SAN DIEGO--(BUSINESS WIRE)--Inc. revealed that CBD.market, a premier online CBD store, ranks No. 920 on the 2024 Inc. 5000 annual list of America's fastest-growing private companies. In addition to the significant national ranking, CBD.market ranks 142nd in California, 20th in San Diego County, and 63rd nationally for American Consumer products.
Inc.'s prestigious list provides a data-driven look at the most successful companies with the American economy's most dynamic segment, namely independent, entrepreneurial businesses. Many brands gained their first national exposure as honorees on the annual Inc. 5000 list.
"Getting into the Inc. 5000 is a great achievement for us," said Alex Malkin, CEO and Co-founder of CBD.market. "We couldn't have done it without our loyal customers and the hard work of our staff in recognizing the pressing needs of consumers who want effective natural products to address various concerns. We will continue our efforts to ensure everyone can receive the best CBD products at affordable prices."
Inc. Business Media is the leading multimedia brand for entrepreneurs. Its proprietary Inc. 5000 list analyzes company data to rank the fastest-growing private businesses in the United States. The Inc. Top 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year's top companies, the average median three-year revenue growth rate is an astounding 1,637%. This year, Inc. 5000 companies have added 874,458 jobs to the economy during the past three years.
Inc. ranked the companies on its 2024 annual list according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, independent, and not subsidiaries or divisions of other companies as of December 31, 2023. The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million.
About CBD.market
CBD.market is an online CBD store founded in San Diego, CA, to provide consumers with the highest-quality CBD products. The company aims to educate consumers on the benefits of CBD products while offering a wide range of items at affordable prices. Products sold through the platform come with certificates from independent third-party labs attesting to product quality.
