2 CBD Companies Pledge Profits To COVID-19 Relief Initiatives

In tough times, we need to pull together. This is why two CBD brands have decided to donate their profits to COVID-19 relief initiatives.

Crazy Calm

Crazy Calm, a CBD coffee company out of Austin, Texas, announced it will donate all profits from online orders placed until March 31. The money will go to DirectRelief.org, an organization that works to provide doctors and nurses with life-saving medical resources to care for the world’s most vulnerable people.

The team is now working to fight the COVID-19 pandemic and has already provided nearly 800,000 N95 masks and surgical masks to China.

“COVID-19 is affecting literally every community worldwide," co-founder Matt Aaron told Benzinga. "The doctors and nurses are in short supply, underworked and need as much help as possible. Hopefully all cannabis companies can make small contributions that, combined will make a large, positive impact.”

Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter.

Smile

For its part, CBD brand Smile is donating 100% of its profits to the United Nations Foundation COVID-19 Fundraiser.

“CBD and smiling are both natural mood boosters and we’re honored to be contributing our profits towards the UN’s Fundraiser to support those in need,” said David Jiang Founder and CEO of Smile.

Stay turned to learn more about charitable initiatives in the cannabis and CBD space amid these trying times.

Lead image by Ilona Szentivanyi. Copyright: Benzinga. Encuentra tus noticias sobre cannabis en Español en ElPlanteo.

Posted In: CannabisNewsMarketsInterviewCoronavirusCovid-19Crazy CalmSmile CBD
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...