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cbdMD (NYSE:YCBD) said Monday Scott Coffman retired from his role as president and co-CEO, effective immediately. Coffman will remain on YCBD's board in a newly created role of vice chairman. He will continue to advise management on its digital marketing strategies and new product development. YCBD appointed Kevin MacDermott as president. MacDermott recently served as an advisor and executive at Convergence Acceleration Solutions (CAS Group), an independent consulting firm.