CBD of Denver Inc. (OTCPINK: CBDD) Starts Trading With a Bang

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CBD of Denver Inc. (OTCPINK: CBDD) is a publicly traded company listed on OTC Markets and traded under the stock symbol CBDD. The Company is currently developing innovative CBD products and related social networking.

CBDD is the new ticker for VGMI. The Company is led by new CEO Nicholas Sprung, a serial entrepreneur who used to be CEO of a Ski Company with an  ambitious vision to make CBD of Denver a leader in the booming CBD space. The Company has established its  principal corporate office located at 4610 South Ulster Street, Suite 150, Denver, CO 80237, where it has rented office space.

CBDD issued a Quarterly report on November 15 that can he found here. It states:

CBD of Denver, Inc. is a Delaware corporation (hereinafter referred to as the “Company” or “CBD of Denver, Inc.”) and was incorporated in the State of Delaware on December 23, 2009 as Hidalgo Mining International Inc. The company was Hidalgo Mining International Inc. until notice of name change was filed with the State of Delaware September 9, 2010, changing the name from Hidalgo Mining International Inc. to Verde Media Group Inc.  The Company was Verde Media Group, Inc. until notice of name change was filed with the State of Delaware on June 27, 2018.  Formerly the Company was Communications Corporation of America Inc.effective in the State of Nevada on March 2, 2007until the Company’s State of Incorporation changed to Delaware from Nevada concurrent with the name change to Hidalgo Mining International, Inc. discussed above.

According to the 10Q CBDD has little assets, manageable debt and no revenues to date.

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As the Company is brand new there is not a ton of information out there. According to reports new CEO Nicholas Sprung has officially taken over Verde Media Group and is now taking the company into a brand new direction in one of the hottest and booming industry in America Today (MMJ/CBD OIL). DTC Chill has officially been removed on $VMGI. No reverse split or authorize share raise will take place within the next 12 months. There will also be no change to share structure which has been confirmed by the CEO himself (Nicholas Sprung). Nicholas sprung has a very strong reputation when it comes to building brands and due dilligAnce proves that he has successfully ran and operated a Multi Million Dollar ski company within the USA called Stockli USA INC. The Skis Mr. Sprung sells are TOP of the LINE Skis which have won several Olympic First Cup Gold Medals and are recommended by professional Skiers across the globe.

In one email exchange with an Investors CEO Nicholas Sprung stated “I am well aware of the challenges that I am faced with.  I have to move slow, first is to get the company fully reporting and all the filings done.  I have already put my feelers out with regards to many of the points you addressed.  Yes, there any many Hemp CBD companies, but only a hand full are publicly traded.  We are poised to jump into other markets should the laws in the US change and Cannabis becomes legal.  Until then, We will be in the hemp CDB business.  Thank you for your email.”

CBD is the place to be and the market is booming! The CBD market is predicted to be worth a staggering $2.1 billion in consumer sales by 2020 with $450 million of those sales coming from hemp-based sources. That’s a 700% increase from 2016. In 2017 Diamond CBD shattered all expectations and achieved revenues of $14.5 million, underscoring the potential of the CBD market. Diamond CBD’s success comes down to ensuring that consumers have access to a product whose quality speaks for itself. Their new fleet of mobile sales vans will help to drive the companies performance to new heights and bring Diamond CBD to a storefront near you.

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Currently trading at a $3.5 million market valuation based on 3,903,688,107 shares outstanding CBDD is the newest CBD Company to hit the OTCPINKS. CBD of Denver has a catchy name and the Company already established its corporate offices in Denver. The Company is led by new CEO Nicholas Sprung, a serial entrepreneur who used to be CEO of a Ski Company with an ambitious vision to make CBD of Denver a leader in the booming CBD space. CBDD is quickly attracting a fast growing shareholder base who bid this one up 77% on Friday. We will be updating on CBDD when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CBDD.

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Disclosure: we hold no position in CBDD either long or short and we have not been compensated for this article.

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