Chairman/Co-CEO and Chief Marketing Officer will present and field questions

cbdMD, Inc., a nationally recognized, hemp derived, consumer cannabidiol (CBD) brand (NYSE American: YCBD, YCBD PR A), announced today that Marty Sumichrast, its Chairman and co-CEO, and Ken Cohn, its Chief Marketing Officer, will participate in a virtual ‘fireside’ chat on July 10, 2020 beginning 10:30 a.m. EDT which is part of Alliance Global Partners’ series ‘The Cannabis Chronicles.’

About cbdMD

cbdMD, Inc. is a nationally recognized consumer cannabidiol (CBD) brand whose current products include CBD tinctures, CBD capsules, CBD gummies, CBD topicals, CBD bath bombs, and CBD pet products. To learn more about cbdMD and our comprehensive line of CBD products, please visit www.cbdMD.com, or follow cbdMD on Instagram and Facebook. A current version of our investor presentation is available at https://www.cbdmd.com/investors/investor-presentations.

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 cbdMD, Inc.’s 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 and Part II, Item 1A. Risk Factors appearing in its Quarterly Report on Form 10-Q for the period ended March 31, 2020, both 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, in our investor presentation or on our social media platforms, including, but not limited to, Instagram and Facebook, is not part of this press release.

PR: cbdMD, Inc. Lauren Greene, 843-743-9999 Lauren.greene@cbdmd.com

Investors: cbdMD, Inc. John Weston, 704-445-3060 ext. 1103 john.weston@cbdmd.com

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