cbdMD to Donate Up to $500,000 from Sales to Aid Barstool Fund

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CHARLOTTE, N.C. – cbdMD, Inc. (NYSE American: YCBD, YCBDpA) (the “Company”), one of the world’s leading and most highly trusted and recognized health & wellness CBD companies, announced today that it will donate up to $500,000 from its online sales to The Barstool Fund. In response to New York City’s shut down of indoor dining without a plan in place, David Portnoy and Barstool Sports have set up The Barstool Fund. The fund is not only helping restaurants and bars, but it is here for all small businesses around the country in need of help due to the effects of COVID-19. In under two months, Barstool Sports has raised over $30 million and has reached out to more than 150 businesses and counting.

“As fellow entrepreneurs and small business owners, we know firsthand how difficult the COVID-19 pandemic has been for so many small business owners here in America. Scott Coffman and I are honored for cbdMD to join Dave Portnoy in helping other businesses during this time of need. Small businesses are the backbone of the American economy; it’s good for America when small businesses thrive, and we urge other business owners to help however you can, as soon as you can,” said Marty Sumichrast, Chairman & Co-CEO of cbdMD, Inc.


“Beginning today, through the end of February, any topical purchased through cbdMD.com using code BARSTOOLFUND will receive a 25% discount. cbdMD, Inc. will then match the 25% discount in a cash donation to The Barstool Fund, up to $500,000. This way, not only do our customers win, but so do small businesses that The Barstool Fund will aid,” said Sumichrast. See offer details below for more information.

About cbdMD, Inc.
cbdMD, Inc. is one of the world’s leading, most highly trusted health & wellness CBD companies, whose current products include CBD tinctures, CBD capsules, CBD gummies, CBD topicals, CBD botanical skincare products, CBD bath bombs, and CBD pet products. To learn more about cbdMD and our comprehensive line of over 100 SKUs of U.S. produced, THC-free1 CBD products, please visit www.cbdMD.com.