SEC Comment Letter 0000000000-24-010071 to CBD Life Sciences Inc. (CBDL)
CBD Life Sciences Inc.
Date: Sept. 5, 2024 · CIK: 0001776073 · Accession: 0000000000-24-010071
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File numbers found in text: 024-12430
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September 5, 2024
Lisa Nelson
Chief Executive Officer
CBD Life Sciences, Inc.
10953 N. Frank Lloyd Wright Boulevard Suite 108
Scottsdale, AZ 85259
Re:CBD Life Sciences, Inc.
Post-Qualification Amendment No. 1 to
Offering Statement on Form 1-A
Filed August 19, 2024
File No. 024-12430
Dear Lisa Nelson:
We have reviewed your amendment and have the following comment.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe a comment applies to your facts and circumstances
or do not believe an amendment is appropriate, please tell us why in your response. After
reviewing any amendment to your offering statement and the information you provide in response
to this letter, we may have additional comments.
Post-Qualification Amendment No. 1 to Offering Statement on Form 1-A
Cover Page
1.We note your disclosure that you will offer shares at a fixed price; however, we also note
your inclusion of a price range of $0.0001-0.0005 on the cover page, of $0.0001-0.0009
on page 17, and that you may issue the remaining shares for non-cash consideration.
Please revise your disclosure to clearly include either a fixed price or a consistent bona
fide price range. Please note that pursuant to Rule 253(b)(1), if you include a price range,
the securities must be offered for cash.
We will consider qualifying your offering statement at your request.
We remind you that the company and its management are responsible for the accuracy and
adequacy of their disclosures, notwithstanding any review, comments, action or absence of action
by the staff.
September 5, 2024
Page 2
Please contact Doris Stacey Gama at 202-551-3188 or Tim Buchmiller at 202-551-3635
with any other questions.
Sincerely,
Division of Corporation Finance
Office of Life Sciences
cc:Eric Newlan, Esq.