After a lengthy decision process in a competition that was filled with thousands of worthy candidates, FAB CBD was ranked number 1718 in Inc. 5000 for 2022. According to the Inc. website, obtaining a spot in the prestigious annual ranking is a major achievement for growing businesses.
Here is where we landed on each list:
• 6 in Milwaukee
• 17 in Wisconsin
• 24 in Midwest
• 127 in Consumer Package Goods
• 1718 in "Inc. 5000 Fastest Growing Companies in America"
Any business can apply to be considered for ranking, but the application process is detailed and quite lengthy. Interested businesses must submit a brief description of their company along with the application, three years of tax returns, and financials that have been signed by their CPA. Once the team at Inc. completes their list, chosen companies are then named to that year’s Inc. 5000 ranking of the fastest-growing companies in America.
Some famous alumni of the list include Grubhub, SkullCandy, and Kind Snacks. And now, FAB CBD also has the unique distinction and honor of being named as a company that thrives in the face of adverse economic conditions. We’re proud of the fact that we’ve had a 360% three-year growth.
What Makes Businesses Eligible to Apply for the List?
Inc. ranks the top 5,000 privately held businesses across the United States by taking their three-year revenue growth rates into consideration.
More specifically, each business has to have:
- Generated measurable revenue by March 31, 2017 and have grossed at least $100,000 in revenue that year
- Met a minimum revenue threshold of $2 million in 2020
- Been a privately held business that’s located in the United States and is independently owned
Those businesses that apply need to submit all of their information by the deadline that’s set by Inc.
Accolades for FAB CBD
We have the honor of being included in the Inc. 5000 list because, as the tagline of our founder’s email says, “We’re hyper focused on making an impact.” To that end, we’re a customer-centered CBD brand that uses science and innovation to create clean and potent products that people love.
For those who are new to our brand, we create pure and effective CBD products that include full-spectrum CBD oil, Topical CBD Cream, Full Spectrum Body Salve, CBD+CBG Oil, “Anytime” and “Nighttime” gummies, Calm & Cool Crunchy CBD Dog Treats, and our newest addition, Complete Cannabinoid CBD Softgels.
Our mission has always been simple and straight to the point. We simply seek to create the best products on the market while providing extraordinary customer service. In short, we want to support a new generation of people who are living a preventative lifestyle while giving back to our community at the same time.
One of the many ways that we work to support our community, as well as help others outside of it, is by partnering with respected charitable organizations.
So far, we’ve joined forces with:
- Make-A-Wish Wisconsin
- The Wisconsin chapter of Feeding America
- One Tree Planted
- Charlie Rocket’s Dream Machine
- Watering Seeds Organization
- Operation Underground Railroad
We’ve also donated Chromebooks and laptops to local Milwaukee schools to help students who were struggling amid the Covid-19 shutdown. It’s our greatest pleasure to be able to successfully give back to others in a meaningful and impactful way, and our customers are also a big part of that.
Inc. introduced its list of the 500 fastest-growing privately held companies in the United States in 1982. Since then, this prestigious list has become a benchmark of entrepreneurial success and a place where brands like Pandora, 7 Eleven, Zipcar, Zappos.com, and others first made their mark. Inc. expanded its list to 5000 companies in 2007, which gave its readers a broader, richer, and deeper understanding of the entrepreneurial landscape within the United States.
To this day, the Inc. 5000 list is a celebration of the innovation, hard work, and energy of today’s entrepreneurial leaders. Furthermore, the top 500 companies are also featured in the September issue of Inc. Magazine, which has been, and continues to be, one of the top advocates of entrepreneurs for 38 years strong.
Looking Toward the Future
This award is a tremendous honor. And while it’s great to have such an exciting accomplishment, we still plan on pushing the envelope to give our customers the best, most potent, and innovative products possible. Every one of our unique formulations is driven by science and customer feedback. Moreover, our team works hard to ensure that we achieve only the best outcomes for our customers.
So while we are here to help facilitate a preventative wellness lifestyle for our customers, we also aim to stay consistent by carefully crafting products that are easy to use and effortless to fall in love with. Lastly, we believe that through staying the course we’re able to help our customers do the same on their own unique and personal wellness journeys.