OTCPK:CBDL - Post by User
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AveragePennyon Nov 19, 2024 8:25am
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CBD Life Sciences Inc. (CBDL) Closes on LOI for Potential ..
CBD Life Sciences Inc. (CBDL) Closes on LOI for Potential .. With the New York cannabis market projected to surpass $5 billion by 2027, this acquisition positions CBDL for exponential revenue growth and expanded market dominance.
SCOTTSDALE, AZ / ACCESSWIRE / November 19, 2024 / CBD Life Sciences Inc. (OTC PINK:CBDL), a pioneering force in the CBD and cannabis industries, is proud to announce the signing of a pivotal Letter of Intent (LOI) to acquire an interest in a cannabis dispensary located in New York. The dispensary, purchased from Market Wave Capital, LLC, is expected to generate $8 million in annual revenue once operational and marks a transformative moment in CBDL's journey toward industry dominance. Pending financing and state regulatory approvals, the dispensary is slated to open its doors within six months, ushering in a new chapter of accelerated growth and profitability.
https://www.accesswire.com/944122/cbd-life-sciences-inc-cbdl-closes-on-loi-for-potential-8-million-revenue-cannabis-dispensary