---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-017970"
form_type: "8-K"
ticker: "YCBD"
cik: "0001644903"
company_name: "cbdMD, Inc."
filed_at: "2026-05-20T21:16:17+00:00"
generated_at: "2026-05-20T21:19:42.084503+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# cbdMD extends warehouse lease through 2031, cuts footprint and annual rent by ~$450k

## Summary
- Third Amendment to Lease extends term 62 months to Nov 30, 2031 for 40,000 sq ft (down from 80,000).
- Monthly base rent starts at $38,000 ($11.40 PSF) with annual increases to $46,233 ($13.87 PSF).
- Base rent abated Oct–Nov 2026; additional abatement if wall construction not completed by Dec 31, 2026.
- Annual gross rent expense reduction of ~$450,000; net reduction of ~$100,000–$120,000 after sublet rent.
- Management states reduced footprint aligns with current and long-term needs and lowers operating expenses.

## SEC filing metadata
- accession: 0001437749-26-017970
- form_type: 8-K
- ticker: YCBD
- cik: 0001644903
- company_name: cbdMD, Inc.
- filed_at: 2026-05-20T21:16:17+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1644903/000143774926017970/0001437749-26-017970-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1644903/000143774926017970/ycbd20260520_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-017970
- JSON: https://secwatch.observer/filing/0001437749-26-017970.json
- Plain text: https://secwatch.observer/filing/0001437749-26-017970.txt

## Key facts
- Material Agreements
  cbdMD, Inc. amended Third Amendment to Lease (effective 2026-05-20).
  - Action: amendment
  - Agreement: lease
  - Effective: 2026-05-20
  source text: Effective May 20, 2026, cbdMD, Inc. (the “Company”) entered into a Third Amendment to Lease (the “Amendment”) to extend the Warehouse Lease entered into on August 27, 2019, as amended (the “Lease”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1644903/000143774926017970/0001437749-26-017970-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.