LOS ANGELES, April 29, 2019 /PRNewswire/ -- cbdMD, a
Level Brands company (NYSE American: LEVB), has finalized an
exclusive agreement to become the Official CBD Partner of the BIG3,
a 3-on-3, half-court basketball league, founded in 2017
by producer, actor and music legend Ice Cube, along with
entertainment executive, Jeff
Kwatinetz.
As the first CBD company to partner with the BIG3, cbdMD will
receive a depth of integrated sponsorship benefits. cbdMD's
signature asset is becoming the exclusive jersey patch sponsor on
the front of all three jersey versions for all twelve BIG3 teams –
thirty-six jerseys in total – to be worn by BIG3 players during all
games.
As a player-centric basketball league focused on entertainment,
inclusivity and innovation, the BIG3 will kick off its third season
in June with several exciting expansion elements. First, all BIG3
games will be broadcast on CBS and CBS Sports Network.
Second, the BIG3 will now feature 12 teams, an increase from eight.
Third, beginning June 22nd
and June 23rd, BIG3 games
will take place on two nights per weekend, Saturday and Sunday,
instead of one. And, the BIG3 will now visit 18 cities during
the 2019 season, up from 10 last season.
"Today is a monumental day for cbdMD, as we continue to add to
our list of firsts within the CBD category," said Ken Cohn, Chief Marketing Officer at cbdMD. "Our
BIG3 partnership will deliver a massive level of cbdMD brand
exposure throughout the summer on CBS and CBS Sports Network, and
allow us to reach a large, strategic demographic of consumers. As
we continue to witness an increase in interest regarding CBD among
both athletes and sports enthusiasts alike, we see the BIG3 as a
dynamic, strategic partner for cbdMD and a pathway to engage those
who could greatly benefit from CBD."
"Last year, BIG3 became the first professional sports league in
the U.S to allow players to use CBD for pain treatment and
recovery," said league co-founder Jeff
Kwatinetz. "We did this out of compassion for our guys
because CBD can help them without enhancing their performance or
having an intoxicating effect. It's a win win."
For the latest league news and updates, visit BIG3.com and
follow BIG3 on Twitter, Instagram and Facebook.
About cbdMD (www.cbdMD.com)
cbdMD, a Level Brands company, offers a comprehensive line of
natural, THC-free, hemp-derived CBD oil products made in the US,
including tinctures, capsules, gummies, pet products, bath bombs,
topicals, and vape oils. As a company committed to the highest
standards for CBD sourcing, extraction, and production, cbdMD is
for consumers seeking to experience the full benefits of CBD in a
safe, convenient, and cost-effective manner. For more information,
please visit www.cbdMD.com.
About Level Brands (www.levelbrands.com)
Level Brands owns and operates the nationally recognized consumer
cannabidiol (CBD) brand cbdMD, whose current products include CBD
gummies, CBD tinctures, CBD topical, CBD bath bombs, CBD oils, and
CBD pet products. The Company also operates a licensing and
corporate brand management businesses under the kathy ireland®
Health & Wellness; Ireland Men One (I'M1), and Encore Endeavor
One (EE1) brands, as well as a personal products division Beauty
& Pin-Ups.
ABOUT BIG3
BIG3 (BIG3.com) is where basketball superstars play. The premier
half-court, 3-on-3 basketball league, BIG3 features many of the
greatest, most popular and skilled NBA players of all time. Founded
by producer, actor and music legend Ice Cube and entertainment
executive Jeff Kwatinetz, the BIG3
combines highly competitive, physical, fast basketball and
incredible fan experiences.
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 Level Brands, Inc.'s Annual
Report on Form 10-K for the fiscal year ended September 30, 2018 as filed with the Securities
and Exchange Commission (the "SEC") on December 12, 2018 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 Level Brands, Inc. and are
difficult to predict. Level Brands, Inc. does not undertake
any duty to update any forward-looking statements except as may be
required by law.
Public Relations:
Danielle Crary, 1 (800) 973-3984
danielle@cbdMD.com
Investors:
RedChip Companies
Dave Gentry, 407-491-4498
dave@redchip.com
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SOURCE BIG3; cbdMD