CBD Life Sciences, Inc. (CBDL) Set to Start Accepting Bitcoin for CBD on Its E-Commerce Store

Rhea-AI Summary

CBD Life Sciences (CBDL) has announced plans to accept Bitcoin as a payment method on its E-Commerce Store, enhancing payment security and broadening customer reach worldwide. This initiative, set to go live by the end of the week, is part of the company's strategy to leverage cryptocurrency amidst rising credit card fraud. CEO Lisa Nelson emphasized the positive impact this could have on customer acquisition. The company's product offerings include CBD Oil, gummies, and skincare items, all of which are THC-free and US-made.

Positive

• Introduction of Bitcoin payment method enhances payment security.
• Potential to attract a global customer base.
• Products are all THC-free and US-made, appealing to health-conscious consumers.

Negative

• None.

SCOTTSDALE, AZ / ACCESSWIRE / November 18, 2021 / Today CBD Life Sciences (OTC PINK:CBDL) through its wholly owned subsidiary, LBC Bioscience Inc. announces that the company is going to begin accepting Bitcoin as a method of payment on its E-Commerce Store.

CBD Life Sciences has been working diligently to integrate Bitcoin as a payment method and it is finally ready to launch! Consumers should expect this method of payment to be live on the LBC website by the end of this week! President & CEO Lisa Nelson states "I believe this will be a wonderful addition to the website and it will allow us to expand and attract more customers all around the world." Lisa Nelson also states, "With Cryptocurrency being the future, the outcome of this has to be nothing but positive and we cannot wait to launch it!"

Cryptocurrency offers overall better payment security. The pandemic has led to a surge in credit card fraud; in 2020, the dollar volume of attempted fraudulent transactions rose 35% in April 2020 as compared to April 2019. Credit and debit cards were the source of the majority of fraud reports among all payment methods in 2020. And, unfortunately, small businesses are often the target of this type of fraud. Cryptocurrency is considered more secure than credit and debit card payments. This is because cryptocurrencies do not need third-party verification. When a customer pays with cryptocurrency, their data isn't stored in a centralized hub where data breaches commonly occur. Rather, their information is stored in their crypto wallet. Plus, the blockchain general ledger is used to verify and record every transaction, making it very difficult, if not impossible, to steal someone's identity.

The number of benefits CBD has is tremendous! These benefits may help with behavioral/neurological complications such as ADD/ADHD, anxiety, autism, bipolar, OCD, PTSD, epilepsy, Parkinson's, osteoporosis, and ALS. CBD may also benefit pain management that can stem from headaches/migraines, arthritis, cramps, spinal injuries, and fibromyalgia. CBD has been found to also have gastrointestinal benefits with gastro-disorders and complications such as anorexia, cachexia, Crohn's, diabetes, and nausea. Physical complications/disorders such as muscular dystrophy and even immune system-based deficiencies and other complications such as cancer and hypertension even our bodies way and ability to maintain homeostasis have all been said to benefit from CBD.

LBC BIOSCIENCE INC. ONLINE STORE

LBC BIOSCIENCE'S Online Emporium

LBC Bioscience Inc. is well stocked already as it is with some very high-quality CBD offerings - all at very reasonable prices. Check out LBC Bioscience Inc's newest product offerings including its: 100MG CBD Bath Bombs in a variety of scents, Delta 8 Gummies, 1500 MG Premium Berry Drops, and a variety of all-new Skincare products. Or shop our top selling products (based on order frequency) which include our CBD Pain Cream, CBD Oils and CBD Pet Treats.

Become a Distributor

• Large Selection of Products (over 50 items and growing)
• 100% USA Made Products "organic & kosher."
• All Products are THC-FREE (they contain 0.00% THC)
• Weekly Deals (new deals every week)
• 25% off on all products using code "LBC25."

LBC Bioscience Inc. accepts: Visa, MasterCard, American Express, Discover etc.

Shareholders and interest holders may also stay current with LBC Bioscience Inc Updates:

LBC Bioscience Inc's Main Website at www.lbcbioscienceinc.com
Twitter: https://www.twitter.com/lbcbioscience
Facebook: https://www.facebook.com/lbcbioscience
Instagram: https://www.instagram.com/lbcbioscience
Amazon: https://www.amazon.com/shops/lbcbioscienceinc
eBay: https://www.ebay.com/usr/lbcbioscience
Alibaba: https://lbcbioscience.trustpass.alibaba.com/

About LBC Bioscience Inc.

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

Ten Associates LLC
Contact: Thomas E. Nelson
Telephone: (480) 326-8577
Email: tenassociates33@gmail.com
Website: www.tenassociatesllc.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.

SOURCE: CBD Life Sciences Inc.

View source version on accesswire.com:
https://www.accesswire.com/673443/CBD-Life-Sciences-Inc-CBDL-Set-to-Start-Accepting-Bitcoin-for-CBD-on-Its-E-Commerce-Store

FAQ

When will CBD Life Sciences start accepting Bitcoin?

CBD Life Sciences plans to start accepting Bitcoin on its E-Commerce Store by the end of this week.

What is the stock symbol for CBD Life Sciences?

The stock symbol for CBD Life Sciences is CBDL.

Why is CBD Life Sciences accepting Bitcoin?

CBD Life Sciences is accepting Bitcoin to improve payment security and attract more customers globally.

What types of products does CBD Life Sciences offer?

CBD Life Sciences offers a range of products including CBD oils, gummies, bath bombs, and skincare products.

How does Bitcoin improve payment security for CBD Life Sciences?

Bitcoin transactions do not require third-party verification, reducing the risk of data breaches and credit card fraud.