cbdMD Announces Partnership with Ken Block, Co-Founder of DC Shoes

CHARLOTTE, N.C., April 23, 2019 /PRNewswire/ -- cbdMD, a Level Brands company (NYSE American: LEVB), has officially announced its partnership with Ken Block, a professional rally and rallycross driver with the Hoonigan Racing division and Loenbro Motorsports.

During his nearly 15-year rally and rallycross career, Block has achieved many notable victories, including winning the Rally America Rookie of the Year award (2005), garnering an impressive 19 podiums and 8 overall victories in Rally events in a single year (2007), and achieving first place at the Rally New York USA competition (2008). On February 27, 2010, Block won the 100 Acre Wood Rally for the fifth consecutive time, thereby breaking the record held by driver John Buffum. Since then, Block has gone on to earn a total of 7 wins in 9 attempts at the popular Missouri-based event.

Most recently, Block raced his Ford Escort Cosworth ("The Cossie") in the 100 Acre Wood Rally held March 15-16, 2019. This event kicked off the start of the Cossie World Tour, a global racing challenge that will include stops in Ireland, New Zealand, San Marino, and England.

"We're thrilled for the opportunity to partner with Ken and continue our support within the racing community and motorsports vertical," said Caryn Dunayer, cbdMD President. "Can't wait to see him team up with fellow cbdMD athlete, Steve Arpin, and maybe a few other unexpected athletes throughout the year."

cbdMD is honored to support Block in the upcoming 2019 racing season, and as he continues to train naturally and compete supernaturally for years to come.

About cbdMD (www.cbdMD.com)
cbdMD, a Level Brands company, offers a comprehensive line of natural, THC-free, hemp-derived CBD oil products made in the US, including tinctures, capsules, gummies, pet products, bath bombs, topicals, and vape oils. As a company committed to the highest standards for CBD sourcing, extraction, and production, cbdMD is for consumers seeking to experience the full benefits of CBD in a safe, convenient, and cost-effective manner. For more information, please visit www.cbdMD.com.

About Level Brands (www.levelbrands.com)
Level Brands owns and operates the nationally recognized consumer cannabidiol (CBD) brand cbdMD, whose current products include CBD gummies, CBD tinctures, CBD topical, CBD bath bombs, CBD oils, and CBD pet products. The Company also operates a licensing and corporate brand management businesses under the kathy ireland® Health & Wellness; Ireland Men One (I'M1), and Encore Endeavor One (EE1) brands, as well as a personal products division Beauty & Pin-Ups.

Forward-Looking Statements
This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements can be identified by the use of words such as ''should,'' ''may,'' ''intends,'' ''anticipates,'' ''believes,'' ''estimates,'' ''projects,'' ''forecasts,'' ''expects,'' ''plans,'' and ''proposes.'' These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" in Level Brands, Inc.'s Annual Report on Form 10-K for the fiscal year ended September 30, 2018 as filed with the Securities and Exchange Commission (the "SEC") on December 12, 2018 and our other filings with the SEC. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, many of which are generally outside the control of Level Brands, Inc. and are difficult to predict.  Level Brands, Inc. does not undertake any duty to update any forward-looking statements except as may be required by law.

Public Relations:
Danielle Crary
[email protected]

Investors:
RedChip Companies
Dave Gentry, 407-491-4498
[email protected]

SOURCE cbdMD