Chartmaster
3 days ago
CBD Life Sciences Inc. (CBDL) Looking to Acquire a Cannabis Growth License in North Las VegasPress Release | 12/11/2024
Target Acquisition Valued at $10 Million with Projected 2025 Gross Revenue of $5 Million, Positioning CBDL for Explosive Growth in Nevada's Burgeoning Cannabis Market
SCOTTSDALE, AZ / ACCESSWIRE / December 11, 2024 / CBD Life Sciences Inc. (OTC PINK:CBDL), a leader in CBD innovation, announces its intent to acquire a cannabis growth license in North Las Vegas, a move that could serve as a transformative step in the company's evolution. With a target business value of $10 million and a projected $5 million in gross revenue by 2025, this acquisition positions CBDL at the forefront of Nevada's thriving cannabis cultivation market, which is projected to surpass $1.3 billion by 2025.
Expanding beyond its already successful CBD product portfolio, this acquisition will enable CBDL to enter the cannabis cultivation and distribution space, capitalizing on the robust demand for high-quality cannabis products in Nevada and across the nation. This strategic pivot is set to unlock significant revenue potential while solidifying the company's status as a dual-market powerhouse in both CBD and cannabis.
The Nevada Cannabis Market: A Strategic Opportunity
Nevada is one of the most dynamic cannabis markets in the United States, driven by strong consumer demand, progressive regulations, and a booming tourism industry. North Las Vegas, located within Clark County, offers a unique advantage for cannabis cultivation due to its proximity to Las Vegas' 40+ million annual tourists and access to key distribution channels. With legalization trends continuing to sweep the nation, Nevada's cannabis market remains a critical growth hub for companies like CBDL.
Securing a cannabis growth license in this region offers unparalleled potential. Cannabis cultivation facilities in Nevada have demonstrated the ability to generate annual revenues ranging from $1.5 million to $5 million, depending on scale and efficiency. For CBDL, this venture could create new revenue streams and provide significant competitive advantages in an increasingly crowded marketplace.
Diversifying Revenue and Strengthening Market Position
The cannabis growth license acquisition aligns with CBDL's long-term strategy of diversification and growth. In addition to providing a new revenue channel, this venture allows the company to vertically integrate its operations, controlling production quality while reducing costs. Vertical integration is particularly advantageous in the cannabis industry, where consistency, compliance, and quality are key differentiators.
By producing cannabis in-house, CBDL gains greater control over the supply chain and opens doors to additional high-margin opportunities, including:
White-label partnerships with other cannabis brands.
Direct-to-consumer sales through dispensaries.
Product development leveraging CBDL's expertise in formulating premium CBD products.
This expansion also strengthens CBDL's ability to cater to diverse consumer preferences, from recreational cannabis users to medical patients seeking relief through high-quality cannabis products.
Revenue Projections That Excite
As part of this expansion, CBDL anticipates a substantial increase in its revenue trajectory. The company's current growth momentum, evidenced by a 1,405.46% revenue increase since February 2024, underscores its ability to scale effectively and capitalize on new opportunities. The projected $5 million in gross revenue from this cannabis growth license by 2025 could propel CBDL to new heights, allowing it to reinvest in operations, marketing, and product innovation.
Additionally, the Nevada cannabis market benefits from one of the most business-friendly taxation systems in the country, providing further incentives for long-term profitability. Coupled with its flourishing tourism industry and expanding local customer base, this acquisition represents a near-perfect synergy between market opportunity and company capabilities.
Endless Possibilities for Growth and Innovation
The cannabis industry is evolving at an unprecedented pace, with significant advancements in cultivation technology, product innovation, and consumer awareness. By establishing a foothold in North Las Vegas, CBDL can leverage these trends to develop cutting-edge products that appeal to a wide range of consumers. The potential for partnerships with dispensaries, research institutions, and wellness companies further underscores the limitless growth opportunities this acquisition presents.
"This is not just another step for CBD Life Sciences Inc. - it's a leap toward redefining our company's future," said Lisa Nelson, President and CEO of CBDL. "With a cannabis growth license in North Las Vegas, we are positioned to accelerate our growth, diversify our portfolio, and deliver unmatched value to our shareholders."
Looking Ahead: A Bright Future for CBDL
CBDL's entrance into the cannabis cultivation market represents a monumental shift in its operational strategy, but it's only the beginning. As the company continues to explore expansion opportunities in Nevada and other high-growth regions, shareholders and investors can expect exciting updates in the months ahead.
The acquisition of this growth license is more than a business move - it's a testament to CBDL's commitment to innovation, growth, and shareholder value. With the cannabis and CBD markets projected to reach record-breaking revenues in the coming years, CBDL is positioning itself as a trailblazer in the wellness industry.
