Can B Corp. Reports Growth of 45% to Company All-Time High $6.7 Million Annual Revenue
HICKSVILLE, NY, April 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Can B Corp. (OTCQB: CANB) (“Can B” or the “Company”), a health and wellness company specializing in developing, producing, and selling hemp-derived cannabinoid products, today announced the Company's financial results for the twelve months ended December 31, 2022.
- Revenue increased 45% to $6.7 million.
- Adjusted EBITDA loss decreased by 25% to $2.1 million.
- Accounts receivable at $6.6 million.
- Total assets at $15.6 million.