July 19, 2021, cbdMD.com
To continue to secure its place as the leading eCommerce marketplace for CBD and destination for wellness, the work at Direct CBD Online (www.directcbdonline.com) never stops. While this may seem contradictory, being purchased by cbdMD helps Direct CBD Online move in the right direction.
“cbdMD is well-positioned to increase its market share in the rapidly growing CBD industry. By folding in our team from DirectCBDOnline.com, we strengthen the foundation that cbdMD has built,” said John Wiesehan III, CEO of DirectCBDOnline.com.
Direct CBD Online purchased by cbdMD
cbdMD, Inc. (NYSE American: YCBD, YCBDpA), one of the leading, and most highly trusted and recognized CBD companies, announced July 19, 2021, that it has entered into a letter of intent to purchase leading CBD online marketplace, DirectCBDOnline.com, from Twenty Two Capital, LLC.
“Owning a CBD online marketplace that sells various CBD brands provides unique transparency to better understand consumer spending habits and trends across the wider CBD and hemp marketplace. In addition, the technology and digital strength that DirectCBDOnline.com owns enhance our overall direct-to-consumer ecommerce capabilities. We are very excited that the team from DirectCBDOnline.com will be joining cbdMD. John Wiesehan III and Brad Trawick, who are the co-founders of DirectCBDOnline.com will be playing important roles, as we expand further in the global CBD market. John will be appointed in a newly created role of Chief Revenue Officer at closing,” said Martin A. Sumichrast, Chairman & co-CEO of cbdMD, Inc.
Perks for our customer
This all sounds well and good but what does it all mean for you? Direct CBD Online being purchased by cbdMD gives the company a new set of tools to provide a great buying experience to our customers.
For one, this provides a whole new level of security to the brand and ensures that you will be able to shop at Direct CBD Online for a very very long time.
It also ensures that the products that we chose to put on our platform are of high quality. Indeed, cbdMD is a leader in standardization and consistency on the market. Consolidating our expertise will only reinforce our commitment to provide quality CBD products to our customers.
“We have a strong customer-first mentality here at Direct CBD Online,” Wiesehan III said. “We’re always looking for new and innovative ways to improve the customer’s experience from the moment they enter the site to when they’re enjoying their purchase just a few days later.”
About cbdMD, Inc.
cbdMD, Inc. is one of the leading and most highly trusted and most recognized cannabidiol (CBD) brands with a comprehensive line of U.S. produced, THC-free1CBD products. Our cbdMD brand currently includes over 130 SKUs of high-grade, premium CBD products including CBD tinctures, CBD gummies, CBD topicals, CBD capsules, CBD bath bombs, CBD bath salts, CBD sleep aids, and CBD drink mixes. Our Paw CBD brand of pet products includes over 45 SKUs of veterinarian-formulated products including tinctures, chews, topicals products of varying strengths, and our CBD Botanicals brand of beauty and skincare products features 15 SKUs, including facial oil and serum, toners, moisturizers, clear skin, facial masks, exfoliants, and body care. To learn more about cbdMD and their comprehensive line of U.S. grown, THC-free1 CBD oil products, please visit www.cbdmd.com, follow cbdMD on Instagram and Facebook, or visit one of the 6,000 retail outlets that carry cbdMD products.