For more information, please visit CBD Life Sciences Inc.
About CBD Life Sciences Inc.
CBD Life Sciences Inc. (OTC:CBDL) is a leader in the CBD and wellness industries, specializing in premium CBD products and innovative solutions. With a proven track record of growth and a forward-thinking approach, CBDL continues to expand its presence in emerging markets, driving shareholder value and industry leadership.
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X: https://www.x.com/CBDL_StockOTC
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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
cbdvaultaz@gmail.com
4802091720
Related Images
SOURCE: CBD Life Sciences Inc.
https://www.otcmarkets.com/stock/CBDL/news/CBD-Life-Sciences-Inc-CBDL-Looking-to-Acquire-a-Cannabis-Growth-License-in-North-Las-Vegas?id=461963
AveragePenny
3 days ago
$CBDL CBD Life Sciences Inc. (CBDL) Looking to Acquire a Cannabis Growth License in North Las Vegas
https://www.accesswire.com/952724/cbd-life-sciences-inc-cbdl-looking-to-acquire-a-cannabis-growth-license-in-north-las-vegas
Target Acquisition Valued at $10 Million with Projected 2025 Gross Revenue of $5 Million, Positioning CBDL for Explosive Growth in Nevada's Burgeoning Cannabis Market
SCOTTSDALE, AZ / ACCESSWIRE / December 11, 2024 / CBD Life Sciences Inc. (OTC PINK:CBDL), a leader in CBD innovation, announces its intent to acquire a cannabis growth license in North Las Vegas, a move that could serve as a transformative step in the company's evolution. With a target business value of $10 million and a projected $5 million in gross revenue by 2025, this acquisition positions CBDL at the forefront of Nevada's thriving cannabis cultivation market, which is projected to surpass $1.3 billion by 2025.
Expanding beyond its already successful CBD product portfolio, this acquisition will enable CBDL to enter the cannabis cultivation and distribution space, capitalizing on the robust demand for high-quality cannabis products in Nevada and across the nation. This strategic pivot is set to unlock significant revenue potential while solidifying the company's status as a dual-market powerhouse in both CBD and cannabis.
The Nevada Cannabis Market: A Strategic Opportunity
Nevada is one of the most dynamic cannabis markets in the United States, driven by strong consumer demand, progressive regulations, and a booming tourism industry. North Las Vegas, located within Clark County, offers a unique advantage for cannabis cultivation due to its proximity to Las Vegas' 40+ million annual tourists and access to key distribution channels. With legalization trends continuing to sweep the nation, Nevada's cannabis market remains a critical growth hub for companies like CBDL.
Securing a cannabis growth license in this region offers unparalleled potential. Cannabis cultivation facilities in Nevada have demonstrated the ability to generate annual revenues ranging from $1.5 million to $5 million, depending on scale and efficiency. For CBDL, this venture could create new revenue streams and provide significant competitive advantages in an increasingly crowded marketplace.
Diversifying Revenue and Strengthening Market Position
The cannabis growth license acquisition aligns with CBDL's long-term strategy of diversification and growth. In addition to providing a new revenue channel, this venture allows the company to vertically integrate its operations, controlling production quality while reducing costs. Vertical integration is particularly advantageous in the cannabis industry, where consistency, compliance, and quality are key differentiators.
By producing cannabis in-house, CBDL gains greater control over the supply chain and opens doors to additional high-margin opportunities, including:
White-label partnerships with other cannabis brands.
Direct-to-consumer sales through dispensaries.
Product development leveraging CBDL's expertise in formulating premium CBD products.
This expansion also strengthens CBDL's ability to cater to diverse consumer preferences, from recreational cannabis users to medical patients seeking relief through high-quality cannabis products.
Revenue Projections That Excite
As part of this expansion, CBDL anticipates a substantial increase in its revenue trajectory. The company's current growth momentum, evidenced by a 1,405.46% revenue increase since February 2024, underscores its ability to scale effectively and capitalize on new opportunities. The projected $5 million in gross revenue from this cannabis growth license by 2025 could propel CBDL to new heights, allowing it to reinvest in operations, marketing, and product innovation.
Additionally, the Nevada cannabis market benefits from one of the most business-friendly taxation systems in the country, providing further incentives for long-term profitability. Coupled with its flourishing tourism industry and expanding local customer base, this acquisition represents a near-perfect synergy between market opportunity and company capabilities.
