CHARLOTTE, N.C.–()–cbdMD, Inc. (NYSE American: YCBD, YCBD PR A) (the “Company”), one of many main, most extremely trusted, and most acknowledged cannabidiol (CBD) manufacturers, has signed a multi-year, unique retail distribution settlement with Life Time, Inc., the premier wholesome life-style model. As a part of the settlement, cbdMD’s award-winning merchandise might be obtainable on the market in Life Time locations and within the coming months additionally obtainable in its on-line well being retailer at shop.lifetime.life.

“Since the launch of our exclusive sponsorship agreement with cbdMD, our members across the country have learned more about their products and solutions”, mentioned Kimo Seymour, senior vice chairman of Life Time Events and Media. “As one of the most trusted CBD brands on the market, we are pleased to expand our relationship with a multi-year vendor agreement under which we make cbdMD’s products available for direct purchase at our Life Time destinations and via our online Health Store”.

“We are really excited about expanding our relationship with Life Time. We want to continue providing their members with opportunities to have easy access to our products and help them in their healthy way of life,” mentioned Pancho Mangual, EVP of Sales at cbdMD, Inc.

The new retail distribution settlement expands cbdMD’s authentic, unique advertising and marketing and sponsorship settlement from October 2019. As the Exclusive CBD Partner of Life Time, cbdMD has a presence inside all Life Time golf equipment, together with its inside TV channel, digital signage, atrium signage, banner models, and poster models, in addition to in Experience Life journal print and digital media. cbdMD can be the annual sponsor of quite a few Life Time occasions, together with Presenting Sponsor of The Miami Marathon and Half Marathon, Title Sponsor of Chicago Tri, the world’s largest triathlon, Escape to Miami Tri and Big Sugar gravel bike race, and Official Sponsor of the New York City Tri, Minneapolis Tri, Crusher within the Tushar, Chequamegon, Lutsen 99er and Barn Burner bike races, Chicago Spring and Fall Half Marathons, Turkey Day 5Ks in Minneapolis, Chicago and Miami and the enduring Leadville Race Series.

About Life Time, Inc.

As a wellness pioneer, Life Time is reshaping the best way shoppers method their well being by integrating the place we play, work and stay – all with the first goal of serving to folks lead wholesome, pleased lives. With greater than 150 locations in 41 main markets throughout the U.S. and Canada, Life Time operates luxurious athletic resorts, owns and produces iconic athletic events and is increasing its model although Life Time Work premium coworking areas and Life Time Living high-end leased residences. For extra info go to lifetime.life.

About cbdMD, Inc.

cbdMD, Inc. is among the main, most extremely trusted, and most acknowledged cannabidiol (CBD) manufacturers, whose present merchandise embody CBD tinctures, CBD capsules, CBD gummies, CBD topicals, CBD bathtub bombs, and CBD pet merchandise. cbdMD can be a proud companion of Bellator MMA and Life Time, Inc., and has one of many largest rosters {of professional} sports activities athletes who’re a part of “Team cbdMD.” To study extra about cbdMD and our complete line of over 100 SKUs of U.S. produced, Non-THC1 CBD merchandise, please go to www.cbdMD.com, comply with cbdMD on Instagram and Facebook, or go to one of many 6,000 shops that carry cbdMD merchandise.

Forward-Looking Statements

This press launch comprises sure forward-looking statements which can be based mostly upon present expectations and contain sure dangers and uncertainties throughout the that means of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements will be recognized by way of phrases corresponding to ”ought to,” ”could,” ”intends,” ”anticipates,” ”believes,” ”estimates,” ”tasks,” ”forecasts,” ”expects,” ”plans,” and ”proposes.” These forward-looking statements will not be ensures of future efficiency and are topic to dangers, uncertainties, and different components, a few of that are past our management and tough to foretell and will trigger precise outcomes to vary materially from these expressed or forecasted within the forward-looking statements, together with, with out limitation, statements made with respect to the growth of the patron marketplace for CBD merchandise and our potential to extend our market share, our restricted working historical past, our potential to develop our enterprise and considerably enhance our web gross sales, our potential to successfully leverage our model partnerships and sponsorships, our potential to successfully compete in our market, and our potential to report worthwhile operations sooner or later. You are urged to fastidiously assessment and take into account any cautionary statements and different disclosures, together with the statements made below the heading “Risk Factors” in cbdMD, Inc.’s Annual Report on Form 10-Ok for the fiscal yr ended September 30, 2019, as amended, as filed with the Securities and Exchange Commission (the “SEC”) and our different filings with the SEC. All forward-looking statements contain vital dangers and uncertainties that might trigger precise outcomes to vary materially from these within the forward-looking statements, a lot of that are usually outdoors the management of cbdMD, Inc. and are tough to foretell. cbdMD, Inc. doesn’t undertake any obligation to replace any forward-looking statements besides as could also be required by legislation. The info which seems on our web sites and our social media platforms, together with, however not restricted to, Instagram and Facebook, just isn’t a part of this press launch.

1 Non-THC is outlined as under the extent of detection utilizing validated scientific analytical instruments.



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