cbdMD, Inc. Common Stock
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cbdMD, Inc. Common Stock (YCBD) is a consumer products company based in Charlotte, North Carolina, that produces and distributes cannabidiol, or CBD, products in the United States and internationally. The company was formerly known as Level Brands, Inc. and changed its name to cbdMD, Inc. in May 2019. It owns and operates several consumer hemp-based CBD brands.
The company's flagship cbdMD brand includes a wide range of products such as oils, gummies, capsules, soft-gels, topicals, and functional formulations, along with hemp-derived compliant Delta-9 THC products. It also markets pet products under the Paw CBD brand name, offering tinctures, chews, and topicals for dogs and cats. Beyond cannabinoids, the company sells non-cannabinoid functional ingredients, including functional mushrooms under the ATRx brand, and hemp-derived solutions under the Herbal Oasis brand.
cbdMD reaches its customers through several channels. It sells to retailers and into health and pet channels, and it uses a direct-to-consumer approach supported by e-commerce platforms and online marketplaces, as well as wholesale distribution. This mix lets the company offer its products both to individual buyers shopping online and to stores that resell them. By building a portfolio of branded CBD and related wellness products for people and pets, and distributing them across online and wholesale channels, cbdMD, Inc. focuses on the consumer market for hemp-derived goods, generating revenue from sales across its family of brands in both domestic and international markets.