CV Sciences, a CBD specialist based in Las Vegas, reported revenue of $14.9 million for its first quarter ended March 31, up 85% from the same period a year ago.
Net loss for the quarter was $9.4 million, compared with net income of $600,000 the prior year as the company expanded retail operations and recorded higher payroll and compensation expenses.
CV Sciences trades on over-the-counter markets under the ticker symbol CVSI.
To read more about CV Sciences’ latest earnings report, click here.
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