CCA Industries, Inc. (OTCPK:CAWW) announced that it has engaged the investment banking firm Janney Montgomery Scott LLC. Lance Funston, Chairman of the Board and Chief Executive Officer stated, "As a follow up to my previous announcement that the Company's Board of Directors authorized management to select an investment banker to explore the Company's strategic alternatives, I am pleased to report that the Company has entered into an engagement letter with Janney Montgomery Scott LLC, whereby Janney will serve as the Company's exclusive agent to advise on and seek opportunities for the Company, including identifying transactions with prospective purchasers of the Company or any of its business or assets".