CBD Life Sciences (OTCMKTS:CBDL) Stock On Radar After The Partnership News

On Tuesday, CBD Life Sciences (OTCMKTS:CBDL) made an announcement through LBC Bioscience Inc, its fully owned subsidiary unit. The announcement was with regards to the fact that LBC Bioscience had gone into a vendor partnership with Sunset Wholesale West, which is the biggest wholesaler in the state of Arizona.

Trading Data

On Tuesday, CBDL stock ended flat at $0.0001 with 29.39 million shares, compared to volume of 29.87 million shares. The stock moved within a range of $0.0000 – 0.0001 after opening trade at $0.0001.

CBD Life Sciences, Inc. (CBDL) Executes Partnership with Arizona’s Largest CBD Wholesaler

It was a major new development for the company since it would now allow LBC Bioscience to become a dominant force in the CBD industry once again. The company would be able to have a distribution outlet through which it would be able to sell its popular Elev8 gummies at a mass scale.

This vendor partnership could help the company in actually taking over the competition in the state of Arizona. Since as far back as 2004 Sunset Wholesale had been a popular wholesaler in Arizona and at this point, the company works out of a warehouse that spans across an area of 40000 square feet.

The warehouse houses as many as 12000 different products and hence, it is perhaps no surprise that it enjoys the status of being the biggest wholesaler in the state. The products from LBC Bioscience will instantly be visible on the shelves of more than 14000 retailers through this deal alone.