it has been repeatedly proven. CBD Gummies include the incredibly cannabinoids governing agony and mood in the physique and brain. In just a couple of days, the cannabinoids will tune the total endocannabinoid program (the network of receptors situated in the brain, organs, and glands), leaving the person soreness-totally free and sensation a long time younger—the elimination of muscle mass discomfort, joint pain, arthritic ache, migraines, and overall body pains.
Importantly, the 100{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} Pure CBD Oil used in the exploration was a genuine write-up and exceeded the product’s efficiency utilizing patented procedures.
Only out there to those earlier mentioned 18 several years of age.
Neither nursing moms nor pregnant ladies may well use this solution.
They are not intended for use by children.
Ineligible for these with preexisting healthcare difficulties.
Men and women employing drugs for any ailment are ineligible for usage.
Need to be taken below clinical supervision by initial-time users
Professionals
Delicious – Gummies generally have a outstanding flavor to other CBD items.
Far more durable than topical remedies – For the reason that they are swallowed and close up in the belly, the consequences of the gummies are resilient.
Enduring consequences – Yet, these effects generally endure for hrs.
Easy to use – Simply just choose a gummy. There is no need to have for elaborate measurement and dosage.
Disadvantages
Take time to kick in -The lengthy-long lasting gains of edible CBD products may be an advantage, but their gradual onset of motion can be an inconvenience. This is specially accurate if people are new to CBD and do not expertise any outcomes promptly. Men and women will not know if it is performing for hours.
Does not goal particular spots – As opposed to topicals, CBD gummies are ideal for obtaining whole-overall body rewards in its place of localized kinds.
Unregulated market place situations – There are various subpar CBD goods on the marketplace. To assurance persons are acquiring a high-top quality merchandise, they will will need to do research beforehand.
This product or service overview contains pertinent affiliate back links, which can end result in commissions from qualifying purchases without the need of any added value to the reader. The affiliate commission earned allows retain the site operating so that our analysis group can review and advocate the most effective quality solutions.
Disclaimer
Any recommendations and tips supplied right here are the opinions and ought to be carried out only after session with a accredited healthcare qualified. If you use any drugs, you will have to talk to your doctor prior to positioning an buy for the products.
Results may possibly fluctuate from particular person to man or woman. The Food and drug administration has not evaluated this merchandise, and it is not meant to diagnose, take care of or remedy any health care ailment.
Distinct cannabinoid mixes could be tied to various degrees of soreness aid and aspect effects professional by end users of cannabis, a systematic overview found.
Some items may perhaps be better suited than others for brief-expression enhancement in serious suffering relying on their formulation and proportion of THC to CBD, the two major cannabinoids in marijuana:
Synthetic items with high THC (>98{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c}) and very little or no CBD: moderate advancement in agony, but an elevated possibility of sedation and a probable uptick in dizziness
Extracted products with vast majority THC (THC:CBD ratio ranging from 3:1 to 47:1): no substantial enhancement in discomfort, but a big greater possibility of review withdrawal thanks to adverse events and dizziness
Sublingual sprays with equivalent THC and CBD amounts: modest advancement in agony but a significantly larger elevated risk of dizziness and sedation and a reasonable enhance in nausea
“The strongest evidence to day is for artificial merchandise with high THC-to-CBD ratios and extracted solutions with equivalent THC-to-CBD ratios, each of which resulted in advancements in suffering severity,” according to research investigators led by Marian McDonagh, PharmD, of Oregon Health and fitness & Science University in Portland.
Proof on other hashish solutions was inadequate or lacking, the authors claimed in the Annals of Internal Medication.
McDonagh’s group expressed the have to have for much more cannabis analysis at a time when roughly 100 million Us citizens suffer from continual agony (outlined as pain lasting for a longer period than 3 to 6 months) that can be damaging to individual physical and mental health and fitness, as effectively as general excellent of life.
