cbdMD Grows Direct-to-Consumer Footprint with U.K. Expansion
December 28 2020 - 9:33AM
Business Wire
Leading CBD brand launches international
e-commerce website, now offering its industry-leading products
direct-to-consumers in the U.K.
cbdMD, Inc. (NYSE American: YCBD, YCBDpA) (the “Company”), one
of the leading, and most highly trusted and recognized cannabidiol
(CBD) brands, announced today that the company is expanding its
direct-to-consumer operations into the United Kingdom (U.K.),
officially launching its new website exclusively for customers in
the U.K.
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Expanding upon the CBD brand’s comprehensive, wholesale-focused
partnership with European-based distribution company, Ultra Sport
EU, cbdMD’s new direct-to-consumer website will allow U.K.
consumers to shop for cbdMD’s best-selling CBD oil tinctures, CBD
oil softgel capsules, and CBD gummies products online, with all
orders shipping directly from its U.K.-based warehouse.
“Since cbdMD launched, the popularity of CBD has grown
exponentially across the globe,” said Martin Sumichrast, co-CEO of
cbdMD. “We’ve seen a surge in demand for our products both in
America and overseas, and we are confident that expanding our
direct-to-consumer offerings into the U.K. is yet another chapter
of cbdMD’s growth. We’re pleased to introduce our best-selling
products to our neighbors in the U.K. and look forward to
reinforcing why so many consumers trust cbdMD for their health and
wellness needs.”
To learn more about cbdMD and their comprehensive line of U.S.
grown, THC-free1 CBD oil products, please visit www.cbdmd.com.
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, THC-free1 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,
including, without limitation, statements made with respect to the
expansion of the consumer market for CBD products and 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 effectively compete
in our market, 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, 2020 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 THC-free is defined as below the level of detection using
validated scientific analytical tools.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201228005184/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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