Connect with us

Business

CV Sciences Inc (OTCMKTS:CVSI) Speaks Out About Its Expanded Business Collaboration With The Vitamin Shoppe

Published

on

CV Sciences Inc

CV Sciences Inc (OTCMKTS:CVSI) is pleased about the recent success in the roll-out of more Vitamin Shoppe locations. The company has been targeting to expand the reach of its diverse products to more consumers. Initially, the company had unveiled about 400 The Vitamin Shoppe locations, and the latest addition takes the number to a total of 515 locations. These stores are located in 36 U.S. states and Puerto Rico, and the company says it will continue making more efforts.

Dowling’s thoughts

The Chief Executive Officer of CV Sciences Joseph Dowling has made his statement regarding the recent developments. This company official says that they have come across many challenges, but he is glad they are moving forward in spite of that.

He adds that the delivery of high-quality products is their greatest drive and that they are not going to make any compromises on that. CV Sciences’ efficacious CBD hemp extract products are about the promotion of healthy lifestyles among consumers.

A close outlook at the company’s business activities

The product distribution is being done across a vast assortment of CV Sciences’ best-selling PlusCBD™ Oil products. Some of the products under sale include the company’s topical products, such as PlusCBD™ Oil Roll-On and the PlusCBD™ Oil Extra Strength Balm.

This PlusCBD™ Oil Roll-On was unveiled just a short while back. The company also seeks to boost the sale of its PlusCBD™ Oil full-spectrum hemp extracts, including Gold Formula Drops, Gold Formula Softgels, and Total Plant Complex Sprays and Capsules.

PlusCBD™ Oil is known to perform remarkably in the Total U.S. Natural Channel, having the best-selling CBD hemp extract supplement. Its Extra Strength Balm is a top-rated product according to results from researchers SPINS and IRI data*. The research bodies indicate the products performing well in the Total U.S. MULO (Multi-Outlet) and the Total U.S. Natural Channel.

 CV Sciences is proud to have its product hitting such high-performance levels among the hemp CBD topical this year. Reports show an annual growth rate of almost 169%, and this is for the period 2018 – 2022.

In its recent statement, CV Sciences said it was going to channel more funds in both its distinct business segments. These are the consumer product division and drug development division. It will be seeking to boost their operations for increased revenues.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.

FEATURED STORIES

PROFILES1 month ago

Post Views: 33,912 Can you spot the difference between the hemp plant and marijuana plant? Hint: It’s not in the...

Business2 months ago

Stem Holdings Inc (OTCMKTS:STMH) Reports A Growth Of 960% In Q3 2020: Unveils TJGardens Branded Tinctures

Post Views: 774 Stem Holdings Inc (OTCMKTS:STMH) posted an increase of 960% YoY to $6.7 million in Q3 2020. It...

Business2 months ago

Indiva Ltd (OTCMKTS:NDVAF) Signs Three Provincial Agreements: Expands Distribution Network To Eight Provinces: Reports A Robust Growth Of 1273.7% In Q2 2020 Revenues

Post Views: 694 Indiva Ltd (OTCMKTS:NDVAF) posted a robust growth of 1273.7% YoY to CAD 2.826 million in revenues in...

Business2 months ago

4Front Ventures Corp (OTCMKTS:FFNTF) Receives Approval From CCC For Mission Dispensary and Cultivation Facilities In Worcester: Will Commence Adult-Use Cannabis Sales

Post Views: 743 CCC (Cannabis Control Commission) in Massachusetts approved cultivation and processing facilities and Mission Dispensary of 4Front Ventures...

Business2 months ago

Pure Sunfarms, A Joint Venture Of Village Farms International Inc (NASDAQ:VFF), Ships Bottled Oil Products TO British Columbia

Post Views: 821 Pure Sunfarms, which is a Village Farms International Inc (NASDAQ:VFF) JV, commenced shipment of Cannabis 2.0 products...

INDUSTRIAL HEMP2 months ago

Health Canada Grants Cannabis 2.0 License To Abba Medix Corp, An Auxiliary Of Canada House Cannabis Group Inc (OTCMKTS:SARSF)

Post Views: 671 Abba Medix Corp., a wholly-owned subsidiary of Canada House Cannabis Group Inc (OTCMKTS:SARSF), received an amended cannabis...