Endless Possibilities for Growth and Innovation
The cannabis industry is evolving at an unprecedented pace, with significant advancements in cultivation technology, product innovation, and consumer awareness. By establishing a foothold in North Las Vegas, CBDL can leverage these trends to develop cutting-edge products that appeal to a wide range of consumers. The potential for partnerships with dispensaries, research institutions, and wellness companies further underscores the limitless growth opportunities this acquisition presents.
"This is not just another step for CBD Life Sciences Inc. - it's a leap toward redefining our company's future," said Lisa Nelson, President and CEO of CBDL. "With a cannabis growth license in North Las Vegas, we are positioned to accelerate our growth, diversify our portfolio, and deliver unmatched value to our shareholders."
Looking Ahead: A Bright Future for CBDL
CBDL's entrance into the cannabis cultivation market represents a monumental shift in its operational strategy, but it's only the beginning. As the company continues to explore expansion opportunities in Nevada and other high-growth regions, shareholders and investors can expect exciting updates in the months ahead.
The acquisition of this growth license is more than a business move - it's a testament to CBDL's commitment to innovation, growth, and shareholder value. With the cannabis and CBD markets projected to reach record-breaking revenues in the coming years, CBDL is positioning itself as a trailblazer in the wellness industry.
For more information, please visit CBD Life Sciences Inc.
AveragePenny
1 week ago
$CBDL CBD Life Sciences, Inc. (CBDL) Reports Stunning 622% Revenue Growth From June to November 2024
https://www.accesswire.com/950416/cbd-life-sciences-inc-cbdl-reports-stunning-622-revenue-growth-from-june-to-november-2024
Exploding with momentum: CBDL shatters records with 622% revenue growth in five months, propelling to a 1,405% year-to-date increase-a game-changer in the CBD industry.
SCOTTSDALE, ARIZONA / ACCESSWIRE / December 5, 2024 / CBD Life Sciences, Inc. (CBDL), a leading innovator in the CBD industry, is proud to announce an extraordinary 622% increase in revenue over the five-month period from June to November 2024. This milestone reflects the company's dedication to strategic growth, innovative product development, and expanding market reach.
This revenue surge follows a banner year for CBDL, with year-to-date growth reaching unprecedented levels. Since February 2024, CBDL has experienced a staggering 1,405.46% increase in revenue, further solidifying its position as a dominant force in the CBD and wellness sectors. This success is a testament to CBDL's strategic vision and ability to adapt to the rapidly growing demand for cannabidiol products across various markets.
Key Drivers of Success
Potential Dispensary Acquisition: CBDL has signed a Letter of Intent (LOI) for a strategic partnership involving a cannabis dispensary, opening doors to a new revenue stream and positioning the company as a frontrunner in the retail cannabis market. This move demonstrates CBDL's commitment to seizing high-value opportunities and expanding its influence in the cannabis sector.
Strategic Product Launches: CBDL's product development pipeline has been a critical driver of growth. Flagship products like the Delta-8 Gummies, Pain Relief Cream, Mellow Mornings Nano CBD Coffee Creamer and the veterinarian-designed CBD Horse Paste have captured the attention of consumers and retailers alike, setting new benchmarks for product efficacy and quality.
Retail Expansion: The company's bold move into Walmart Marketplace has significantly expanded its domestic footprint, while plans to launch on Alibaba pave the way for international growth. These initiatives align with CBDL's mission to make its top-tier products accessible to a global audience.
Innovative Science and Technology: CBDL's commitment to leveraging cutting-edge technology, such as nanotechnology, ensures that its products deliver maximum bioavailability and effectiveness. The development of mushroom-based supplements targeting stress reduction and cognitive health showcases the company's ability to diversify its portfolio in response to emerging consumer trends.
Operational Excellence: By streamlining its supply chain and optimizing production processes, CBDL has not only scaled operations but also improved profit margins, ensuring sustainable growth.
Leadership Perspective
Lisa Nelson, President and CEO of CBD Life Sciences, Inc., remarked, "Our 622% revenue growth from June to November is not just a number; it's a reflection of the trust our customers and partners place in us. This achievement is a direct result of our team's unwavering commitment to excellence. As we continue to innovate and enter new markets, our shareholders can anticipate even greater returns on their investment."
Industry Outlook
The global CBD market, which was valued at USD 7.42 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 16.8% from 2024 to 2030. CBDL's robust growth trajectory positions the company as a leader in this booming sector. The market's rapid expansion offers a unique opportunity for investors to capitalize on what is poised to become one of the most lucrative industries in the health and wellness space.
Future Initiatives
CBDL remains steadfast in its commitment to:
Expanding Partnerships: Collaborating with global retailers and exploring strategic alliances to widen distribution networks.
