CV Sciences Inc (CVSI)

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Michael Mona , Jr., President and CEO of CV Sciences stated, "We are happy to report to our stockholders that 100% of the convertible promissory notes issued to investors have been satisfied. Under the terms of the notes, investors converted principal and interest to our common stock at prices below market, and at prices that significantly declined as more and more conversions were effectuated."Mr. Mona continued, "By having now prepaid the remainder of these notes, we avoided conversions at these prices which we view as significant to our stockholders."