{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-21-008238","form_type":"8-K","ticker":"YCBD","cik":"0001644903","company_name":"cbdMD, Inc.","filed_at":"2021-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.990462+00:00","generated_at":"2026-06-30T02:13:20.437149+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"cbdMD acquires DirectCBDOnline.com for $2M cash plus up to 600k shares; appoints co-founder John Wiesehan as CRO","bullets":["Acquired DirectCBDOnline.com for $2M cash and 400k common shares at closing; up to 200k additional shares tied to earnout.","Appointed John Wiesehan III as Chief Revenue Officer (base salary $180k, potential bonus up to 40%, one-time $160k sales bonus).","Brad Trawick appointed Director of Procurement; both co-founded DirectCBDOnline and will drive growth.","DirectCBDOnline is CBD marketplace with oils, tinctures, gummies; acquisition adds distribution and scale to cbdMD platform.","Shares subject to 180-day lock-up; earnout requires $4M net sales from DirectCBDOnline in next 12 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-21-008238","json":"https://secwatch.observer/filing/0001654954-21-008238.json","markdown":"https://secwatch.observer/filing/0001654954-21-008238.md","text":"https://secwatch.observer/filing/0001654954-21-008238.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1644903/000165495421008238/0001654954-21-008238-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1644903/000165495421008238/ycbd_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T02:13:20.437149+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"48cc1c3631","claim":"John J. Wiesehan III was appointed as Chief Revenue Officer at cbdMD, Inc..","evidence_excerpt":"Mr. John J. Wiesehan III was appointed Chief Revenue Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1644903/000165495421008238/0001654954-21-008238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Revenue Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}