Posts Tagged ‘CBD market’

Nature’s Sunshine Q3 Net Sales Consistent with 2018

Nature’s Sunshine Q3

Nature’s Sunshine Products, Inc. (NASDAQ: NATR) reported relatively consistent sales for the third quarter ended September 30, 2019 compared with the third quarter of 2018. Net sales of $88.5 million decreased 0.3 percent compared to $88.8 million in the third quarter of 2018. Regionally, net sales were (in thousands): Asia – $33,717, down 1.0% from…

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Nature’s Sunshine Enters CBD Market

CBD market

Nature’s Sunshine Products, Inc. recently announced that it will enter the CBD market with a full line of hemp-derived CBD products. Scientists at the company’s Hughes Center for Research and Innovation have developed a series of proprietary products containing whole spectrum hemp extracts containing naturally occurring CBD that deliver targeted levels of phytocannabinoids to trigger…

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Kannaway Revenue Up 200% for 2018

2019 BIG Awards

Medical Marijuana, Inc. (OTC: MJNA) subsidiary Kannaway® experienced significant growth with 2018 revenue of $46.8 million, an increase of nearly 200 percent over 2017.   MJNA, the first publicly traded cannabis company in the U.S., announced the Kannaway results as well as the company financial results for the quarter and year ending Dec. 31, 2018.   The…

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An Historic Day: Canada Is 2nd Country to Legalize Recreational Cannabis

Canada Legalize Recreational Cannabis

Canada’s legalization of recreational cannabis may likely put more pressure on the US to pass the 2018 Farm Bill, which would help to grow be a boon to the CBD market—thus allowing direct selling companies to sell cannabis products for both medical and recreational purposes. At the stroke of midnight, Canada became the second country…

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