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Can B Corp Announces Second Quarter 2020 Results

Can B Corp OTCQB CANB August 20, 2020

HICKSVILLE, NY, Aug. 20, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Can B Corp. (OTCQB: CANB) (“Can B” or the “Company”), a diversified health and wellness company, announced today operating and financial results for the second quarter ended June 30, 2020.

Management Commentary:

“Like most companies, we have been negatively impacted by the global COVID-19 pandemic and the uncertainty brought on by it. We have taken necessary steps to try to stabilize our business and reduce our operating expenses,” commented Marco Alfonsi, Can B’s Chief Executive Officer.

Mr. Alfonsi continued, “Our pipeline of opportunities remains strong highlighted by our exclusive license agreement with Lifeguard Licensing Corp. for the use of the well-known LifeGuard brand name and logo for a host of products that will include CBD and non-CBD formulations and our Can B Superfood line. Our team also remains focused on expanding the availability of our Pure Leaf Oil and Canbiola CBD brands, as exemplified by our recent agreement with United Grocery Outlets.”

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