Denver, CO
CBD of Denver Announces Q2 Revenue and Provides Update on German Market
Denver, Colorado–(Newsfile Corp. – August 5, 2024) – CBD of Denver, Inc. (OTC Pink: CBDD) today announced that revenue for Q2 2024 is estimated to be approximately $1,030,000 compared to $720,000 for Q2 2023. Revenue from Libra 9 is not included, as the Company continues the process of unwinding the transaction.
The German market is evolving as all federal states are progressing with their individual application and licensing programs for Cannabis Clubs. Luxora is in ongoing discussions to explore opportunities for its grow infrastructure solutions but has not yet received official confirmation from any federal state to approve its business model. Lower Saxony is the first and only state in Germany to have decided on applications for the approval of cannabis cultivation clubs, with seven applications approved and five rejected. A total of 20 applications have been submitted, making it the third highest in the country after North Rhine-Westphalia with 37 and Baden-Württemberg with 35. The pace of applications illustrates the high hurdles that clubs must overcome based on the individual federal states’ application frameworks and the recent amendments to the cannabis law, which make it much more difficult to start a club. The company continues to explore the opportunity in the German market and is actively engaged with the responsible authorities to achieve legislative clarity.
Following a thorough assessment of its wholesale business unit, the company found that it was not meeting its anticipated profit margins. However, the company continues to operate in the wholesale business and is still experiencing growth. The Company continues to review new opportunities with the goal of identifying businesses with higher margins to build recurring revenue.
In a significant development, Luxora has received positive engagement in Berlin regarding a Near-Infrared (NIR) device used for cannabis testing. The company is following up on leads from over 50 interested parties in Germany. In the coming weeks, Luxora will be making sales presentations to these potential clients. If proven sustainable, this initiative has the potential to provide higher-margin sales based on a markup on the device as well as recurring revenues based on the SaaS (Software as a Service) model, which is sold alongside the hardware device. The company is testing the viability of the business model before deciding on a specific direction.
Luxora remains committed to exploring a wide array of opportunities within the cannabis sector, including advancements in technology, medical applications, and other innovative areas with strong growth potential. The company’s proactive approach aims to leverage its expertise and market presence to drive growth and value for its shareholders.
About CBD of Denver, Inc.
CBD of Denver, Inc. is focused on acquiring profitable assets at attractive valuations to create value for shareholders. The company’s team is dedicated to sourcing high-margin, innovative products that align with its values.
About LUXORA Inc.
LUXORA Inc. is a trailblazing entity in the European cannabis industry, with offices spanning the USA and Europe. Our core expertise revolves around unlocking the potential of the legalized cannabis market, offering infrastructure solutions and consulting tailored to the dynamic needs of this rapidly expanding sector. With a profound understanding of the opportunities and challenges brought forth by legalization, our experienced team is dedicated to pioneering the future of the legal cannabis market in Europe. Our offerings range from consulting and market research to product development and distribution solutions, aimed at simplifying the path to legalization for our esteemed clients.
For inquiries, please contact Investor Relations: investors@luxora-holding.com
For more information, please visit: www.luxora-holding.com
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218811
Denver, CO
Dale Kistler Obituary | The Denver Post
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Denver, CO
Where to watch Minnesota Timberwolves vs Denver Nuggets Playoffs: TV channel, start time, streaming for April 18
The 2026 NBA postseason is finally here after a thrilling Play-In Tournament saw the Phoenix Suns, Orlando Magic, Philadelphia 76ers and Portland Trail Blazers officially earn their spot in the playoffs
The postseason action continues on Saturday as the Minnesota Timberwolves visit the Denver Nuggets in Game 1 of the first round. We’ve got you covered on everything you need to know to tune in for tip off.
Want to see the full National Basketball Association schedule for April 18 and how to watch all the games? Check out our sortable NBA schedule to filter by team or division.
What time is Minnesota Timberwolves vs Denver Nuggets Game 1?
Tip off between the Denver Nuggets and Minnesota Timberwolves is scheduled for 3:30 p.m. (ET) on Saturday, April 18.
How to watch Minnesota Timberwolves vs Denver Nuggets on Saturday
All times Eastern and accurate as of Saturday, April 18, 2026, at 11:45 a.m.
Watch the NBA Playoffs on Fubo
NBA scores and results
See scores, results for all of today’s games. .
See NBA scores, results from April 17
Odds for NBA games today
The latest NBA odds can be found below from the best sports betting apps . Some odds may include games scheduled on future dates.
Denver, CO
Timothy Weil Obituary | The Denver Post
Timothy Weil
OBITUARY
Timothy Robert Weil 1952-2026 Tim Weil was born in Los Angeles, California.
In his early life he held many jobs, but he often commented that among his most memorable and rewarding roles was using his Spanish fluency to teach elementary school students in East LA. It instilled in him the importance of social justice which he in turn emphasized to his children.
On April Fool’s Day, 1981, he and “NC” (Nancy) married, a partnership that launched a unique and fulfilling life. Theirs was a union of sly, poetic witticism; they collaborated in writing jokes, songs, stories, and mythologies for over four decades. They maintained a high level commitment to wordplay and the celebration of silliness for most of their marriage. Tim and Nancy lived together in Boulder, CO, Chico, CA, Alexandria, VA, and Takoma Park, MD, before finally landing back in Denver as empty-nesters.
Tim found community in many places: Taking on a role as Assistant Scoutmaster with Page and Louis’ Boy Scout troop in Takoma Park; crafting an award-winning beer with his homebrewing group; staying in the game of baseball in the Ponce de Leon (over 50) league; playing bluegrass and folk music with other enthusiasts; performing stories with creatives at Denver venues; and joining Jewish congregations Temple Shalom in Maryland, and Temple Micah in Denver.
Tim’s creativity and playfulness were among his most defining features. Nothing was brighter than the gleam in his eye when he prepared to tell a joke, with a setup spanning about ten minutes of vivid details, often ending in a personalized, spectacularly delivered pun of his own design. To label those jokes mere “groaners” would be a disservice to his masterful storytelling. A piece he submitted to Rolling Stone about his jocular parasocial relationship with actor Lou Ferrigno received a personal rejection letter, noted as “very interesting” by the editor.
His professional work in the field of network security computing provided an outlet for his intellect as well as many professional and personal relationships throughout a career that spanned over 30 years. His writing was published in IEEE magazine and other tech journals.
Throughout his life he engaged deeply with visual art, literature, film, and music. He traveled far and wide, including to Jerusalem, Rio de Janeiro, Beijing, Kuala Lumpur, Manila, Vancouver, Seoul, Paris, Ipswich, London, and Edinburgh.
His recent struggle with severe depression was devastating for him and those close to him. It robbed him of his light and kept him in isolation from which sadly he was unable to escape. He will be remembered as the person who, despite the pain he carried, led an incredibly full life and touched the hearts of countless people with his witty humor and warmth.
He is survived by Nancy, his wife of 45 years, sons Page and Louis, daughter-in-law Jessica, grandsons Felix and Calvin, and cats Shackleton and Whiskey, along with many family and friends coast to coast.
A celebration of his life will be held in Denver at 1pm on Sunday, May 17th at Temple Micah, 1980 Dahlia Street. Bring your fondest memories of Tim. Please, no gifts or flowers. If you would like to make a donation in his memory, please consider American Foundation for Suicide Prevention https://afsp.org/.
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