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CBDL's Expansion Into New Area Sparks More Revenue Growth + Other Updates

Wednesday, 31 July 2024 08:00 AM

CBD Life Sciences, Inc.

SCOTTSDALE, AZ / ACCESSWIRE / July 31, 2024 / CBD Life Sciences Inc. (OTC PINK:CBDL), including its wholly-owned subsidiary, The CBD Vault Inc., a leading innovator in the CBD industry, has announced that it's going expand into new areas including various stores in Sedona Arizona. This expansion will help drive revenue even higher than previously expected and helps with the organic growth strategy the company has been implementing.

The Sedona expansion will include our products in various stores including:

  • Vape Stores

  • Spas

  • Holistically Stores

  • Nail Salons

  • Pet Shops - Pet Treats

This is exciting because Sedona is a major tourist attraction in the United States and approximately 3 million tourists a year visit. This helps us drive our revenue higher and get more brand exposure.

Some other updates we would like to announce is that the company is never planning to do a reverse split again. We're very happy with the position we're in driving organic revenue growth and we believe we will never have another reverse. International partnerships are ready and we are very excited to announce them in the near future! If the opportunity presents itself, we can also reduce the authorized share count or buy back shares in the near future if we believe that we are leveraged in the correct position.

About The CBD Vault Inc. and CBD Life Sciences, Inc.
The CBD Vault Inc. is a wholly owned subsidiary of CBD Life Sciences Inc. The CBD Vault has developed and is retailing/wholesale a full line of cannabidiol based organic products including CBD Drops, Pain Relief Creams, Anxiety & Sleep Supplements, Edibles, Coffee, Skincare Line, Pet Line, Tablets. The CBD Vault's products can be viewed and purchased on the Company's website at www.thecbdvault.com

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IR Contact: [email protected]

Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See CBD Life Sciences, Inc's, Inc.'s filings with OTC Markets, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements.

Contact Information
Lisa Nelson
CEO
[email protected]
4802091720

SOURCE: CBD Life Sciences Inc.

Topic:
Company Update
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