CBD of Denver

Opportunity

Building “The” European Cannabis Company

Raising US$2M via Series B preferred stock

Business Highlights

CBD of Denver is a listed company in the US (OTC: CBDD) with cannabis operations in Europe
Wholesaler of CBD products in Switzerland, with strong retail and branded presence
Integrated turn-key technology & omni-channel distribution services for global CBD Brands
Headquartered in Zurich with deep connections in Switzerland and neighbouring countries

#1 independent CBD company in Europe by revenue
Over 800 customers across Europe
#1 whole company in Switzerland

Transaction Overview

Raising US$2M through a Series B Preferred Stock offering
Converting note accruing 5% p.a. coupon paid in shares
Converting at a 20% discount to share price at the conversion date, converting at the election of the holder or after 3 years from the date of issuance

Company Overview

CBDD’s intention is to be the first commercially viable cannabis company in Europe

What CBDD stands for:

Leverage to growing volumes: the premier intermediary in the high-growth European cannabis sector
Defensible margins: focused on mid-stream sector which not be commoditized
Profitability: asset-light business model with strong cost control

Key Updates:

The company have a trading business in CBD flower which brings in a revenue of $8M-$12M a year
CBDD is applying for recreational pilot programs in Switzerland, which will allow us to sell to up to 5,000 customers per license
Recent acquisition of digital marketing platform Mellow (mellow.store), gives us reach across Europe, and ability to generate cash flow in digital
Expanding our retail presence across Germany/Switzerland/Austria to “own-branded” Mellow stores
Diversifying CBD distribution business into adjacent categories like vape

Industry Overview

The next cannabis wave is occurring in Europe, which is the fastest growing cannabis market

“We think Europe has the potential to be larger than the American recreational market given that it has a population that’s more than double the size of the US… with a potential addressable market of US$229B, so the room for growth is immense.” Boris Jordan Executive Chairman Founder, Curaleaf

The European cannabis market is at an inflection point, with cannabis reform a question of how and not if

Policy support in key jurisdictions could see reform occur before the US
The new German government has proposed to legalize recreational use of cannabis… and as Germany goes, so goes the European Union. Upon legalization, Germany would become the single largest recreational cannabis market in the world.
Switzerland has approved a pilot scheme for recreational use of cannabis, becoming the first recreational cannabis market in Europe