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cbdMD (NYSE:YCBD) filed for an offering that includes any combination of common stock, preferred stock, warrants or units for up to $200M. The company said the authorized capital was 150M shares of common stock, valued at $0.001 per share, and 50M shares of blank check preferred stock, valued at $0.001 per share. Net proceeds from the sale of the securities will be used for general corporate purposes, which may include working capital, capital expenditures, and product development and marketing costs.