CBD Sales

Overall revenue for the CBD company grew by 9%, largely driven by its direct-to-consumer division, which saw e-commerce sales up 14.5% year over year.

For the fourth quarter, the company reported $26.9 million in revenue — a 17.9% increase over the prior-year period. For the full year, total revenue for the company was $95.2 million, up from $94.6 million in 2019.

Charlotte, N.C.-based cbdMD reported this week that from one quarter to the next, Paw CBD has seen a 64% increase in net sales. 

The two brands’ CBD oil tinctures now start at 300 mg per bottle, with potency of up to 5,000 mg per bottle available.