cbdMD Expands Sponsorship with Professional Golfer Bubba Watson
July 29 2020 - 7:30AM
Business Wire
Two-Time Masters Champion Driven to Lead
cbdMD as the #1 CBD Brand Among the Nation’s 25 Million Active
Golfers
cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD PR A)
(the “Company”), one of the leading, and most highly trusted and
recognized cannabidiol (CBD) brands, announced today that it is
expanding its exclusive CBD partnership with 12-Time PGA Tour
Winner and Two-Time Masters Champion Bubba Watson. The partnership
will continue through the end of 2022 and includes prominent logo
display and collaboration both on and off the golf course. Bubba
will serve as a main headliner of the brand’s premier athletic
sponsorship program, “Team cbdMD,” within its upcoming marketing
and advertising campaigns.
“For over 20 years, I have worked hard to prepare my body to
compete at the highest level of this sport. I have made a
multi-year commitment to cbdMD because I trust their products to
help me maximize my performance, both on and off the course. Twenty
five million active golfers in the US should, as well.” “Since I
started taking cbdMD's products about a year and a half ago I get
more restful sleep, maintain my focus and recover quicker.”
Since signing Bubba Watson in May 2019, cbdMD has tracked the
consumer habits of CBD throughout the golf community and intends to
utilize this extensive data in targeted marketing and media
advertising campaigns. cbdMD targets over 25 million US golfers
through its DTC business model and over 15,000 golf course pro
shops in the US via its wholesale division.
About cbdMD, Inc.
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. cbdMD is also a proud partner of Bellator MMA and Life
Time, Inc., and 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,
Non-THC1 CBD products, please visit www.cbdMD.com, follow cbdMD on
Instagram and Facebook, or visit one of the 6,000 retail outlets
that carry cbdMD products.
About Bubba Watson
Bubba Watson is a golf icon, having won 2 green jackets and 12
PGA Tour events. Bubba is as passionate about his off course
charity projects and giving back as he is about his performance on
the golf course. Follow Bubba on Instagram, Twitter @bubbawatson
and Facebook @bubbawatsongolf.
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,
including, without limitation, statements made with respect to the
expansion of our brand awareness and increased sales related to our
partnership with Bubba Watson, our ability to increase our market
share, our limited operating history, our ability to expand our
business and significantly increase our revenues, our ability to
effectively leverage our brand partnerships and sponsorships, our
ability to achieve our net sales guidance, and our ability to
report profitable operations in the future. 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.
1 Non-THC is defined as below the level of detection using
validated scientific analytical tools
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version on businesswire.com: https://www.businesswire.com/news/home/20200729005428/en/
PR: cbdMD, Inc. Lauren Greene Communication Specialist
lauren.greene@cbdmd.com 843-743-9999
Investors: cbdMD, Inc. John Weston Director of Investor
Relations john.weston@cbdmd.com 704-249-9515
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