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Can B Corp Announces First Quarter 2021 Results
ACCESSWIRE
- Strengthened Balance Sheet with $1.7 Million Cash Balance
- Strong Gross Margin of 75%
HICKSVILLE,
NY / ACCESSWIRE / May 22, 2021 / Can B Corp. (OTCQB:CANB) ( Can B or the Company ) a diversified health and wellness company, announced today operating and financial results for the three months ended March 31, 2021.
Marco Alfonsi, Can B s Chief Executive Officer, commented, While we experienced a decline in our revenue due to Covid-19 s negative impact on markets we serve in elective surgeries and lost clients due to business closings of certain distributors, we have taken the time to maintain and strengthen our vertically integrated platform. As an integrated Health & Wellness company providing the highest quality cannabidiol (CBD) and traditional wellness products our business pipeline remains strong for both our own branded lines and our private label contract manufacturing. Additionally, we are in several ong
- Strengthened Balance Sheet with $1.7 Million Cash Balance
- Strong Gross Margin of 75% HICKSVILLE, NY / ACCESSWIRE / May 22, 2021 / Can B Corp. (OTCQB:CANB) ("Can B" or the "Company") a diversified
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