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Building “The” European Cannabis Company
Transaction Summary
CBD of Denver
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Raising US$2M
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Series B Peferred Stock
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Note accuring 5% pa coupon
Investment Highlights
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CBD flower wholesale trading delivers over US$8M revenues per year
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A listed company in the US (OTC: CBDD) with cannabis operations in Europe
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Integrated turn-key technology delivers omni-channel distribution services for global CBD Brands
Company Overview
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Leverage to Growing Volumes
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Defensible Margins
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Profitability
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Strong Team
Number 1 cannabis company in Europe by revenue
CBDD’s intention is to be the first commercially viable cannabis company in Europe
What CBDD stands for
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Leverage to growing volumes
The premier intermediary in the high-growth European cannabis sector
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Defensible margins
Focused on mid-stream sector which not be commoditized
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Profitability
Asset-light business model with strong cost control
Key Updates
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Swiss recreational licenses
CBDD is applying for recreational pilot programs in Switzerland, that allow sales to up to 5,000 customers per license
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E-commerce acquisition
Acquired digital marketing platform Mellow (mellow.store) to reach across Europe, and the ability to generate cash flow in digital sales
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Retail presence
Expanded retail strategy across Germany/Switzerland/Austria with branded Mellow stores
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Diversified offering
Growing the 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’ with policy support in key jurisdictions that could see reform occur before the US.
The new German government has proposed to legalize the 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 the recreational use of cannabis, becoming the first recreational cannabis market in Europe
Transaction Overview
Series B Preferred Stock
Team
- Management
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Paul Gurney
CEO and Chairman
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Neil Tunbridge
Mellow Co-Founder
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Silvan Mastel
Head of Wholesale
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James Storie-Pugh
Mellow Co-Founder