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cbdMD

From EverybodyWiki Bios & Wiki

cbdMD
File:Cbdmd logo.png
ISIN🆔
Industry
Founded 📆2017
Founder 👔
Headquarters 🏙️, ,
Area served 🗺️
Products 📟 
CBD Medical Products
Members
Number of employees
🌐 Websitewww.cbdmd.com
📇 Address
📞 telephone

cbdMD is a consumer cannabidiol (CBD) company, owned and operated by Cure Based Development, LLC, headquartered in Charlotte, North Carolina, and founded in 2017 by CEO Scott Coffman.

As of December 2018, Level Brands, Inc. (LEVB) acquired Cure Based Development, LLC in a two-step merger.

History[edit]

cbdMD was founded in August 2017 in Charlotte, North Carolina by Blu-Ecig founder Scott Coffman. The company began reporting revenue in 2018 and, by August 31, 2018, reported revenue of $3.2 million, with monthly sales exceeding $1 million in October 2018.

Products[edit]

cbdMD specializes in producing consumer CBD products, which include gummies, tinctures, oils, vape juice, bath bombs, creams and edible treats & tinctures for pets. The company’s products are available in over 700 retail locations throughout the United States and are manufactured at a state-of-the-art facility in North Carolina. All manufactured products use 100% all-natural CBD, which is extracted from vegan, gluten-free, organic and non-GMO hemp grown in the United States.

Expansion[edit]

In December 2018 cbdMD parent company Cure Based Development, LLC was acquired by Level Brands, Inc.


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