Streetbeat News

CVSI

CV Sciences Inc.

https://cvsciences.com/

Employees

Industry

All Other Miscellaneous Chemical Product and Preparation Manufacturing

Open

0.03

Mkt cap

6.4M

Volume

96K

High

0.04

P/E Ratio

-1.75

52-wk high

0.10

Low

0.03

Div yield

N/A

52-wk low

0.03

Marijuana stocks experienced significant movements on March 29, 2024, with notable gainers including GreenGro Technologies, CordovaCann, and Corbus Pharmaceuticals, among others. Losers for the day included Urban-gro, Auxly Cannabis Group, and Canopy Growth. The movements reflect the volatile nature of the marijuana stock market.

Portfolio Pulse from Benzinga Insights

March 29, 2024 | 8:30 pm

The article reports significant movements in cannabis stocks on March 28, 2024, listing both gainers and losers. Encompass Health (EHC) and Eastside Distilling (EAST) were among the gainers, while Urban-gro (UGRO), 22nd Century Group (XXII), Canopy Growth (CGC), Aurora Cannabis (ACB), GrowGeneration (GRWG), SNDL Inc. (SNDL), OrganiGram Holdings (OGI), and Village Farms International (VFF) were notable losers.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:30 pm

CV Sciences, Inc. (OTCQB:CVSI) reported its fiscal year 2023 financial results, showing a gross margin increase to 44.3% from 34.2% in 2022, and a net income of $3.1 million, reversing a $9.1 million net loss from the previous year. Revenue remained flat at $16 million, while gross profit rose to $7 million from $5.5 million. Operating expenses decreased significantly to $3.7 million from $12.4 million. The company highlighted its focus on innovation and market share growth in the CBD sector, particularly through new product development like pet chews.

Portfolio Pulse from Jelena Martinovic

March 28, 2024 | 4:04 pm

CV Sciences reported a slight decrease in Q4 sales to $3.80 million, down 1.78% from $3.87 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:07 pm

Cannabis stocks experienced significant movements on March 25, 2024, with notable gainers including Beleave, Green Growth Brands, and Auxly Cannabis Group, while losers comprised Global Hemp Group, Elixinol Wellness, and SOL Global Investments. Major US-listed companies like GrowGeneration, Canopy Growth, Aurora Cannabis, OrganiGram Holdings, Greenlane Holdings, Tilray Brands, Cara Therapeutics, and Cronos Group also saw varied stock price changes.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 9:30 pm

Cannabis stocks experienced significant movements on March 22, 2024, with notable gainers including Canopy Growth, Aurora Cannabis, and SNDL, among others. Losers included Belgravia Hartford Cap, Heritage Cannabis Holding, and Elixinol Wellness. The movements reflect the volatile nature of the cannabis market.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 9:30 pm

The cannabis sector experienced mixed movements on March 21, 2024, with several companies showing significant gains while others faced steep declines. Notable gainers included Rocky Mountain High, CLS Holdings USA, and Trulieve Cannabis, with increases of 40.20%, 9.89%, and 7.96% respectively. On the downside, AusCann Group Holdings and Elixinol Wellness saw dramatic drops of 71.63% and 70.75%. The volatility reflects bearish sentiment across the cannabis space.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 9:30 pm

Marijuana stocks experienced significant gains on a bullish Monday, with Greenlane Holdings leading the surge at 31.82% increase. Notable gainers include Heritage Cannabis, Canopy Growth, and Aurora Cannabis among others. Conversely, a few companies like Rocky Mountain High and Global Compliance faced declines.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 9:30 pm

Marijuana stocks experienced significant movements on March 13, 2024, with notable gainers including Global Hemp Group, Blueberries Medical, and 4Front Ventures, among others. Conversely, MedMen Enterprises led the losers, experiencing a dramatic 90% decline. Other companies such as AusCann Group Holdings and Elixinol Wellness also saw substantial drops. The movements reflect the volatile nature of the marijuana stock market.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 9:30 pm

The cannabis sector experienced mixed movements on March 11, 2024, with several companies showing significant gains while others faced steep declines. Notably, MedMen Enterprises and AusCann Group Holdings saw dramatic drops of 90% and 87.5%, respectively. On the gainers' side, CordovaCann led with a 39.35% increase. Major US-listed companies like Eastside Distilling, Psychemedics, Corbus Pharmaceuticals, Emeren Group, Aurora Cannabis, Genetic Technologies, Scotts Miracle Gro, and Cara Therapeutics also experienced price movements.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 9:30 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.