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cbdMD gains access to 11 million viewers worldwide, including millions of members in 14,000 affiliated gyms in 158 countries

CHARLOTTE, NC – (BUSINESS WIRE) – cbdMD, Inc. (NYSE Americans: YCBD, YCBDpA) (the “Company”), one of the leading, most trusted and recognized cannabidiol (CBD) brands, announced today that it has an exclusive Signed sponsorship agreement as official CBD partner for the NOBULL CrossFit Games, which will take place July 27th-August 1st in Madison, Wisconsin. cbdMD will also be the official sponsor of the NOBULL CrossFit Games Semifinals, which will take place from May 28th to June 20th. The sponsorship gives cbdMD access to the CrossFit Games audience of 11 million viewers worldwide, including millions of members in 14,000 affiliated gyms in 158 countries.

“CbdMD is proud to become the official CBD partner of the NOBULL CrossFit Games and the NOBULL CrossFit Semifinals. We applaud the millions of die-hard CrossFit members who join our Team cbdMD group of elite athletes who use our products for their recovery from hard training and exercising. I believe cbdMD and CrossFit are a perfect match. Special thanks go to Hans Molenkamp for helping to organize this incredible partnership, ”said Martin A. Sumichrast, Chairman and Co-CEO of cbdMD, Inc.

“We are excited to welcome cbdMD to the CrossFit Games,” said Justin Bergh, Vice President, Sports and Partnerships, CrossFit. “As a publicly traded, industry-leading company, their enthusiastic support for CrossFit athletes and coaches at all levels makes this partnership a very exciting one.”

About CrossFit

CrossFit is the world’s leading platform for health, happiness and performance. In the 20 years since its inception, CrossFit® has grown from a garage gym in Santa Cruz, California to the world’s leading health and fitness brand. CrossFit aims to create an inviting and inclusive environment for everyone. Millions of people have already experienced the transformational benefits of CrossFit through workouts in 14,000 affiliated gyms in 158 countries. CrossFit also organizes and operates the annual CrossFit Open, where athletes at all levels worldwide compete for the chance to advance to the NOBULL CrossFit Games, where top athletes compete for the title Fittest on Earth ™. More information is available at www.CrossFit.com.

About cbdMD, Inc.

cbdMD, Inc. is one of the leading, most trusted and recognized cannabidiol (CBD) brands with a comprehensive line of US-made, THC-free1 CBD products. Our cbdMD brand currently includes over 130 items of high quality premium CBD products including CBD tinctures, CBD gums, CBD themes, CBD capsules, CBD bath bombs, CBD bath salts, CBD sleep aids and CBD drink mixes. Our Paw CBD brand for pet products includes over 45 SKUs of veterinarily formulated products, including tinctures, chews, topical products in various strengths. Our CBD Botanicals beauty and skin care products brand includes 15 SKUs including facial oil and serum, toners and moisturizers, clear skin, face masks, scrubs and body care products. To learn more about cbdMD and its extensive line of US-grown, THC-free1 CBD oil products, please visit www.cbdmd.com, follow cbdMD on Instagram and Facebook, or visit any of the 6,000 retail stores selling cbdMD- Offer products.

Forward-Looking Statements

This press release contains certain forward-looking statements that are based on current expectations and involve certain risks and uncertainties within the meaning of the US Private Securities Litigation Reform Act of 1995. Such forward-looking statements can be identified by the use of the words “should”, “may”, “intends”, “anticipates”, “believes”, “estimates”, “estimates”, “projects”, “projected”, “projected” . expects, plans and proposes. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and difficult to control predict. You are urged to carefully review and consider warnings and other information, including the statements under the heading “Risk Factors” in cbdMD, Inc.’s Annual Report on Form 10-K for the fiscal year ended September 30, 2020 as filed with the Securities and Exchange Commission (the “SEC”) on December 22, 2020 and our other filings with the SEC. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, many of which are generally beyond the control of cbdMD, Inc. and difficult to predict. cbdMD, Inc. assumes no obligation to update forward-looking statements unless required by law. The information that appears on our websites and social media platforms, including but not limited to Instagram and Facebook, is not part of this press release.

1 THC-free is defined as being below the detection limit using validated scientific analysis tools.

PR: 5W public relations

cbdMD@5wpr.com

(212) 999-5585

Investors: cbdMD, Inc.

John Weston, director of investor relations

John.Weston@cbdMD.com

(704) 249-9515

Source: cbdMD, Inc.