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CV Sciences Disputes Stock Purchase Agreement Termination

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CV Sciences Disputes Stock Purchase Agreement Termination

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CV Sciences ( (CVSI) ) just unveiled an announcement.

On November 21, 2024, CV Sciences, Inc. announced a Stock Purchase Agreement to acquire all shares of Extract Labs, a Colorado corporation, along with shares from Higher Love Wellness Company and Craig Henderson. However, on February 5, 2025, the sellers indicated they could not proceed due to a lack of bank consent, leading to a purported termination of the agreement. CV Sciences disputes this termination and is exploring its options.

More about CV Sciences

CV Sciences, Inc. operates in the pharmaceutical and consumer product industries, focusing on developing and commercializing innovative products based on cannabidiol (CBD) and other hemp-derived compounds.

YTD Price Performance: 29.41%

Average Trading Volume: 262,274

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $8.07M

For a thorough assessment of CVSI stock, go to TipRanks’ Stock Analysis page.

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