CBD Life Sciences Inc. (CBDL) Closes on LOI for Potential $8 Million Revenue Cannabis Dispensary
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CBD Life Sciences Inc. (CBDL) has signed a Letter of Intent to acquire an interest in a cannabis dispensary in New York, potentially generating $8 million in revenue. This move positions CBDL for significant growth in the expanding New York cannabis market, projected to exceed $5 billion by 2027.
November 19, 2024 | 1:15 pm
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CBD Life Sciences Inc. (CBDL) has signed a Letter of Intent to acquire an interest in a cannabis dispensary in New York, potentially generating $8 million in revenue. This positions CBDL for growth in the expanding New York cannabis market.
The acquisition of a cannabis dispensary in New York, a market expected to grow significantly, positions CBDL for substantial revenue growth. The potential $8 million revenue from this acquisition is a positive indicator for short-term stock performance.
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