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cbdMD says direct-to-consumer CBD business 'exploded' during pandemic, expects jump in 4Q numbers

cbdMD, Inc. (NYSEAMERICAN:YCBD) co-CEO Martin Sumichrast tells Proactive the Charlotte, North Carolina-based group's direct-to-consumer CBD business 'exploded' during pandemic.

Because of this, Sumichrast says the group is expecting net sales revenue for its fourth quarter of fiscal 2020 to be within the range between $11.5 and $11.7 million compared to $9.54 million in the fourth quarter of fiscal 2019.

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Price: 2.33 USD

NYSE:YCBD
Market: NYSE
Market Cap: $121.41 m
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