CBD of Denver Inc (OTCMKTS:CBDD) is one of the better known players in the CBD space but over the course of the past week the stock has performed quite poorly and gone down by as much as 7%.
CBDD is involved in producing a complete line of CBD based products and in addition to that it also distributes its own products in the markets of Europe and Switzerland. It is perhaps important for investors to figure out if the recent fall in CBDD stock could be an opportunity to get into the stock or not.
In this context, it is perhaps important for investors to note that on Wednesday CBD of Denver provided a key update with regards to its United States audit. It should be noted that earlier on in the year CBDD had hired the services of FRUCI & Associates so that CBD of Denver could take care of its auditing needs and eventually become a fully reporting company in line with guidelines from the United States Securities and Exchange Commission.
Yesterday, CBDD announced that it is currently working with FRUCI and has also made considerable progress with regards to the completion of its audit.