During the corresponding time, Can B Corp saw a revenue deteriorated by -96.36 % year on year, sequentially revenue fell by -94.39 %. While revenue at the Can B Corp 's corporate clients
The Company operates in the hemp products and durable medical equipment markets. Its hemp division produces industrial hemp and processes hemp biomass, isolates, and isomers including CBN, CBG, delta-8, and delta-10. Facilities are located in Fort Morgan, Colorado; Mead, Colorado; and Tennessee, with a former facility in Miami, Florida, which closed in late 2022. The Company acquired assets from TWS Pharma, LLC, L7 TWS Pharma, LLC, and Music City Botanicals, LLC. Its hemp products contain 0.3% or less THC (delta-9).
The medical device division, comprising Duramed, Inc. and Duramed MI LLC, serves the post-surgery medical patient market, focusing on recovery and pain reduction. Duramed holds exclusive rights to distribute sam® Pro 2.0 and sam® Gel Coupling Patches in the United States for the Personal Injury Protection/No Fault Market under a Memorandum of Understanding with Sam International and ZetrOZ Systems LLC.
Customers and related entities include Botanical Biotech, LLC; CO Botanicals LLC; Duramed MI LLC; Duramed, Inc.; L7 TWS Pharma, LLC; Music City Botanicals, LLC; Sam International; TN Botanicals LLC; TWS Pharma, LLC; and ZetrOZ Systems LLC.
Can B’s Comment on Sales, Marketing and Customers
The Company operates in the hemp products and durable medical equipment markets. Its hemp division produces industrial hemp and processes hemp biomass, isolates, and isomers including CBN, CBG, delta-8, and delta-10. Facilities are located in Fort Morgan, Colorado; Mead, Colorado; and Tennessee, with a former facility in Miami, Florida, which closed in late 2022. The Company acquired assets from TWS Pharma, LLC, L7 TWS Pharma, LLC, and Music City Botanicals, LLC. Its hemp products contain 0.3% or less THC (delta-9).
The medical device division, comprising Duramed, Inc. and Duramed MI LLC, serves the post-surgery medical patient market, focusing on recovery and pain reduction. Duramed holds exclusive rights to distribute sam® Pro 2.0 and sam® Gel Coupling Patches in the United States for the Personal Injury Protection/No Fault Market under a Memorandum of Understanding with Sam International and ZetrOZ Systems LLC.
Customers and related entities include Botanical Biotech, LLC; CO Botanicals LLC; Duramed MI LLC; Duramed, Inc.; L7 TWS Pharma, LLC; Music City Botanicals, LLC; Sam International; TN Botanicals LLC; TWS Pharma, LLC; and ZetrOZ Systems LLC.
Sources:
Can B Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Can B Corp’s corporate clients.
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