SCOTTSDALE, AZ, Feb. 27, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- CBD Life Sciences Inc. (OTC: OCSYD) is pleased to announce that its wholly owned subsidiary, LBC Bioscience Inc., completely sold out of all its products at the recently held Fountain Hills Great Fair, generating over $10,000 in sales in two days. Now in its 32nd year, the annual Fountain Hills Great Fair features over 500 select artisans from around the world offering unique products and one-of-a kind works. LBC Bioscience was 1 of 5 CBD exhibitors at the event.
“We were very pleased with the response from this show,” stated Lisa Nelson, President of CBD Life Sciences. “To sell out our entire inventory in two days not only reflects on the growing acceptance of CBD but also speaks highly of the quality of our products. This is the first of many shows we have planned along with an aggressive online marketing and print advertising campaign. Our goal is to generate over $1 million in sales this year,” continued Ms. Nelson.
About CBD Life Sciences Inc.
CBD Life Sciences Inc. is a publicly traded company, having its common shares quoted on the OTC Markets under the symbol ‘OCSYD’. The Company’s main focus is to identify, evaluate and acquire undervalued opportunities with the objective of increasing shareholder value. The acquisition of LBC Bioscience Inc. is the first in the CBD space and the company is actively searching for additional opportunities within this emerging sector.
About LBC Bioscience Inc.
LBC Bioscience Inc. is a wholly owned subsidiary of CBD Life Sciences Inc. LBC is developing and marketing a line of cannabidiol based organic products such as hemp drops, massage oils, recovery pain relief creams, anxiety and sleep solutions, supplements, edibles, and a full line of pet products. In addition, LBC is in the process of developing an anti-aging skin product line. LBC’s products can be viewed and purchased on the company’s website at www.lbcbioscienceinc.com.
Forward-Looking Statements
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Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.