The opioid disaster continues to grow. In 2021, there were being 75,673 fatalities similar to opioids, up from 56,064 in 2020. Industry experts have projected much more than 1.2 million opioid-related deaths in the future 10 yrs, and strongly recommended research into option treatments for long-term pain. The appeal of cannabis-dependent goods is their opportunity to deliver such possibilities.
Even when health-related hashish is starting to be extra accessible, regulations continue to impede good study on cannabinoids. Healthcare cannabis is lawful to many (and conflicting) degrees in 37 states and the District of Columbia, but stays a Program I substance federally.
“Offered the slow speed of clinical trials, we think it probably that McDonagh and colleagues’ conclusions will be the best offered evidence for some time. Even though we await improved proof, we believe that that clinicians ought to satisfy people with chronic soreness ‘where they are,’” in accordance to Kevin Boehnke, PhD, and Daniel Clauw, MD, of College of Michigan Health-related College in Ann Arbor.
“Standard analgesic medicines are efficient only in a subset of persons, so it is no speculate that numerous clients are drawn to broadly available hashish products. Clinicians can compassionately witness, report, and give direction to support people with persistent ache use hashish correctly,” the pair wrote in a corresponding editorial.
McDonagh’s staff performed a systematic assessment utilizing seven cohort studies and 18 randomized placebo-controlled trials, which bundled just about 15,000 sufferers with mostly neuropathic agony. They famous that they had to count on experiments with major methodological constraints and merchandise heterogeneities, and inadequate reporting of selected essential adverse celebration results (i.e., psychosis, hashish use disorder, and cognitive deficits).
“These limits are nicely documented in the cannabinoid and serious discomfort literature and are thanks in portion to ‘War on Drugs’ guidelines that have overwhelmingly favored studying cannabis-related harms over therapeutic outcomes,” Boehnke and Clauw wrote. “Sad to say, this usually means that this effectively-executed evaluation observed limited generalizable evidence to tell prolonged-phrase use of out there cannabis products and solutions for long-term agony, which is the most frequent reason for clinical cannabis licensure in the United States.”
Long run scientific tests are desired to evaluate very long-term outcomes of hashish use and more probe products formulation effects, McDonagh’s crew mentioned.
James Lopilato is a staff author for Medpage These days. He handles a wide range of matters being explored in present health care science study.
Disclosures
The study was funded by the Agency for Health care Investigate and High-quality.
McDonagh experienced no disclosures.
Boehnke described institutional grants from the NIH and Tryp Therapeutics, as well as private fees from the Healthcare Hashish Exploration Advocacy Alliance, Michigan Middle of Scientific Methods Enhancement, College of Michigan Retirees Association, and Providence Holy Cross Clinical Center.
Clauw disclosed post support from the Care Innovation and Neighborhood Improvement Program of Ohio Office of Medicaid consulting fees from Pfizer, Cerephex, Tonix, Abbott, Aptinyx, Daiichi Sankyo, Samumed, Zynerba, Astellas Pharma, Williams & Connolly LLP, Intec Pharma, and Theravance and research assist from Pfizer, Aptinyx, and Cerephex.
TUESDAY, June 7, 2022 (HealthDay News) — Use of medical marijuana has surged across the United States, but a new investigation finds that proof supporting its use in managing serious ache remains incredibly slender.
There have been few nicely-executed scientific trials focused on ache aid from the kind of merchandise you’d acquire at a cannabis dispensary, including smoked cannabis, edibles, extracts and cannabidiol (CBD), scientists report.
The ideal health care evidence generated so significantly supports just two artificial goods permitted by the U.S. Food stuff and Drug Administration that include 100{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} THC, the chemical in pot that leads to intoxication, scientists identified.
The two medications, dronabinol and nabilone, have a short-phrase gain in treating neuropathic discomfort caused by damage to the peripheral nerves, scientists mentioned.
Yet another drug readily available in Canada but not in the United States — a THC/CBD extract sprayed beneath the tongue — also showed some evidence of clinical gain for neuropathic discomfort.
That leaves unexplored quite a few other opportunity takes advantage of for clinical pot, including for muscle ache, pinched nerves and other forms of serious ache, stated direct researcher Marian McDonagh, a professor of professional medical informatics and scientific epidemiology with the Oregon Well being & Science University School of Medication.
