CBD Life Sciences, Inc. (CBDL) Signs MOU With Large Mushroom Supplement Company
Rhea-AI Summary
CBD Life Sciences Inc. (OTC PINK:CBDL) has signed a Memorandum of Understanding (MOU) with a large mushroom supplement company. This partnership aims to expand CBDL's revenue opportunities beyond CBD into the adaptogenic mushroom market. Adaptogenic mushrooms are known for potentially helping the body respond to stress, anxiety, fatigue, and overall well-being, without psychoactive effects.
The CBD Vault Inc., a wholly-owned subsidiary of CBDL, offers a full line of cannabidiol-based and organic products, including Delta 8 & 10 Gummy's, Full Spectrum Tinctures & Gummy's, Pain Cream, and various other CBD-infused items. These products are available for retail and wholesale purchase through the company's website, www.thecbdvault.com.
Positive
- Signed MOU with large mushroom supplement company
- Expansion into adaptogenic mushroom market
- Potential for increased revenue opportunities
Negative
- None.
News Market Reaction
On the day this news was published, CBDL declined 12.50%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
SCOTTSDALE, AZ / ACCESSWIRE / August 1, 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 signed a MOU (Memorandum of understanding) with a mushroom supplement company. This company will work hand in hand with our vision as were able to expand our revenue opportunities into not only the CBD space but the mushroom space as well!
Adaptogenic mushrooms are mushrooms that may help the body respond to stress, anxiety, fatigue, and overall well-being. They are different than "magic" mushrooms and do not effect the mind instead they help with healing of the overall body. Millions of people across the country use mushrooms supplements every day for their vast benefits to everyday life.
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, Delta 8 & 10 Gummy's, Full Spectrum Tinctures & Gummy's, Pain Cream, Roll-on's, Salve, Full Pet Line, Pre-Rolls, Full Line of Spa Products, Sleep & Anxiety Edibles. The CBD Vault's products can be viewed and purchased on the Company's website www.thecbdvault.com.
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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
SOURCE: CBD Life Sciences Inc.
View the original press release on accesswire.com
FAQ
What is the significance of CBDL's MOU with a mushroom supplement company?
What products does The CBD Vault Inc. (CBDL) offer?
How can investors purchase products from CBDL's subsidiary, The CBD Vault?
What are adaptogenic mushrooms and how do they differ from 'magic' mushrooms?
