cbdMD Delivers Continued Revenue Growth and Trend Towards Profitability in Second Fiscal QuarterSuccessfully Completes Capital Structure Reset with Series A Preferred ConversionMay 15, 2025 4:09 PM EDT | Source: cbdMDCharlotte, North Carolina--(Newsfile Corp. - May 15, 2025) - cbdMD, Inc. (NYSE American: YCBD), one of the nation's leading and most highly trusted and recognized CBD companies, and operator of the leading CBD brands cbdMD and Paw CBD, and Herbal Oasis today announced our financia ...

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]