“The narrowness of the investigate was a bit shocking,” McDonagh reported. “When there are a ton of men and women with neuropathic discomfort, this would not consist of people today with, say, very low back again discomfort. You will find a lot fewer evidence for people kinds of circumstances.”
The Food and drug administration-permitted medications also came with sizeable facet effects, together with dizziness and sedation, McDonagh reported.
“The solutions that we have far better proof on are just not the goods we are speaking about in a usual dispensary in 1 of the U.S. states that lets professional medical cannabis,” McDonagh stated.
Clinical hashish is now lawful in 38 states, according to World Population Evaluate. Of individuals, 19 states have outright legalized the recreational use of pot, together with the District of Columbia.
As clinical pot has grow to be extra commonly acknowledged, so has the notion that THC or CBD solutions can assistance take care of continual agony. This new examination, sponsored by the U.S. Agency for Healthcare Analysis and Excellent, was supposed to shed gentle on the subject matter.
McDonagh and her colleagues searched via additional than 3,000 studies, and they came up with 25 that had scientifically legitimate proof about the use of pot products and solutions to handle chronic agony. These integrated 18 medical trials involving 1,740 people today and 7 observational experiments that integrated extra than 13,000 contributors.
The scientists then sorted the scientific tests by the style of merchandise getting tested — made up of superior, very low or equivalent ratios of THC to CBD.
6 randomized managed reports confirmed that the superior-THC drugs dronabinol and nabilone shown statistically valid advantages for easing neuropathic pain, researchers concluded.
But the evidence for pot, CBD and other chemical substances derived from marijuana have been constrained by flaws in the scientific tests they reviewed.
McDonagh advised that individuals interested in seeking health care cannabis discuss to their medical doctor, though there is not a good deal for a medical doctor to go on.
“What we located that has proof is a prescription product,” McDonagh said of the two medicine. “So genuinely, you would have to go to your medical doctor in any case. But there is not adequate evidence in there to guideline a physician on how to recommend a client about what to acquire at a dispensary or how to use it.”
Her team’s findings have been printed June 7 in the Annals of Inside Drugs.
Persons interested in healthcare pot really should commence with pure CBD items, given that they you should not contain something that would intoxicate and have a remarkable protection profile, said Dr. Daniel Clauw, a professor of anesthesiology with the University of Michigan Healthcare College in Ann Arbor. Clauw is co-creator of an editorial accompanying the evaluation.
“It truly is entirely fine for most folks that have long-term suffering to try some CBD due to the fact it appears to be fairly secure,” Clauw mentioned. “On the other hand, when you do insert THC, you have to be a ton far more very careful.
“It does show up as while a small amount of money of THC may be a ton additional productive to address agony, but if people just take leisure, really large THC items in the hope of obtaining great suffering relief, it really is probably much more likely they will get harmed by the item than served because they’re going to be working with as well substantially THC,” Clauw ongoing.
Some experiments have instructed that CBD has anti-inflammatory properties that could enable treat arthritis soreness, Clauw mentioned.
“Given the sluggish rate of clinical trials, we believe that it possible that McDonagh and colleagues’ results will be the greatest out there evidence for some time,” Clauw’s editorial concluded.
“When we await superior evidence, we believe that that clinicians must satisfy people with long-term agony ‘where they are,’” the editorial said. “Conventional analgesic remedies are powerful only in a subset of people, so it is no surprise that numerous people are drawn to greatly offered hashish products. Clinicians can compassionately witness, record and offer steerage to help clients with serious suffering use cannabis properly.”
The U.S. Nationwide Institute on Drug Abuse has far more about cannabis.
