CBD Kratom Company Statement On South Wayne Store Opening Delay

CBD Kratom Statement on South Wayne Store Delay

February 15, 2022


The official opening for the store location at 218 E. Lancaster Ave. Wayne, PA 19087 is currently being delayed. Both sides are indeed working together towards a solution and we look forward to rectifying the situation. We were alerted by the city township on Thursday, February 10th of concerns regarding permit issues, and our team took immediate action to work diligently towards resolving them. This morning, our in-house counsel and Vice President had a call with the City Attorney and Director of Community Development in Radnor to clarify misunderstandings between the parties. During the call, we extended an invitation via the City Attorney for town officials to attend an informational education session about our company products and any questions they may have.

We plan to also hold a similar educational session for community members. These sessions would include information on both cannabis and kratom. Cannabis dispensary is an accurate statement of our business: we simply dispense cannabis. Specifically, we sell hemp-derived cannabis products with less than 0.3% Delta-9 THC. Our products do not fall under the purview of the Pennsylvania Code for medical marijuana because we do not sell medical marijuana, nor any product with above 0.3% Delta-9 THC. We carry both kratom and kratom specialty products. As members of the American Kratom Association, we are proud to uphold industry best practices, which include implementing age restrictions as well as educating consumers on the products we carry. Please find a recent Bloomberg Article linked here that provides a high-level overview of kratom in the United States; our Vice President did provide comments for this article. Additionally, in December of 2021, the World Health Organization (WHO) released their assessment on kratom. The summary recognizes the role that kratom plays in wellness and pain management routines for consumers around the world.

Please find a statement from CBD Kratom's Vice President Dafna Revah below:

"In October of 2021, we signed a lease for the former Starbucks facility after doing due diligence with Delaware County and Wayne Business Overlay District (WBOD). Unfortunately, Radnor Township requirements were not identified by our team. I strive to live by our core values, which include Responsibility, and which is why I take full ownership of this oversight. As always, we strive to be part of the communities we serve, which is one of the reasons we chose this facility in South Wayne. It was utilized as a previous training facility for Starbucks and the space provides us with a golden opportunity to have a permanent educational space for both us and our community."

We look forward to opening and becoming part of the local South Wayne community.



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