CV Sciences Inc (CVSI): Revenue of $5.6 million for the third qu...

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Thursday, 11/05/2020 4:08:48 PM

Thursday, November 05, 2020 4:08:48 PM

Revenue of $5.6 million for the third quarter of 2020; E-commerce sales of $1.8 million for the third quarter of 2020; Gross margin of 44.2% for the third quarter of 2020; Maintained strong total cash balance of $6.1 million at quarter end; Launched PlusCBDTM brand refresh and new products; Launched Happy LaneTM, a new THC-free CBD brand and product line for the convenience store channel; Launched CVTM Defense, a clinically supported immune formula which provides daily support; and Launched PlusCBDTM Pet, a full line of hemp extracts formulated exclusively for dogs and cats.

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