Driving Innovation: Investing in research and development to create groundbreaking products that meet evolving consumer needs.
Enhancing Shareholder Value: Maintaining transparency and delivering consistent financial performance to build investor confidence.
Why Invest in CBDL?
With an impressive track record of growth, a diversified product portfolio, and a strategic roadmap for expansion, CBDL offers an unparalleled investment opportunity. The company's focus on high-growth markets, combined with its operational efficiencies, ensures it is well-positioned to deliver long-term value.
Chartmaster
2 weeks ago
CBD Life Sciences Inc. (CBDL) Announces New Delta-8 100MG Gummies Designed to Support Individuals Living With Alzheimerโs
Targeting a booming $6 billion U.S. edibles market with a projected $3 million in first-year revenue, CBDL delivers an innovative solution for Alzheimer's care.
SCOTTSDALE, ARIZONA / ACCESSWIRE / December 3, 2024 / CBD Life Sciences Inc. (OTC PINK:CBDL), a leader in cannabinoid innovation, proudly announces the launch of its groundbreaking Delta-8 100mg Gummies, specially formulated to support individuals living with Alzheimer's disease. These expertly crafted gummies offer gentle relief and enhanced well-being, addressing the unique needs of patients and their families navigating the challenges of neurodegenerative conditions.
CBD Life Sciences' entry into this specialized segment of the $6 billion U.S. edibles market positions the company as a pioneer in creating products tailored to an underserved demographic. As the population ages and awareness of natural alternatives grows, Delta-8 products are rapidly gaining traction as effective solutions for managing symptoms associated with Alzheimer's and related conditions.
A Product Born from Real Needs and Scientific Innovation
The development of these gummies is deeply rooted in the stories of CBD Life Sciences' clients, who shared how Delta-8 products have positively impacted their loved ones living with Alzheimer's. This heartfelt feedback spurred the creation of a product aimed at addressing symptoms such as anxiety, restlessness, agitation, and mood swings, all while promoting cognitive calmness and overall quality of life.
Delta-8, a naturally occurring cannabinoid, is celebrated for its mild yet effective benefits. Unlike more aggressive treatments, Delta-8 provides a balance of support without overwhelming psychoactive effects, making it an ideal choice for seniors seeking natural relief.
Lisa Nelson, President and CEO of CBD Life Sciences Inc., shared:
"Our mission has always been to create products that genuinely improve lives. With our Delta-8 Gummies, we're addressing a critical gap in Alzheimer's care by offering a natural, effective alternative that families and caregivers can trust. This launch also marks an exciting growth opportunity for our company as we expand into a high-demand market segment."
Revenue and Growth Potential
The Alzheimer's population in the United States is expected to exceed 12.7 million by 2050, creating a significant and growing demand for targeted wellness products. Early projections indicate that this product line could contribute an additional $3 million in revenue within its first year, as CBD Life Sciences continues to meet the rising interest in cannabinoid-based solutions for elderly care.
The senior segment of the edibles market is rapidly emerging as a key growth area. A recent study reported a 300% increase in cannabinoid use among individuals aged 65 and older over the past decade. This demographic is increasingly turning to natural products like Delta-8 for their ability to support physical and cognitive health without the side effects often associated with pharmaceuticals.
Meeting the Needs of an Underserved Market
CBD Life Sciences' Delta-8 Gummies are designed with seniors in mind. These gummies are made from all-natural ingredients, offering easy consumption, precise dosing, and a discreet form factor. Rigorous third-party testing ensures their purity, potency, and consistency, providing families and caregivers with confidence in their safety and efficacy.
The gummies' formulation emphasizes cognitive support and emotional balance, helping to manage the everyday challenges of Alzheimer's while offering peace of mind to those providing care.
CBD Life Sciences: Setting the Standard in Innovation
The launch of the Delta-8 Gummies for Alzheimer's marks another milestone in CBD Life Sciences' remarkable growth trajectory. Since February 2024, the company has achieved a 1405.46% increase in revenue, driven by its commitment to delivering high-quality, innovative products that resonate with consumers.
This latest product also highlights the company's strategic focus on expanding its reach in the health and wellness sector, where demand for cannabinoid-based solutions continues to skyrocket. By addressing the specific needs of aging individuals and their families, CBD Life Sciences solidifies its position as a trusted leader in the industry.
About CBD Life Sciences Inc.
CBD Life Sciences Inc. is a forward-thinking company dedicated to developing and commercializing cannabinoid-based health and wellness solutions. With a diverse product portfolio that includes pain relief creams, nano CBD beverages, and Delta-8 edibles, CBD Life Sciences aims to improve lives while delivering exceptional value to its shareholders.
