CV Sciences (CVSI) Reports In-Line Q2 EPS

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CV Sciences, Inc. Reports Second Quarter 2021 Financial Results

August 12, 2021 4:05 PM EDT

SAN DIEGO, Aug. 12, 2021 (GLOBE NEWSWIRE) -- CV Sciences, Inc. (OTCQB: CVSI) (the Company, CV Sciences, our, us or we), a preeminent supplier and manufacturer of hemp cannabidiol (CBD) products, today announced its financial results for the quarter ended June 30, 2021.

Second Quarter 2021 and Recent Financial and Operating Highlights

Revenue of $5.1 million for second quarter of 2021, compared to $5.4 million for the second quarter of 2020;Gross margin of 44.7% for second quarter of 2021, improved from 43.0% for the second quarter of 2020;Total cash balance of $3.0 million at quarter end, compared to $4.5... More