CBD Life Sciences Inc. (OTCMKTS:CBDL) is moving in a range after the company, through its subsidiary, LBC Bioscience Inc., announced that it would start accepting bitcoin payments on its eCommerce marketplace.
Trading Data
On Thursday, CBDL stock remains unchanged at $0.0003 with more than 407.04 million shares, compared to its average volume of 405.73 million shares. The stock has moved within a range of $0.0002 – 0.0003 after opening the trade at $0.0003.
Set to Start Accepting Bitcoin for CBD on Its E-Commerce Store
In recent times CBD Life Sciences has been working on BTC integration as a payment method, and now it is ready to start accepting payments. Customers will be able to start using BTC payments on the LBC platform by the end of the week.
CEO and President of CBD Life Sciences Lisa Nelson said the addition of BTC as a payment method to the platform is a massive milestone, and it will allow the company to expand its customer base globally.
Lisa added that cryptocurrency is the future and the outcome of their move is positive, and they look forward to launching the payment method. It is vital to note that crypto offers more payment security relative to debit and credit card payments. Therefore, in the coming weeks, CBDL is worth watching.
Key Quote
CBD Life Sciences has been working diligently to integrate Bitcoin as a payment method and it is finally ready to launch! Consumers should expect this method of payment to be live on the LBC website by the end of this week! President & CEO Lisa Nelson states “I believe this will be a wonderful addition to the website and it will allow us to expand and attract more customers all around the world.” Lisa Nelson also states, “With Cryptocurrency being the future, the outcome of this has to be nothing but positive and we cannot wait to launch it!”
Technical Data
CBDL stock is trading below the 20-Day and 50-Day Moving averages of $0.0003 and $0.0003 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0016. The stock is up 10% in the past month.
