CBD OF DENVER, INC. (CBDD) Corporate Updates

DENVER, April 6, 2020 /PRNewswire/ — CBD of Denver, Inc. (OTC:CBDD), a full-line

CBD / Hemp oil company (“CBDD”) that sells Black Pearl CBD / Hemp Products and the owner of CBD Social Network, is very pleased to announce the Reverse Merger is complete and we have been able discharge all toxic debt.

Since we signed the merger agreement, I’M Canabiz AG, has changed their name to Swiss Industry Ventures, AG.

The new CEO of CBD of Denver, Inc. will be Marcel R. Gamma, Nicholas Sprung will remain as interim President and Brent LaGrange will act as interim Secretary and head of Product Development.

We are very excited to be working with Swiss Industry Ventures, AG. We have already started a dialog to ship raw materials to Switzerland. There is a huge untapped market from Switzerland to the EU and we plan to take full advantage of this in the coming months. Experts think the Swiss and EU CBD market could top 5 billion CHF.

We are currently working with three other companies as possible acquisition candidates. We will keep shareholders informed regarding any updates.

CBD of Denver, Inc. would like to express our deepest concerns regarding the impact that COVID-19 outbreak has had on individuals and families and hope that you practice social distancing and either wash or sanitize your hands constantly.

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation publicly about update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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SOURCE CBD of Denver, Inc.

/Web site: http://www.cbdofdenver.com/

> Dow Jones Newswires

April 06, 2020 08:10 ET (12:10 GMT)

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