Can B Corp.

CANB

US13470W2026

Food Retail & Distribution

End-of-day quote OTC Markets Other stock markets 06:00:00 2024-04-28 pm EDT			5-day change	1st Jan Change
0.0272 ^USD	-27.08%		-21.16%	+2.64%

Apr. 15	Can B Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Can B Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Can B : New Financial Obligation - Form 8-K

March 21, 2024 at 11:40 am EDT

ITEM 2.03.

CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT.

On February 29, 2024, Can B Corp. (the "Company") completed the sale of a promissory note in the principal amount of $75,000 to ClearThink Capital Partners, LLC ("ClearThink"). The purchase price of the note was $50,000, representing a 33.33% original issue discount. The note becomes due on November 29, 2024 and bears interest, payable upon maturity, at a rate of 12% per annum. ClearThink may convert the purchase price of the note and accrued and unpaid interest into shares of the Company's common stock at any time at a conversion price of $0.0772 per share. The proceeds of the loan were used for general working capital purposes.

ClearThink was previously issued convertible notes in the principal amount of $200,000 on August 7, 2023, $15,000 on September 22, 2023 and $37,500 on December 20, 2023 in connection with loans made to support the Company's operations.

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Can B Corp. published this content on 21 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 March 2024 15:39:16 UTC.

Latest news about Can B Corp.

Can B Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 15	CI
Can B Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 20	CI
Can B Corp. Announces its Move and Consolidation of its Pure Health Product Operations from Lacey, WA to Colorado	23-10-10	CI
Can B Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-21	CI
Can B Corp. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-22	CI
Can B Corp. Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-17	CI
Can B Corp. Auditor Raises 'Going Concern' Doubt	23-04-16	CI
Can B Corp. announced that it has received $1.55 million in funding	23-03-01	CI
Can B Corp. announced that it expects to receive $1.55 million in funding	23-02-26	CI
Can B Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-21	CI
Can B Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-22	CI
Forever Brands Signs Manufacturing Agreement with Imbibe Wellness Solutions, LLC for the Production of A New Plant Based Super Food Brand, Longevity by Brooke Burke Body	22-07-26	CI
Can B Corp. Signs Manufacturing and Distribution Agreement with Forever Brands	22-07-26	CI
Grand Havana, Inc. Announces Signing of an Agreement with Can B Corp, Inc	22-06-21	CI
Can B Corp. announced that it expects to receive $0.05625 million in funding from Alumni Capital LP	22-06-05	CI
Can B Corp. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-17	CI
Can B Corp. Reports Earnings Results for the Full Year Ended December 31, 2021	22-04-15	CI
Can B Corp. Auditor Raises 'Going Concern' Doubt	22-04-14	CI
Can B Corp. announced that it expects to receive $0.315 million in funding from Mast Hill Management, LLC	22-03-22	CI
Can B Corp. Executes Joint Venture with PrimeX Making Its CBD Products Available in Brazil	22-03-03	CI
Can B Corp. Auditor Raises 'Going Concern' Doubt	22-02-13	CI
Canbiola, Inc. completed the acquisition of 51% stake in Green Grow Farms Inc. from Iconic Brands, Inc..	19-12-30	CI
Canbiola, Inc. signed a binding letter of intent to acquire 51% stake in Green Grow Farms Inc. from Iconic Brands, Inc. for $0.7 million.	19-11-18	CI
Canbiola, Inc. Appoints Stanley L. Teeple as Chief Financial Officer, Secretary and Director of the Company	18-10-26	CI
Canbiola, Inc. Enters into Production and Distribution Agreement with International Spirits and Beverage Group, Inc	18-10-26	CI

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Company Profile

Can B Corp. is a health and wellness company. It is engaged in developing, manufacturing, and selling products containing cannabinoids derived from hemp biomass and the licensing of durable medical devices. Its products include oils, creams, moisturizers, isolates, gel caps, spa products, and concentrates and lifestyle products. It develops its own line of proprietary products, as well seeks synergistic value through acquisitions in the hemp industry. Its Duramed Division provides a sam Pro 2.0 medical device to patients through a doctor program whereby the physician evaluates the patients' needs for medical necessity, and if determined that the device use would be beneficial, writes a prescription for the patient, who signs a rental form, for a 35-day cycle for the unit, that is submitted to Duramed who bills the appropriate insurance company. Its products are sold to consumers online, via retailers, marketing partners, and events through doctors and health and wellness organizations.

Sector

Food Retail & Distribution

Calendar

2024-05-27 - Q1 2024 Earnings Release (Projected)

More about the company

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Other Food Retail & Distribution

Can B Corp.

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CANB

US13470W2026

Food Retail & Distribution

Can B : New Financial Obligation - Form 8-K

Latest news about Can B Corp.

Chart Can B Corp.

Company Profile

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Quarterly earnings - Rate of surprise

Sector Other Food Retail & Distribution