CBD Marketer CbdMD ‘Cautiously Optimistic’ About 2023 Sales Prospects 02/16/2023Posted by On


Following a 30% reduction in employee headcount and amid
declining revenue, CBD products marketer cbdMD is “cautiously optimistic” that it can increase sales in 2023.

The company remains heavily dependent on ecommerce and—as with
other CBD brands—its path to increased retail distribution faces stiff headwinds in the absence of …

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cbdMD sales fell 34% to $6.1 million-$4.9 million of which came from ecommerce. 02/16/2023In Q4 ended Dec. 31

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