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CBD LIFE SCIENCES INC - CBDL STOCK NEWS

Welcome to our dedicated page for CBD LIFE SCIENCES news (Ticker: CBDL), a resource for investors and traders seeking the latest updates and insights on CBD LIFE SCIENCES stock.

CBD Life Sciences Inc. (CBDL) is a company focused on identifying, evaluating, and exploiting opportunities in the CBD space. Led by CEO Lisa Nelson, the company recently underwent a reverse split to rebrand its CBD products and launch a new product website. The rebranding is near completion, with an expected launch in mid-May 2024. CBDL aims to drive sales growth through wholesale and retail channel partnerships, with a full line of hemp-based organic products including CBD drops, pain relief creams, anxiety and sleep supplements, gummies, cartridges, and a pet line.

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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.

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CBD Life Sciences (OTC PINK:CBDL) has secured a Hemp Grow License from the Arizona Department of Agriculture, significantly expanding its operational capabilities. This approval allows the company to establish its own production facility, enhancing distribution potential and product output. CEO Lisa Nelson expressed optimism about future revenues and plans to become a leading wholesaler in the industry. The company also offers a diverse range of CBD products, which are THC-free and made in the USA. CBD Life Sciences aims to fulfill the growing demand for CBD products throughout Arizona.

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CBD Life Sciences (OTC PINK:CBDL) is significantly increasing its cartridge production capacity through its subsidiary, LBC Bioscience Inc., to meet high demand from multinational pharmaceutical companies. CEO Lisa Nelson announced the addition of a new machine, aiming for a production rate of at least 1,000 cartridges daily. This expansion is anticipated to enhance revenue and growth opportunities. The global cannabidiol market is projected to grow from USD 3,675.1 million in 2021 to USD 55,791.3 million by 2028, driven by the rising adoption of CBD products for various therapeutic applications.

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CBD Life Sciences (OTC PINK:CBDL) is poised to enter the CBD cartridge market through its subsidiary LBC Bioscience Inc., focusing on expanding its high premium CBD distillate. The company plans to launch products featuring 10 different strains, including Strawberry Banana and OG Kush, utilizing a newly acquired machine for efficient production. President & CEO Lisa Nelson highlighted the access to over 100 strains. The company emphasizes the numerous benefits of CBD for various medical conditions, enhancing its product offerings for consumer choices.

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CBD Life Sciences (OTC PINK:CBDL) is expanding its product line with the addition of Kratom, a supplement used for pain and anxiety relief. Each jar will contain 75 capsules, with each capsule offering 500MG of Kratom. CEO Lisa Nelson highlighted the timing of this launch as pivotal in reaching a broader customer base. Kratom's traditional uses include pain management and treatment for opioid withdrawal, with research indicating a significant percentage of users report positive outcomes. The company is also nearing the opening of its third retail location, which is expected to enhance expansion and revenue opportunities.

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CBD Life Sciences (OTC PINK:CBDL) announces expanding its B2B e-commerce initiatives by launching skincare products on eBay. The company is preparing to list three of its best-selling items: Hemp Green Tea Facial Cleanser, Anti-Aging Serum, and Nourishing Eye Crème. President & CEO Lisa Nelson highlights this move as a significant opportunity to reach a global consumer base. The company also aims to secure multiple revenue streams through platforms like Amazon and Alibaba.

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CBD Life Sciences (OTC PINK:CBDL), via its subsidiary LBC Bioscience Inc., plans to launch over 40 products on the Alibaba Platform, marking a significant expansion in their sales channels. Products will include Tinctures, Edibles, Skincare, and more. CEO Lisa Nelson highlighted the importance of this move, aiming for multiple revenue streams following their success on Amazon. The growing B2B e-commerce sector is projected to reach $1.8 trillion by 2023. The company is also nearing a third retail location to boost its revenue.

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CBD Life Sciences (CBDL) has ramped up production of CBD-based products in response to increased ecommerce demand following the launch of its new website and planned inclusion on Alibaba. The company aims to enhance its digital presence and sales as it opens a third retail location. President & CEO Lisa Nelson highlights significant market interest, noting that product sales are exceeding expectations. CBD Life Sciences plans to offer a variety of products on Alibaba, including edibles and tinctures, strengthening its market position while aiming for substantial revenue growth.

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CBD Life Sciences (OTC PINK: CBDL) plans to launch its products on Alibaba by early October, expanding its reach in the e-commerce market. The company's offerings will include edibles, cartridges, and tinctures, enhancing its existing product line. President & CEO Lisa Nelson highlighted the potential for increased revenue and consumer traffic to their e-commerce store. The press release also noted the rapid growth of B2B e-commerce, with significant sales projections for the U.S. market. CBD Life Sciences is also nearing the opening of its third retail location.

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CBD Life Sciences (OTC PINK: CBDL) is set to launch a new subscription program for its products by the end of this week, offering tailored boxes for various needs, including options for pets. This initiative aims to enhance customer choice and drive revenue growth. The subscription box industry has seen substantial growth, reaching over $10 billion in revenue by 2019. Additionally, the company is expanding with a third retail location and a recreational marijuana facility, which is expected to significantly boost revenue. The President & CEO expressed high expectations for the program's impact.

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FAQ

What is the current stock price of CBD LIFE SCIENCES (CBDL)?

The current stock price of CBD LIFE SCIENCES (CBDL) is $0.0004 as of December 20, 2024.

What is the market cap of CBD LIFE SCIENCES (CBDL)?

The market cap of CBD LIFE SCIENCES (CBDL) is approximately 1.4M.

What is CBD Life Sciences Inc. focused on?

CBD Life Sciences Inc. is focused on identifying, evaluating, and exploiting opportunities in the CBD space.

Who is the CEO of CBD Life Sciences Inc.?

The CEO of CBD Life Sciences Inc. is Lisa Nelson.

What recent change did CBD Life Sciences Inc. undergo?

CBD Life Sciences Inc. recently underwent a reverse split to rebrand its CBD products and launch a new product website.

When is the expected launch of the rebranded products?

The expected launch of the rebranded products is in mid-May 2024.

What products does CBD Life Sciences Inc. offer?

CBD Life Sciences Inc. offers a full line of hemp-based organic products, including CBD drops, pain relief creams, anxiety and sleep supplements, gummies, cartridges, and a pet line.

How does CBD Life Sciences Inc. plan to drive sales growth?

CBD Life Sciences Inc. plans to drive sales growth through wholesale and retail channel partnerships.

Where can shareholders and investors follow CBD Life Sciences Inc. for news and updates?

Shareholders, investors, and business partners can follow CBD Life Sciences Inc. on X: @cbdlifescience for news and updates.

What is the Safe Harbor Statement of CBD Life Sciences Inc.?

The Safe Harbor Statement of CBD Life Sciences Inc. states that forward-looking statements are based on current beliefs, expectations, and assumptions regarding the future.

How does CBD Life Sciences Inc. approach its ultimate objective of increasing shareholder value?

CBD Life Sciences Inc. approaches its ultimate objective of increasing shareholder value by seeking additional opportunities within the CBD sector.

Where can interested parties find more information about CBD Life Sciences Inc.?

Interested parties can find more information about CBD Life Sciences Inc. in its filings with the Securities and Exchange Commission and quarterly disclosure report on the OTC Markets.

CBD LIFE SCIENCES INC

OTC:CBDL

CBDL Rankings

CBDL Stock Data

1.39M
141.69M
Drug Manufacturers - Specialty & Generic
Healthcare
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United States of America
Scottsdale