Resources: Marian McDonagh, PharmD, professor, healthcare informatics and scientific epidemiology, Oregon Health & Science College College of Drugs Daniel Clauw, MD, professor, anesthesiology, University of Michigan Medical School, Ann Arbor Annals of Interior Medication, June 7, 2022
CBD of Denver (OTCMKTS: CBDD) has been under accumulation in recent weeks and recently broke north of its trading range. The stock had fallen to lows of $0.0016 from highs near $0.04 in early 2021, and the cannabis market looks ripe for a rally as there are 8 states with Marijuana legalization measures on the ballet including Texas, Oklahoma, South Dekota, Ohio, North Dekota, Nebraska, Missouri, Maryland, Iowa, and Arkansas.
CBDD hit the OTC in November 2018 and Microcapdaily reported on it at the time, stating in our article from November 16 “CBDD is a publicly traded company listed on OTC Markets and traded under the stock symbol CBDD. The Company is currently developing innovative CBD products and related social networking. CBDD is the new ticker for VGMI. The Company is led by new CEO Nicholas Sprung, a serial entrepreneur who used to be CEO of a Ski Company with an ambitious vision to make CBD of Denver a leader in the booming CBD space. The Company has established its principal corporate office located at 4610 South Ulster Street, Suite 150, Denver, CO 80237, where it has rented office space.
CBD of Denver (OTCMKTS: CBDD) is a Distributor of CBD and Cannabis flower and a producer of a full line of CBD oil and unique products sold in Switzerland and throughout Europe. CBD of Denver, Inc. is focused on using equity to acquire profitable Swiss assets at attractive valuations to create value for all our shareholders and is driven by a passion to improve lives and strengthen communities by unleashing the full potential of cannabis. Through our Rockflowr brands we have built a very strong European customer base by focusing on top quality products and meaningful customer relationships.
Earlier this year CBDD reported it filed audited financial statements for fiscal year 2021 on April 15, 2022 reporting a record $23.5 million in revenue and net income of $0.33 million. Management credits a fast growing market for its success and first profitable year. According to CBD of Denver CEO Paul Gurney: “While our internal momentum continues to grow, the market itself is providing increasing tailwinds. Just this week, Swiss authorities greenlighted a recreational usage pilot in the city of Basel to begin over the summer. As this trend potentially spreads across Switzerland, and ultimately across Europe, CBD of Denver is ideally positioned to capitalize on the rapidly evolving opportunities,” added Gurney. “I want to thank our shareholders for their continued support. I firmly believe we are on a great trajectory and look forward to reporting on our ongoing successes.”
While fiscal year 2021 financial results were exceptional the Company was negatively impacted in Q1, 2022, due to the reintroduction of COVID controls across Europe and pricing pressure on CBD flower. These trends have already reversed, and the Company’s April revenue nearly surpassed the entire first quarter’s revenue as prices began to stabilize. CBD of Denver generated $908,086 revenue in the first three months of 2022, with a net loss of $314,248 mainly on an inventory write down of $102,856. CEO Paul Gurney said “On the surface, the numbers don’t tell the full story and should be viewed in context. While revenues at 3.5{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} margins don’t usually result in overall profitability, my mandate is to transform this business from a commodity trader into a higher-margin, multi-pronged, health and wellness powerhouse in Europe and Asia.”
To Find out the inside Scoop on CBDD Subscribe to Microcapdaily.com Right Now by entering your Email in the box below
The Company recently acquired 100{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} of Mellow, a CBD ecommerce distribution platform and technology company, with capabilities in the UK, Europe, and Asia, for an undisclosed sum. The acquisition is expected to close in the second quarter of 2022. With operations in Asia, Mellow gives CBDD an entrance into the rapidly evolving CBD markets in the fast-growing Asia Pacific region. The Mellow technology stack will accelerate the Company’s plans to become the go-to name for cannabis across all parts of the value chain in international markets. his acquisition will combine technology and retail e-commerce distribution alongside manufacturing and supply chain infrastructure to create a turnkey solution for the CBD industry across Europe. According to CBDD management “Mellow is also the leading multi-channel distribution partner of choice for globally minded CBD and Hemp brands in Asia too, with our own physical store network and ecommerce channels. This is a global play.”
