CV Sciences Stock (OTC:CVSI), Quotes and News Summary

Q: What sector and industry does CV Sciences (CVSI) operate in?

CV Sciences is in the Consumer Staples sector and Personal Products industry. They are listed on the OTCQB.

CV Sciences Stock (OTC: CVSI) stock price, news, charts, stock research, profile.

Open	$0.037
Close	$0.040
Volume / Avg.	92.028K / 240.354K
Day Range	0.036 - 0.040
52 Wk Range	0.028 - 0.060
Market Cap	$6.545M
P/E Ratio	1.898
Dividend Yield	-
Exchange	OTC
RSI	0
Short Interest	-
Days to Cover	1

Recent News

Hemp-Focused Wellness Co. Moves Closer To Profitability, Reports Flat 2023 Revenue, Increase In Gross Profit

Hemp-focused consumer wellness company CV Sciences, Inc. (OTCQB: CVSI) announced on Thursday its financial results for the year ended Dec. 31, 2023. The San Diego-based company reported a gross margin of 44.3% for fiscal year 2023, representing an improvement from 34.2% for 2022. For the fourth quarter gross margin was 45.8%, representing a sequential improvement from 45.1% in the third quarter. "Our 2023 progress demonstrates our continuous commitment to innovation and cost-efficient execution as we move closer to profitability and positive cash flow," Joseph Dowling, CEO of CV Sciences, said. "As the CBD category consolidates, we have increased our market share in key sales channels, including the natural product retail channel. We will continue to focus our resources on new product development, as evidenced by our pet line expansion with our recent launch of pet chews for hip and joint health and calming care."

Jelena Martinovic

Capitalizing On Plant-Based Trend: Cultured Foods Acquisition Allows This US Hemp Co. To Expand In Europe

CV Sciences announced on Tuesday that it has consummated its purchase of Cultured Foods, a leading manufacturer and distributor of alternative plant-based vegan foods. The total consideration for the acquisition of Cultured Foods is up to $535,000.The acquisition creates an opportunity for the importation of Cultured Foods to the US and establishes a European base of operations for the sale and distribution of +PlusCBD products, opening doors to numerous new retail and distributor partners.

Jelena Martinovic

Hemp-Focused Wellness Company: Revenue Jumps To $4.1M, Gross Margin Peaks At 45.1%

CV Sciences, Inc. (OTCQB: CVSI), a consumer wellness company specializing in hemp extracts and other science-backed, natural ingredients and products, announced its financial results for the quarter ended September 30, 2023.

Joana Scopel

Financials

Quarterly

Annual

Name

Revenue Change
Gross Change
EBITDA Change
EBIT Change
Earnings Change

Analyst Rating

3.0

Hold

Strong Buy

Buy

Hold

Sell

Strong Sell

About CV Sciences Inc.

Sector

Consumer Staples

Industry

Personal Products

CV Sciences Inc develops, manufactures, markets, and sells herbal supplements and hemp-based cannabi...

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EPS worse than industry

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

EPS worse than industry

FAQ

How do I buy CV Sciences (CVSI) stock?

You can purchase shares of CV Sciences (OTCQB: CVSI) through any online brokerage.

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Who are CV Sciences's (CVSI) competitors?

There are no as such competitors for CV Sciences.

What is the target price for CV Sciences (CVSI) stock?

The latest price target for CV Sciences (OTCQB: CVSI) was reported by Cantor Fitzgerald on Friday, December 10, 2021. The analyst firm set a price target for 0.17 expecting CVSI to rise to within 12 months (a possible 328.21% upside). 0 analyst firms have reported ratings in the last year.

Current Stock Price for CV Sciences (CVSI)?

The stock price for CV Sciences (OTCQB: CVSI) is $0.0397 last updated April 24, 2024 at 3:25 PM EDT.

Does CV Sciences (CVSI) pay a dividend?

There are no upcoming dividends for CV Sciences.

When is CV Sciences (OTCQB:CVSI) reporting earnings?

CV Sciences’s Q1 earnings are confirmed for Monday, May 13, 2024.

Is CV Sciences (CVSI) going to split?

There is no upcoming split for CV Sciences.

What sector and industry does CV Sciences (CVSI) operate in?

CV Sciences is in the Consumer Staples sector and Personal Products industry. They are listed on the OTCQB.