Paw CBD Announces the Official Launch of Its Dedicated Retail Website
February 03 2020 - 8:14AM
Business Wire
Summary: Leading Market Research Firm, the
Brightfield Group, Ranks Paw CBD in Top 5 CBD Pet Brands in
America, and Reports the CBD Pet Market Grew 950% YOY In 2019
Paw CBD, a pet division of cbdMD, Inc. (NYSE American: YCBD,
YCBD PR A), a nationally recognized consumer cannabidiol (CBD)
brand, has launched its newly created website at
www.pawcbd.com.
“Paw CBD and its award-winning products have evolved into a
trusted standalone brand and it’s important that we provide an
online experience tailored specifically to pet lovers. Paw CBD
products were originally offered through the flagship cbdMD retail
website, but with the rapid expansion of the Paw CBD product line
and continued reach into retail stores, the need for a branded
destination website was critical to keep up with growth,” said Paul
DiBrito, leader of the Paw CBD brand.
“We are also pleased that the Brightfield Group ranked Paw CBD
as a top 5 CBD pet brand in America. The Brightfield Groups
recently released Pet Parent Profile showed that Americans spent an
estimated $321 million on CBD pet products in 2019, an incredible
jump of over 950% from the estimated $31 million spent in 2018. We
expect continued growth in the CBD pet market in 2020 and Paw CBD
is very well positioned to gain more market share in this rapidly
growing market,” said DiBrito.
Alongside Paw CBD’s extensive product line, the new website
features educational materials intended to help consumers better
understand CBD and its many applications for dogs, cats, and
horses. Paw CBD customers will also continue to have access to
cbdMD’s top rated customer service team.
About cbdMD
cbdMD, Inc. is a nationally recognized consumer cannabidiol
(CBD) brand whose current products include CBD tinctures, CBD
gummies, CBD topicals, CBD bath bombs, and CBD pet products. cbdMD
is also a proud partner of the BIG3 Basketball League, Barstool
Sports, Bellator MMA, Life Time, Inc., and Nitro Circus. cbdMD has
one of the largest rosters of professional sports athletes who are
part of “Team cbdMD.” To learn more about cbdMD and our
comprehensive line of over 100 SKUs of U.S. produced, THC-free1 CBD
products, please visit www.cbdmd.com, follow cbdMD on Instagram and
Facebook, or visit one of the 4,000 retail outlets that carry cbdMD
products.
Paw CBD is the pet division of cbdMD whose
veterinarian-formulated products include tinctures, chews, and
topicals in varying strengths and formulas. Paw CBD is a proud
supporter of Project 2 Heal and the Humane Society of Charlotte. To
learn more about the comprehensive line of THC-free1 Paw CBD pet
products, please visit pawcbd.com or follow Paw CBD on Instagram
and Facebook.
Forward-Looking Statements
This press release contains certain forward-looking statements
that are based upon current expectations and involve certain risks
and uncertainties within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Such forward-looking statements can
be identified by the use of words such as ″should,″ ″may,″
″intends,″ ″anticipates,″ ″believes,″ ″estimates,″ ″projects,″
″forecasts,″ ″expects,″ ″plans,″ and ″proposes.″ These
forward-looking statements are not guarantees of future performance
and are subject to risks, uncertainties, and other factors, some of
which are beyond our control and difficult to predict and could
cause actual results to differ materially from those expressed or
forecasted in the forward-looking statements. You are urged to
carefully review and consider any cautionary statements and other
disclosures, including the statements made under the heading “Risk
Factors” in cbdMD, Inc.’s Annual Report on Form 10-K for the fiscal
year ended September 30, 2019, as filed with the Securities and
Exchange Commission (the “SEC”), and our other filings with the
SEC. All forward-looking statements involve significant risks and
uncertainties that could cause actual results to differ materially
from those in the forward-looking statements, many of which are
generally outside the control of cbdMD, Inc. and are difficult to
predict. cbdMD, Inc. does not undertake any duty to update any
forward-looking statements except as may be required by law. The
information which appears on our websites and our social media
platforms, including, but not limited to, Instagram and Facebook,
is not part of this press release.
1THC-free is defined as below the level of detection using valid
scientific analytical tools.
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version on businesswire.com: https://www.businesswire.com/news/home/20200203005434/en/
cbdMD PR PR@cbdMD.com 1 (800) 973-3984 Investors: John Weston
john.weston@cbdmd.com 704-249-9515
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