CV Sciences, Inc. (OTC: CVSI)

CV Sciences, Inc. specializes in the development, manufacture, and distribution of nutraceuticals and plant-based foods, with a focus on hemp extracts and other natural ingredients. The company operates in the consumer wellness industry, catering to both business-to-business (B2B) and business-to-consumer (B2C) markets. CV Sciences generates revenue through the sale of its branded products, which include hemp extracts and plant-based food items. The company's primary products are sold under the brands +PlusCBD, +PlusHLTH, Cultured Foods, and Lunar Fox. These products cater to various market sectors, including nutraceuticals, beauty care, specialty foods, and pet products. The customer base for CV Sciences spans a range of distributors, retailers, and direct consumers, with a significant presence in the natural products market.

• +PlusCBD: This brand offers an award-winning line of hemp-derived CBD products available in various forms such as softgels, tinctures, topicals, and gummies. It is the top-selling brand of hemp-derived CBD in the natural product retail market. The brand also includes +PlusCBD Pet, which provides hemp extract benefits specifically formulated for cats and dogs.

• +PlusHLTH: Launched in 2024, this brand focuses on cannabinoid-free supplements designed to deliver targeted formulations for optimized health, improved performance, and increased vitality. Products under this brand are distributed to select retailers in the U.S. and are available online.

• Cultured Foods: This brand specializes in plant-based, natural, gluten-free, and shelf-stable food products. The products are currently distributed in Europe and cater to individuals seeking vegan, gluten-free, or flexitarian options.

• Lunar Fox: Introduced in March 2025, this brand offers plant-based, natural, gluten-free, and shelf-stable products tailored for the U.S. market. The products are distributed to select retailers in the U.S.

CV Sciences operates in a highly competitive industry, facing competition from numerous companies, both publicly and privately owned, such as Charlotte's Web Holdings Inc., cbdMD, Inc., and Medterra CBD, Inc. The company's competitive advantages include its commitment to science-backed products, rigorous quality standards, and a strong focus on research and development. CV Sciences has invested significantly in developing relationships with growers globally to ensure access to high-quality raw materials. The company's products are tested extensively to meet high standards of purity and potency, and it strives to meet or exceed FDA's Good Manufacturing Practices (GMP) guidelines.

The customer base for CV Sciences is diverse, including retailers, distributors, and direct consumers. The company's products are sold through various channels, including online platforms, select distributors, brick-and-mortar retailers, and e-tailers. CV Sciences has established relationships with wholesalers, distributors, and retailers across the natural product, specialty, and professional market industries. The company's expansive distribution network allows it to build consumer trust in its brand and products. As of the latest reports, the company's three largest customers accounted for a relatively small percentage of total sales, indicating a broad and diversified customer base.