CV Sciences Inc (CVSI)

[Condor65]

CannaVEST Corp. Increases Efficiencies and Scale, Broadening its Customer Base

http://www.otcmarkets.com/stock/CANV/news

LAS VEGAS, Oct. 30, 2014 (Canada NewsWire via COMTEX) -- CannaVEST Corp. (OTC:CANV), a leading manufacturer and distributor of hemp and cannabidiol (CBD) based products, announces that it has broadened its customer base due in part to efficiencies in its supply chain and processing capabilities. As CannaVEST's processes and protocols have become more refined and efficient, and its supply chain more robust, CannaVEST has been able to pass savings on to its customers in the form of lower prices for its award winning CBD oil. This has resulted in an increase in CannaVEST's customer base, allowing the company to make its products available to a wider array of businesses and consumers.

"Over the last year, we have further established our supply chain relationships in Europe and have committed to additional inventory and processing capability. We have been able to pass on these economies of scale to our customers, which has resulted in a broader, more diverse customer base," said CannaVEST Corp. President and Chief Executive Officer, Michael Mona, Jr. Mr. Mona added, "[w]e continue to refine our processing capabilities, and have optimized our quality control and quality assurance protocols, which has led to a more streamlined, efficient and economical process for refining our award-winning CBD products and compounds."

CannaVEST is in active discussions with various enterprises to partner in providing its consumer-grade PlusCBDTM to existing and new, innovative consumer products.