Brooklyn Nets And WNBA NY Liberty Enter Landmark CBD Sponsorship With Mynd Drinks
Portfolio Pulse from Patricio Liddle
The Brooklyn Nets and NY Liberty have become the first NBA and WNBA teams to enter a sponsorship deal with a CBD brand, Mynd Drinks, as the NBA relaxes its CBD regulations. This partnership, facilitated by BSE Global, marks a significant shift in sports towards embracing wellness and recovery products. The NBA's progressive stance on cannabis, including removing it from its anti-drug testing program, opens new marketing avenues for CBD brands despite advertising restrictions. Kevin Durant's partnership with WM Technology Inc (NASDAQ:MAPS) highlights the growing acceptance of cannabis in the athletic community.

February 06, 2024 | 3:39 pm
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WM Technology Inc (NASDAQ:MAPS) gains visibility through Kevin Durant's partnership, highlighting the growing acceptance and potential market expansion of cannabis products in the sports industry.
Kevin Durant's involvement with MAPS not only brings attention to the company but also signals a broader acceptance of cannabis products in professional sports. This could lead to increased interest and investment in MAPS as the sports industry continues to embrace cannabis for wellness and recovery.
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