CV Sciences, Inc. Overview
Pro stress-test →CV Sciences is a consumer wellness company specializing in hemp-derived CBD products marketed under the PlusCBD brand. The company operates two distinct segments: a consumer product division focused on manufacturing and selling hemp extracts and plant-based supplements, and a drug development division focused on CBD-based therapeutics. PlusCBD is one of the top-selling hemp CBD brands in the natural products market.
Strategic Profile
Pro stress-test →CV Sciences leverages a portfolio of science-backed CBD products including gummies, softgels, topicals, and pet products sold through multiple channels—retail stores, distributors, e-commerce, and direct-to-consumer. The company has established significant retail distribution (8,400+ locations as of end 2021) and positions itself on clinical research validation and GMP compliance, differentiating from competitors in the fragmented hemp supplement space.
Competitive Landscape
Pro stress-test →CV Sciences competes in the fragmented hemp-derived CBD consumer products market against brands such as Charlotte's Web (Charlotte's Web Holdings), Elixinol, and white-label/private-label competitors. Differentiation centers on clinical validation, GRAS status, GMP manufacturing, and multi-channel retail distribution. The market is characterized by low barriers to entry and commodity-like price competition in standardized CBD formats (gummies, softgels).
Industry Context
CV Sciences, Inc. operates in Hemp-derived CBD consumer products.
Key facts
Founded: 2010 · Headquarters: San Diego, California · Employees: N/A · Revenue: $20.0M (FY2021) · Market cap: N/A