cbdMD Inc（YCBD）资讯与事件YCBDcbdMD Inc

cbdMD Completes Acquisition of Twinlab Operating Assets

cbdMD announced that it has completed its acquisition of the operating assets of Twinlab, including the Twinlab, Reserveage, Metabolife and ResVitale brands. The assets were acquired through a Florida Chapter 727 assignment for the benefit of creditors proceeding. The combined portfolio broadens cbdMD's reach across retail and direct-to-consumer channels and meaningfully reduces the Company's reliance on hemp-derived products.

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.