Despite the announcement this morning, shares of the NYSE-listed branding company still dropped 3.17% in trading on Wednesday, March 20th. Some investors took to Stocktwits to share their discontent, like RunsWithScissors55 who summed it all up saying “UGGHHHH THIS THING.”
According to the release, “Mingo Rad dedicates its resources to offering superior CBD packed with innovative, bold flavors. Sourcing exclusively from domestic hemp and crafted with a unique manufacturing process, Mingo Rad offers as non-GMO, gluten- and THC-free broad-spectrum product. Mingo Rad CBD vape oils deliver a smooth, satisfying vape experience, making it easier than ever to improve one’s overall health and wellness.”
“We wanted to provide our customers with an innovative, bold line of superior CBD vapes,” said Caryn Dunayer, Co-founder & President of cbdMD. “Mingo Rad offerings are bright, vibrant, and promote Naturally Good Vibes – with a natural and beneficial alternative to traditional vape products.”
The first five Mingo Rad flavors to hit the market include Melon H2O, Electric Razz, Coco Key, Mocha AF, and Sugar Cane. The best part is, everything that goes into Mingo Rad vape products come “straight from Mother Earth,” and are derived from non-GMO U.S.-grown industrial hemp.
With its bold branding and powerful backing, we’ll be watching to see if Mingo Rad products make a splash in the rapidly growing CBD market. In the meantime, be sure to subscribe to updates here so you never miss an important update.
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