cbdMD cbdMD (formerly known as Level Brands and Level Beauty Group) is a company that produces cannabidiol (CBD) consumer products. | Surterra Wellness Surterra Wellness (also known as Parallel) is a developer and retailer of cannabis-based medical products intended to empower health and well-being. | Mile High Labs Mile High Labs is a company that provides cannabidiol (CBD) oils and concentrates from hemp plants. | Elixinol Elixinol is a manufacturer and distributor of industrial hemp-based dietary supplements and skincare products. | ||||
Founding Date | Founding Date 2015 | Founding Date 2015 | Founding Date 2014 | Founding Date 2016 | Founding Date 2013 | Founding Date 2014 | Founding Date 2019 |
Type | Type Public | Type Public | Type Private | Type Private | Type Private | Type Subsidiary | Type Private |
Tags | |||||||
Locations | Locations Charlotte, US HQ | Locations Las Vegas, US HQ | Locations Atlanta, US HQ | Locations Broomfield, US HQ Auckland, NZ Belfast, GB Belfast, GB Boulder, US | Locations Malibu, US HQ Los Angeles, US Westlake Village, US | Locations Westminster, US HQ Altrincham, GB | Locations Honolulu, US HQ Camden, US |
Employees | Employees 182 | Employees 639177% increase | Employees 2231% decrease | Employees 1658% decrease | Employees 432% decrease | Employees 186% increase | Employees N/A |
Valuation ($) | Valuation ($) 2 m | Valuation ($) 195.6 m | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||||
Revenue (est.) | Revenue (est.) $24.2m (FY, 2023) | Revenue (est.) $104.6m (FY, 2022) | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) N/A |
Cost of goods | Cost of goods $9.2m (FY, 2023) | Cost of goods $56.6m (FY, 2022) | Cost of goods N/A | Cost of goods N/A | Cost of goods N/A | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit $15m (FY, 2023) | Gross profit $48m (FY, 2022) | Gross profit N/A | Gross profit N/A | Gross profit N/A | Gross profit N/A | Gross profit N/A |
Net income | Net income ($22.9m) (FY, 2023) | Net income ($59.5m) (FY, 2022) | Net income N/A | Net income N/A | Net income N/A | Net income N/A | Net income N/A |
Operating ⚠ | |||||||
Brands | Brands N/A | Brands N/A | Brands 5 (May, 2020) | Brands N/A | Brands N/A | Brands 4 (Feb, 2020) | Brands N/A |
Products | Products N/A | Products N/A | Products N/A | Products N/A | Products N/A | Products 11 (Feb, 2020) | Products 22 (Feb, 2020) |
Funding | |||||||
Latest funding round | Latest funding round N/A | Latest funding round N/A | Latest funding round $ 82.7m (over 5 years ago) | Latest funding round $ 65m (over 5 years ago) | Latest funding round $ 500k (almost 5 years ago) | Latest funding round N/A | Latest funding round N/A |
Total funding raised | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 163m | Total funding raised $ 100m | Total funding raised $ 3.3m | Total funding raised N/A | Total funding raised N/A |