cbdMD, Inc. (YCBD) Stock

cbdMD, Inc., based in Charlotte, North Carolina, is a leading producer and distributor of a diverse range of cannabidiol (CBD) products. The company owns and operates several prominent consumer hemp-based CBD brands, including cbdMD, Paw CBD, and cbdMD Botanicals. Under the cbdMD brand, the company offers a comprehensive array of CBD-infused products such as tinctures, gummies, topicals, capsules, bath bombs, bath salts, and sleep aids, catering to various wellness needs.

A key facet of cbdMD's product lineup is its veterinarian-formulated offerings marketed under the Paw CBD brand. These products include CBD tinctures, chews, and topicals tailored specifically for pets, underscoring cbdMD's commitment to providing high-quality CBD solutions for both human and animal wellness. The company's distribution strategy encompasses direct sales through its e-commerce platform, presence on third-party e-commerce sites, partnerships with wholesalers, and placement in numerous brick-and-mortar retail outlets throughout the United States.

Founded in 2015 as Level Brands, Inc., cbdMD rebranded in May 2019 to reflect its focused mission on CBD-based products. With its headquarters in Charlotte, cbdMD continues to innovate within the CBD industry, leveraging its extensive product range and strategic distribution channels to meet the growing demand for CBD-infused wellness solutions across diverse consumer demographics.