CBD of Denver Inc. Reports Q2 2021 Financial and Business Highlights

 Six Months Six Months Three MonthsThree Months Ended Ended EndedEnded 6/30/2021 6/30/2020 6/30/20216/30/2020       Sales $               14,494,477  $                    517,025 $      7,136,628$         515,840Cost of sales           12,991,643                    362,822 6,993,357355,855Gross profit              1,502,834                    154,203 143,271159,985       Operating expenses:      Marketing                             355                       17,529 -17,529Rent                      46,127                       19,552 41,98919,552Depreciation                         4,729                          2,207 3,4992,207Stock-based compensation                         1,620                                    -   --General and administrative                      82,179                    121,637 47,60597,028Total operating expenses                   135,010                    160,925 93,093136,316       Income (loss) from operations              1,367,824                        (6,722) 50,17823,669       Other income (expense)      Interest expense                                   -                    (178,390) --Total Other Expenses                                   -                    (178,390) --       Net Income (loss) before income taxes              1,367,824                  (185,112) 50,17823,669Income tax expense                   151,824                          4,592 5,8514,592       Net income (loss)              1,216,000                  (189,704) 44,32719,077Other comprehensive income                    (37,682)                          3,654 36,8143,654       Comprehensive  income (loss) $                 1,178,318  $                 (186,050) $            81,141$           22,731       Basic net income (loss) per share $                          0.00  $                       (0.00) $               0.00$               0.00Diluted net income (loss) per share $                          0.00  $                       (0.00) $               0.00$               0.00       Weighted Average Number of Shares Outstanding - Basic    5,309,576,718     4,194,527,118 5,309,588,1074,446,889,755Weighted Average Number of Shares Outstanding - Diluted 20,509,576,718     4,194,527,118 20,509,588,10719,446,889,755