News & Events zu cbdMD Inc (YCBD)YCBDcbdMD Inc

cbdMD Signs Agreement to Acquire Twinlab Assets

cbdMD announced that it has entered into a definitive asset purchase agreement to acquire operating assets and brands of Twinlab, including Twinlab, Reserveage, Metabolife, and Alvita Tea. The acquisition is being conducted through an assignment for the benefit of creditors proceeding and is subject to court approval and customary closing conditions. Upon closing of the acquisition the acquired portfolio will expand cbdMD's reach into additional consumer need states, including daily wellness, active lifestyle, weight management, longevity, recovery, beauty and functional supplementation. "Twinlab is the kind of brand equity that companies spend decades trying to build," said Ronan Kennedy, CEO of cbdMD. "The brands, distribution channels, and team are highly complementary to what we already operate, and this transaction gives these brands the stability and support they need for their next chapter. We believe there is a significant opportunity to build on cbdMD's revenue growth by applying our marketing, creative, and ecommerce resources to drive brand awareness and expand direct-to-consumer sales, alongside the strong wholesale and retail presence these brands already have. From the fundamentals of nutrition to the frontier of modern wellness, the combined portfolio is a unique offering in consumer wellness."

cbdMD Partners with Morales Beverage Group to Launch Oasis Drinks in South Carolina

cbdMD's Oasis line of hemp-derived beverages is now available in South Carolina through a new distribution agreement with Morales Beverage Group, South Carolina, a beverage statewide alcohol distributor. The rollout includes the full Oasis portfolio.

cbdMD Partners with Denver Audubon for Conservation

cbdMD through its Bluebird Botanicals brand announced an official partnership with Denver Audubon, a Colorado-based conservation organization. "Bluebird has always stood for more than products," said Ronan Kennedy, CEO and CFO of cbdMD. "The brand was built on a connection to nature, trust, and responsible wellness. Partnering with Denver Audubon allows us to bring those values to life by supporting conservation, education, and wildlife stewardship in Colorado."