Follow our social media for the latest updates!
X: https://www.x.com/CBDL_StockOTC
Instagram: https://www.instagram.com/cbd.vault
IR Contact: cbdvaultaz@gmail.com
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
cbdvaultaz@gmail.com
4802091720
Related Images
SOURCE: CBD Life Sciences Inc.
View the original press release on accesswire.com
© Copyright 2024 ACCESSWIRE. All Rights Reserved.
https://www.otcmarkets.com/stock/CBDL/news/story?e&id=3063832
AveragePenny
2 weeks ago
$CBDL CBD Life Sciences Inc. (CBDL) Announces New Delta-8 100MG Gummies Designed to Support Individuals Living With Alzheimerโs
https://www.accesswire.com/949292/cbd-life-sciences-inc-cbdl-announces-new-delta-8-100mg-gummies-designed-to-support-individuals-living-with-alzheimers
Targeting a booming $6 billion U.S. edibles market with a projected $3 million in first-year revenue, CBDL delivers an innovative solution for Alzheimer's care.
SCOTTSDALE, ARIZONA / ACCESSWIRE / December 3, 2024 / CBD Life Sciences Inc. (OTC PINK:CBDL), a leader in cannabinoid innovation, proudly announces the launch of its groundbreaking Delta-8 100mg Gummies, specially formulated to support individuals living with Alzheimer's disease. These expertly crafted gummies offer gentle relief and enhanced well-being, addressing the unique needs of patients and their families navigating the challenges of neurodegenerative conditions.
CBD Life Sciences' entry into this specialized segment of the $6 billion U.S. edibles market positions the company as a pioneer in creating products tailored to an underserved demographic. As the population ages and awareness of natural alternatives grows, Delta-8 products are rapidly gaining traction as effective solutions for managing symptoms associated with Alzheimer's and related conditions.
A Product Born from Real Needs and Scientific Innovation
The development of these gummies is deeply rooted in the stories of CBD Life Sciences' clients, who shared how Delta-8 products have positively impacted their loved ones living with Alzheimer's. This heartfelt feedback spurred the creation of a product aimed at addressing symptoms such as anxiety, restlessness, agitation, and mood swings, all while promoting cognitive calmness and overall quality of life.
Delta-8, a naturally occurring cannabinoid, is celebrated for its mild yet effective benefits. Unlike more aggressive treatments, Delta-8 provides a balance of support without overwhelming psychoactive effects, making it an ideal choice for seniors seeking natural relief.
Lisa Nelson, President and CEO of CBD Life Sciences Inc., shared:
"Our mission has always been to create products that genuinely improve lives. With our Delta-8 Gummies, we're addressing a critical gap in Alzheimer's care by offering a natural, effective alternative that families and caregivers can trust. This launch also marks an exciting growth opportunity for our company as we expand into a high-demand market segment."
Revenue and Growth Potential
The Alzheimer's population in the United States is expected to exceed 12.7 million by 2050, creating a significant and growing demand for targeted wellness products. Early projections indicate that this product line could contribute an additional $3 million in revenue within its first year, as CBD Life Sciences continues to meet the rising interest in cannabinoid-based solutions for elderly care.
The senior segment of the edibles market is rapidly emerging as a key growth area. A recent study reported a 300% increase in cannabinoid use among individuals aged 65 and older over the past decade. This demographic is increasingly turning to natural products like Delta-8 for their ability to support physical and cognitive health without the side effects often associated with pharmaceuticals.
Meeting the Needs of an Underserved Market
CBD Life Sciences' Delta-8 Gummies are designed with seniors in mind. These gummies are made from all-natural ingredients, offering easy consumption, precise dosing, and a discreet form factor. Rigorous third-party testing ensures their purity, potency, and consistency, providing families and caregivers with confidence in their safety and efficacy.
The gummies' formulation emphasizes cognitive support and emotional balance, helping to manage the everyday challenges of Alzheimer's while offering peace of mind to those providing care.
CBD Life Sciences: Setting the Standard in Innovation
The launch of the Delta-8 Gummies for Alzheimer's marks another milestone in CBD Life Sciences' remarkable growth trajectory. Since February 2024, the company has achieved a 1405.46% increase in revenue, driven by its commitment to delivering high-quality, innovative products that resonate with consumers.
This latest product also highlights the company's strategic focus on expanding its reach in the health and wellness sector, where demand for cannabinoid-based solutions continues to skyrocket. By addressing the specific needs of aging individuals and their families, CBD Life Sciences solidifies its position as a trusted leader in the industry.