Uncertain future for CBD, continued competition drive down CV Sciences’ 4th quarter sales

Hemp Industry Daily
By Laura DrotleffMar 17, 2020, 1:41 pm213 pts
CV Sciences, a San Diego-based CBD manufacturer that makes topical treatments sold nationwide, saw sales drop by 34% in the most recent fiscal quarter as the company blamed an overheated market for missing analyst expectations. “The category is simply over-branded,” CEO Joseph Dowling told investors Monday…

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