Cbdmd reports second quarter results

Cbdmd's new line of functional mushroom products, atrx, launches into national retailer charlotte, north carolina--(newsfile corp. - may 15, 2024) - cbdmd, inc. (nyse american: ycbd) (nyse american: ycbdpa), one of the nation's leading and most highly trusted and recognized cbd companies, and operator of the leading cbd brands cbdmd and paw cbd, along with its new functional mushroom brand atrx labs today announced its financial results for the march 31, 2024 second quarter of fiscal 2024 year end. while year-over-year operational losses showed a slight increase from $1.4 million in the second quarter of fiscal 2023 ending march 31, 2023 to $1.5 million in second fiscal quarter 2024, management believes recently implemented expense reductions are poised to generate significant savings in the second half of the fiscal year.
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