cbdMD

Charlotte, United States Founded: 2015 • Age: 11 yrs Acquired By Level Brands
Cannabis products are offered via an online retail platform.

About cbdMD

cbdMD is a company based in Charlotte (United States) founded in 2015 by Scott Coffman was acquired by Level Brands in December 2018.. The company has 42 employees as of September 30, 2024. cbdMD has completed 1 acquisition, including Direct CBD Online. cbdMD offers products and services including CBD Gummies, CBD Capsules, Topicals, and Pet Wellness. cbdMD operates in a competitive market with competitors including Vireo Health, Demetrix, Shopbeam, NextEvo Naturals and CBD Unlimited, among others.

  • Headquarter Charlotte, United States
  • Employees 42 as on 30 Sep, 2024
  • Founders Scott Coffman
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cbdmd, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $19.19 M
    -1.5
    as on Sep 30, 2025
  • Net Profit
    $-2.04 M
    44.84
    as on Sep 30, 2025
  • EBITDA
    $-366.67 K
    73.22
    as on Sep 30, 2025
  • Latest Funding Round
    $2.25 M (USD), Post-IPO

    Dec 19, 2025

  • Investors
  • Employee Count
    42

    as on Sep 30, 2024

  • Investments & Acquisitions
  • Acquired by
    Level Brands

    (Dec 04, 2018)

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IPO & Listings of cbdMD

cbdMD is a publicly listed company on the AMEX with ticker symbol YCBD in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: AMEX · Ticker: YCBD . Sector: Health technology · USA

Products & Services of cbdMD

cbdMD offers a comprehensive portfolio of products and services, including CBD Gummies, CBD Capsules, Topicals, and Pet Wellness. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Edible CBD products for relaxation and health support.

Oral supplements with CBD for daily wellness benefits.

CBD-infused creams for targeted pain and relief.

CBD items designed for animal health and comfort.

People of cbdMD
Headcount 50-200
Employee Profiles 21
Board Members and Advisors 3
Employee Profiles
People
Brad Trawick
Director Of Procurement
People
Sibyl Swift
CSO & VP, Regulatory Affairs
People
Emily Ivy
Marketing Specialist
People
Zeb Booker
CTO

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Board Members and Advisors
people
Bakari Sellers
Board Member
people
Billy Raines
Board Member
people
Scott Stephen
Chairman

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Funding Insights of cbdMD

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $2.2M
  • First Round

    (05 Feb 2024)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2025 Amount Post-IPO - cbdMD Valuation

investors

Feb, 2024 Amount Post-IPO - cbdMD Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in cbdMD

cbdMD has secured backing from 1 investor. Prominent investors backing the company include Level Brands. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Level Brands is engaged in marketplace strategy and brand optimization.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by cbdMD

cbdMD has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Direct CBD Online. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
CBD products are distributed online via an e-pharmacy platform.
2018
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - cbdMD

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cbdmd Comparisons

Employees
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Competitors of cbdMD

cbdMD operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vireo Health, Demetrix, Shopbeam, NextEvo Naturals and CBD Unlimited, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cannabis plants are cultivated in greenhouses for wellness product development.
domain founded_year HQ Location
Cannabinoid ingredients for pharmaceuticals are produced via fermentation technology.
domain founded_year HQ Location
Provider of fine art photography prints and books
domain founded_year HQ Location
Cannabis-derived nutritional and wellness products are provided online.
domain founded_year HQ Location
Cannabidiol-based supplements are developed for pain relief and wellness.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about cbdMD

When was cbdMD founded?

cbdMD was founded in 2015 and raised its 1st funding round 9 years after it was founded.

Where is cbdMD located?

cbdMD is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

Who is the current CEO of cbdMD?

Scott Coffman is the current CEO of cbdMD. They have also founded this company.

How many employees does cbdMD have?

As of Sep 30, 2024, the latest employee count at cbdMD is 42.

What is the annual revenue of cbdMD?

Annual revenue of cbdMD is $19.19M as on Sep 30, 2025.

What does cbdMD do?

cbdMD was founded in 2015 and is headquartered in Charlotte, United States. Operations focus on the cannabis sector, specifically as an e-commerce platform for CBD-based items. Categories such as oil tinctures, capsules, gummies, topicals, and products for animals are available for purchase. The company serves consumers seeking non-psychoactive hemp-derived wellness options through its domain, cbdmd.com.

Who are the top competitors of cbdMD?

cbdMD's top competitors include Vireo Health, Demetrix and CBD Unlimited.

What products or services does cbdMD offer?

cbdMD offers CBD Gummies, CBD Capsules, Topicals, and Pet Wellness.

Is cbdMD publicly traded?

Yes, cbdMD is publicly traded on AMEX under the ticker symbol YCBD.

How many acquisitions has cbdMD made?

cbdMD has made 1 acquisition, including Direct CBD Online.

Who are cbdMD's investors?

cbdMD has 1 investor. Key investors include Level Brands.

What is cbdMD's ticker symbol?

The ticker symbol of cbdMD is YCBD on AMEX.

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