CBD Global Sciences Inc.
CBDN.CN
Canadian Securities Exchange0.05
CAD
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CBD Global Sciences Inc.
CBDN.CN
(Canadian Securities Exchange)
Recent
price
0.05
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- CBD Global Sciences Inc. (CSE:CBDN) operates as a multi-faceted company focused on brand development, product distribution, and manufacturing primarily in the beverage, snack, and former CBD sectors; it produces and sells industrial hemp-derived cannabidiol (CBD) infused consumable and topical products including CBD oil tincture drops, hydration beverages, topicals, biomass, capsules, and confectionary items under brands such as Aethics and CannaOil. Through wholly owned subsidiaries Global Sciences Holdings, Resinosa LLC, and Legacy Distribution Group, the company provides direct store distribution (DSD) services for over 90 vendors of beverage and snack products across Colorado and Wyoming, servicing more than 5,000 retail stores in large and small formats, while Resinosa LLC offers cGMP manufacturing for private and white label confectionary and snack products, and Aspen Pure Bottling supports rapid beverage brand development and market penetration. Founded in 2018 and headquartered in Lakewood, Colorado, the company has expanded into a one-stop-shop for brand incubation with e-commerce and retail channels targeting U.S. markets. In recent developments, CBD Global Sciences rebranded to Illumination Brands and pursued a non-binding letter of intent for a business combination with Hempacco Inc. in 2024 to create a vertically integrated beverage and snack incubator aiming for $35 million in annual revenues, leveraging manufacturing, celebrity partnerships like Snoop Dogg, and distribution expansion; it also announced plans in July 2024 to sell subsidiary Illumination Holdings Inc. to Labor Smart Inc. and in October 2024 to distribute or sell shares of LTNC post-sale, alongside earlier 2021-2022 acquisitions like Resinosa LLC and a terminated deal for Pure BioPlastics Inc. to bolster its supply chain and bio-based technologies.