Major cbdMD Stakeholder Executes Eye-Catching Stock Sale

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2025.12.20 02:06
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Significant shareholder Clark R. Crosnoe sold 550,701 shares of cbdMD, valued at $1,274,788, indicating a shift in ownership. cbdMD announced a $2.25 million capital raise through Series C convertible preferred stock, regaining NYSE compliance. Despite financial challenges and negative earnings, these actions aim to stabilize operations. Spark rates YCBD as "Underperform" due to financial issues and weak momentum. YTD price performance is -35.67% with a market cap of $20.25M.