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cbdMD Introduces Botanicals Skin Care Following 77% Sales Growth In Fiscal 2020

Executive Summary

The cannabidiol firm’s e-commerce direct-to-consumer business more than doubled in fiscal 2020, propelling 77% growth in overall net sales to around $42m. The new cbdMD Botanicals line – including Clearskin Be Gone, Dynamic Serum and more than a dozen other offerings – is expected to contribute to further “robust” gains in 2021.

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