CV Sciences, Inc. Announces Resignation of Michael Mona III as President and from the Board of Directors
January 22, 2019 at 07:15 pm IST
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CV Sciences, Inc. announced that Michael Mona, Jr., the company’s Founder and former President and Chief Executive Officer, has retired from his position as an employee with the company. The company also announced that it has eliminated the title of President, and Michael Mona III, will continue as the company’s Co-Founder and Chief Operating Officer. In mid-2018, Mr. Mona Jr. stepped down as the company’s President and Chief Executive Officer and assumed the role of an employee to manage the Company’s supply chain relationships. Since June 1, 2018, Mr. Mona Jr. has worked to ensure a seamless transition of these relationships. On January 18, 2019, with those relationships solidified and strong, Mr. Mona Jr. tendered his resignation as a CV Sciences employee. The company also announced that Michael Mona III has resigned from the office of President of the company, and the board of directors has eliminated the position. Joseph Dowling shall continue to serve as the company’s Chief Executive Officer and Michael Mona III shall continue to serve as the company’s Co-Founder and Chief Operating Officer.
CV Sciences, Inc. is a consumer wellness company specializing in nutraceuticals and plant-based foods. Its hemp extracts, and other science-backed, natural ingredients and products are sold through a range of sales channels from business-to-business to business-to-consumer. It operates a drug development program focused on developing and commercializing cannabidiol (CBD)-based therapeutics. It develops, manufactures, markets and sells herbal supplements, CBD products and plant-based food products under brands: +PlusCBD and Cultured Foods in the healthcare market sector: nutraceutical, beauty care, specialty foods, and pet products. +PlusCBD branded products are sold at select retail locations throughout the United States. Cultured Foods brand provides a variety of plant-based food products and caters to individuals seeking vegan, gluten-free, or flexitarian options for a culinary experience. It manufactures encapsulated softgels and tinctures for the supplement and nutrition industry.
CV SCIENCES, INC. 
