cbdMD, Inc.

Analysis for Ticker: YCBD

CbdMD Inc is a health and wellness business that produces CBD oils, gummies, and pet products primarily through online sales and wholesale channels. Behind the labels, the company is a structural disaster hiding a 179,8$ million deficit and surviving on only 3,38$ million in remaining cash. It is like a lemonade stand that spends five dollars on every cup to sell a drink for ten cents, then prints infinite fake coupons to pay the people who bought the stand. The business is not actually selling wellness; it is a mechanical equity press designed to print stock for insiders and debt holders until the ledger is empty.