Distribution Company PRO Group, Inc. Selects cbdMD and Paw CBD As Exclusive CBD Brands
October 02 2020 - 7:30AM
Business Wire
PRO Group To Distribute cbdMD and PawCBD
Brands Nationwide To Its Network of 140 Distribution Centers
Serving All 50 States
cbdMD, Inc. (NYSE American: YCBD, YCBD PR A) (the “Company”),
one of the leading, most highly trusted, and most recognized
cannabidiol (CBD) brands, announced today that PRO Group, Inc.
(www.pro-group.com), a multidivisional international merchandising
and marketing organization, with over 79 distributors operating
over 140 distribution centers serving all 50 states and combined
sales volume exceeding $6 billion through its member distributors
and an alliance with the VAL-TEST Group, has selected cbdMD and Paw
CBD and the CBD brands to distribute through its national network
effective immediately.
About PRO Group, Inc.
PRO Group, Inc. (www.pro-group.com), is a multidivisional
international merchandising and marketing organization, with over
79 distributors operating over 140 distribution centers serving all
50 states and combined sales volume exceeding $6 billion through
its member distributors and an alliance with the VAL-TEST Group.
PRO Group, Inc. is dedicated to generating ideas and developing
for-profit programs for distributor and retailer members. By
continually analyzing current and prospective markets, PRO Group
pinpoints opportunities that will strengthen the network and
benefit the bottom line of all Members.
About cbdMD, Inc.
cbdMD, Inc. is one of the leading, most highly trusted, and most
recognized cannabidiol (CBD) brands, 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.
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 and Part II,
Item 1A. Risk Factors appearing in its Quarterly Report on Form
10-Q for the period ended June 30, 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 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/20201002005064/en/
PR: cbdMD, Inc. Lauren Greene
Communications 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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