cbdMD Issues Shares in Private Placement for Gaia Botanicals Acquisition

Reuters01-14
cbdMD Issues Shares in Private Placement for Gaia Botanicals Acquisition

cbdMD Inc. has announced the acquisition of substantially all assets of Gaia Botanicals, LLC, including its brand, online CBD marketplace Bluebird Botanicals, trademarks, inventory, and select other assets. As part of the transaction, cbdMD issued 425,000 shares of its restricted common stock to Gaia at closing, with an additional earnout of up to 525,000 shares contingent on future performance. The shares issued are subject to a 180-day lock-up period and were issued in a private placement exempt from registration under Section 4(a)(2) of the Securities Act.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. cbdMD Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-001219), on January 14, 2026, and is solely responsible for the information contained therein.

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