CV Sciences Inc (CVSI)

[Wolf-man jack]

True Chilly outside with a chance of a few show ers to show me the money. You’ll probably be able to show it on August 6 in the financial report. The alleged consignment would have taken place in the first quarter when the Kroger deal was announced. I haven’t analyzed the last quarter of 2018 and the first quarter of 2019 at this time, but will get back with you if I can come up with anything pertinent. Here is an accounting perspective on consignments if you are interested. Wolf

Request from the consignee a statement of on-hand inventory at the end of each accounting period when the consignor is conducting a physical inventory count. The consignor incorporates this information into its inventory records to arrive at a fully valued ending inventory balance.

https://www.accountingtools.com/articles/2017/5/13/consignment-accounting