cbdMD Grows Direct-to-Consumer Footprint with U.K. Expansion

Rhea-AI Summary

cbdMD, Inc. (NYSE American: YCBD) has announced the launch of its direct-to-consumer operations in the United Kingdom, featuring a dedicated website for U.K. customers. This expansion follows a partnership with Ultra Sport EU for comprehensive distribution. U.K. consumers can now purchase cbdMD's popular products, including CBD oil tinctures, softgel capsules, and gummies, with fulfillment from a local warehouse. co-CEO Martin Sumichrast emphasized the growing demand for CBD products globally, positioning this launch as a significant growth opportunity in the U.K. market.

Positive

• Launch of direct-to-consumer operations in the U.K. represents a strategic market expansion.
• Partnership with Ultra Sport EU enhances distribution capabilities.
• Local fulfillment from a U.K. warehouse may improve customer service and delivery times.

Negative

• None.

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.

(Graphic: Business Wire)

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, plea

FAQ

What is the recent press release about cbdMD (YCBD)?

cbdMD announced the launch of its direct-to-consumer operations in the U.K., featuring a dedicated website for local customers.

When did cbdMD launch its U.K. operations?

The launch of cbdMD's U.K. operations was announced recently, with no specific date provided in the press release.

What products are available on cbdMD's U.K. website?

Customers in the U.K. can purchase CBD oil tinctures, softgel capsules, and gummies through the new cbdMD website.

How does cbdMD fulfill orders in the U.K.?

All orders from cbdMD's U.K. website will be shipped directly from its warehouse located in the U.K.

What is cbdMD's stock symbol?

cbdMD is traded under the stock symbol YCBD on the NYSE American.