The Company recently expanded into the German medical cannabis market with the hiring of Bijan Hezarkhani to lead CBD of Denver’s growth in this fast growing European market. Bijan has extensive experience in the cannabis industry, including building out a medical cannabis franchise in Germany. He was the business development manager for Khiron Life Sciences for the last three years, visiting doctors and pharmacies in Germany to build Khiron’s medical cannabis business. Previously, he spent time at Canopy Growth as a business analyst covering Europe. Bijan will be the head of the Company’s medical cannabis sales in Germany and will be based in Frankfurt.
Germany officially approved medical cannabis in 2017. Germany is the largest medical cannabis market in Europe at 15 tonnes annually and generated approximately US$300 million of revenue in 2021. According to Forbes Magazine, over a million patients in Germany will have access to medical cannabis by 2024, with the German medical market worth €7.7 billion by 2028. The German market appears to be moving closer to adult-use legalization, a market estimated at 400 tonnes annually, making it critical to have the infrastructure in place in country. With 83 million people, Germany is the most attractive market in Europe for cannabis.
On May 26 CBDD announced mellow has signed an agreement with UK luxury CBD consumer brand OTO to act as their distribution partner in Asia. OTO, headquartered in London, is a premium positioned consumer CBD wellness brand, specializing in offering sophisticated products at the luxury end of the industry price spectrum. Mellow aims to provide the OTO brand experience through its mellow Asia division, which is operated out of the Hong Kong market, and which already operates a network of physical retail stores under the mellow banner as well as an eCommerce site
CBDD CEO said Paul Gurney said: “We are extremely excited to welcome the OTO brand to the mellow portfolio of brands in Hong Kong. This agreement will combine retail and technology/e-commerce distribution to enable mellow to continue the great work that the OTO team have achieved in other markets, and in doing so, will position OTO as the leading luxury CBD and wellness brand in the Asian markets. There is no other company present in the industry in Hong Kong with offering close to that of OTO. We are very pleased to be able to make this announcement, and we have much more in store ahead.”
Microcapdaily reported on CBDD in November 2020 in the $0.002 level right before the stock skyrocketed to over $0.03 per share in December. We stated in our article “CBD of Denver Inc. (OTCPINK: CBDD) is making an explosive move up the charts after the Company announced record revenues of $5,963,820.00 with gross profits of $484,666.00 for the 3rd quarter ended September 30, 2020. CBDD is an emerging player in the booming global CBD oil and CBD consumer health market which is expected to reach USD $123.2 billion by 2027, expanding at a CAGR of 25.6{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} over the forecast period. It’s easy to see why penny stock speculators are so bullish on CBDD; the Company’s subsidiary Rockflowr GmbH is quickly emerging as one of the leading wholesale companies for CBD in Switzerland. Rockflowr sources its hemp flower from the United States in large quantities and its distribution has grown to more than 7 countries in Europe. Rockflowr GmbH generated the bulk of CBDD revenues.”
Currently trading at a $31 million market valuation CBD of Denver has come a long way since we first reported on it in 2018, when the Company as nothing more than an ambitious vision. CBDD had a stellar year in 2021 reporting a record $23.5 million in revenue and net income of $0.33 million. While fiscal year 2021 financial results were exceptional the Company was negatively impacted in Q1, 2022, due to the reintroduction of COVID controls across Europe and pricing pressure on CBD flower. These trends have already reversed, and the Company’s April revenue nearly surpassed the entire first quarter’s revenue as prices began to stabilize. CBDD has been under accumulation in recent weeks and recently broke north of its trading range. The stock had fallen to lows of $0.0016 from highs near $0.04 in early 2021, and the cannabis market looks ripe for a rally as there are 8 states with Marijuana legalization measures on the ballet including Texas, Oklahoma, South Dekota, Ohio, North Dekota, Nebraska, Missouri, Maryland, Iowa, and Arkansas. Microcapdaily gave the heads up on CBDD in November 2020 when the stock was $0.002 right before it ran to over $0.03 in December 2020.We will be updating on CBDD when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CBDD.
Disclosure: we hold no position in CBDD either long or short and we have not been compensated for this article.
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