CBD Incorporated, Another Aggressive Attempt to Capitalize on Cannabis

We continue to caution investors in the cannabis industry that too many bad actors trying to raise millions of dollars are running rampant.  Last week, we examined Cultivation Technologies Inc., which is trying to raise $20mm from investors with very bold financial projections and a significant omission about its CEO’s past.  Today, we turn our attention to CBD Incorporated, a company incorporated in Delaware just three months ago and which purports to be on the verge of producing more than $100mm in sales on a very small capital investment, as described in its press release entitled “CBD Incorporated to build “liquid gold factory,” offers investment opportunity”:

liquid-gold-factory-investment

CBD, Inc. intends to become a premier supplier of wholesale CBD to the supplement and cosmetic industries, as well as a leading licensor of cutting-edge CBD extraction

... read more at: https://www.newcannabisventures.com/cbd-incorporated-another-aggressive-attempt-to-capitalize-on-cannabis/