Company Overview - Herbal Oasis is a hemp-derived THC-infused social seltzer brand that aims to redefine social interactions and promote a healthier lifestyle [1][3] - The brand is a subsidiary of cbdMD, Inc., which is recognized as a leading cannabidiol (CBD) brand with a comprehensive line of THC-free products [5] Recent Developments - Herbal Oasis has entered into a distribution agreement with Carolina Premium Beverage, allowing its products to be available in Charlotte, North Carolina, and surrounding areas starting in May 2025 [1][2] - This marks the brand's expansion into its third state within two months, following successful launches in Alabama and Florida, indicating strong growth momentum in the Southeast [2] Product Offering - Oasis is designed for health-conscious consumers seeking alternatives to alcohol, combining hemp-derived THC, CBG, and functional mushrooms to create a unique beverage experience [3] - The product is marketed as an alcohol-free option that promotes clarity, balance, and social connection [4] Strategic Partnerships - The partnership with Carolina Premium Beverage is seen as a strategic move to enhance market reach and accelerate growth in the Southeast region [4][6] - Carolina Premium Beverage has a strong market presence, serving over 2,800 retailers and positioning itself among the top 1% of beer wholesalers in the nation [6][8]