Countryâs top-selling hemp-derived CBD brand recognized for its purity and value; PlusCBD Oil⢠products pass rigorous third-party quality testing for THC and heavy metals
LAS VEGAS, Feb. 20, 2019 (GLOBE NEWSWIRE) --
CV Sciences, Inc.
(CVSI) (the âCompanyâ, âCV Sciencesâ,
âourâ, âusâ or âweâ), a preeminent supplier and manufacturer of
industry-dominating hemp CBD brand, PlusCBD Oilâ¢, today
announced that its best-selling product, PlusCBD Oil⢠Gold
Softgels, has been named a âTop Pickâ by ConsumerLab.com, LLC
(CL), a leading provider of independent test results for the
supplement industry. PlusCBD Oil⢠Gold Softgels received this
recognition based on the productâs industry-leading purity and
value, as well as its label accuracy.
Additionally, CV Sciences announced that each of its hemp CBD products testedâ including PlusCBD⢠Oil Capsules, Balm, Softgels, Drops, Sprays and Gummies â have passed CLâs rigorous quality testing for CBD, which includes tests for THC and heavy metals.
âConsidering the significant variations that have been shown in the amounts and quality of CBD in marketed products, we believe credible third-party analysis and certification is critical for establishing and maintaining customer trust,â said Joseph Dowling, Chief Executive Officer of CV Sciences. âCV Sciences is committed to safety and integrity in all of our products, and we have gone the extra mile to ensure that PlusCBD Oil⢠is the most innovative and highest quality CBD brand on the market. It is gratifying to see our hard work recognized by ConsumerLab, which maintains among the highest standards of any third-party group certifying the quality of dietary supplements.â
To conduct its test, CL purchased a sampling of popular products labeled to contain CBD, cannabinoids (other than THC), and/or hemp extracts, and tested them to determine the amount of CBD they contained compared to their labels. Products were also tested for contamination with lead, cadmium and arsenic, and then compared by label accuracy, quality and cost.
CV Sciencesâ PlusCBD Oil⢠is the top-selling brand of hemp-derived CBD in independent retail and ranked second in sales overall in the independent natural products retailer channel when combining all supplement categories, according to SPINS, the leading provider of data and insights for the natural, organic and specialty products industry. The Companyâs natural product retail channel includes more than 2,000 locations nationwide and the Company expects the passage of the 2018 Farm Bill to result in significantly increased distribution across food, drug and mass (FDM) channel retailers, broadening exposure and availability of PlusCBD Oil⢠to millions of U.S. consumers.
About CV Sciences, Inc.
CV Sciences, Inc. (CVSI) operates two
distinct business segments: a consumer product division
focused on manufacturing, marketing and selling plant-based CBD
products to a range of market sectors; and a drug development
division focused on developing and commercializing novel
therapeutics utilizing synthetic CBD. The Companyâs Plus CBD Oilâ¢
is the top-selling brand of hemp-derived CBD on the market,
according to SPINS, the leading provider of syndicated data and
insights for the natural, organic and specialty products industry.
CV Sciences, Inc. has primary offices and facilities in San Diego,
California and Las Vegas, Nevada. Additional information is
available from OTCMarkets.com or by visiting www.cvsciences.com. FORWARD-LOOKING
DISCLAIMER
This press release may contain certain forward-looking
statements and information, as defined within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and is subject to the Safe Harbor
created by those sections. This material contains statements about
expected future events and/or financial results that are
forward-looking in nature and subject to risks and uncertainties.
Such forward-looking statements by definition involve risks,
uncertainties.
CONTACT INFORMATION:
Investor Contact:
ICR
Scott Van Winkle
617-956-6736
[email protected]
Media Contact:
ICR
Cory Ziskind
646-277-1232
[email protected]