CBD of Denver Announces Q3 Revenue and Updates on Spinoff and German Market
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CBD of Denver reported an increase in Q3 2024 revenue to $763,450, up from $677,893 in Q3 2023. The company also provided updates on its spinoff and the German market following the Cannabis Act's implementation.
November 10, 2024 | 3:45 pm
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CBD of Denver reported a year-over-year increase in Q3 revenue, indicating positive financial performance. The company is also focusing on the German market post-Cannabis Act.
The increase in Q3 revenue suggests improved financial health, which is a positive indicator for investors. The focus on the German market, following regulatory changes, could open new growth opportunities.
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