CV Sciences Inc (CVSI)

[ThePrestige1]

I'm no expert but a simple Google search said:

NASDAQ SmallCap Market Listing Requirements

Small capitalization companies can be listed on the NASDAQ SmallCap Market if they have either:

Net tangible assets of $4 million,
$50 million market capitalization, or
Net income in the latest fiscal year or two of the past three fiscal years of $750,000.

In addition, these companies must have a public float of $1 million, a market value of the public float of $5 million, a minimum of 300 shareholders, and at least three market makers. Also, these companies must have an operating history of at least one year or $50 million market capitalization. The initial minimum bid price is $4.00 and the same ongoing minimum bid price and peer review requirements as are set forth above apply.