Right On Brands, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 14, 2023 at 02:30 pm EST
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Right On Brands, Inc. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was USD 0.328914 million compared to USD 0.241111 million a year ago. Net loss was USD 0.091753 million compared to USD 0.096048 million a year ago.
For the six months, sales was USD 0.734759 million compared to USD 0.549465 million a year ago. Net loss was USD 0.170936 million compared to net income of USD 0.097753 million a year ago. Basic loss per share from continuing operations was USD 0.01.
Right on Brands, Inc. is engaged in the sale of health and wellness products. The Companyâs business is conducted through its wholly owned subsidiaries, Endo Brands, Inc. (Endo Brands), Endo Wellness Centers, and Humble Water Company. The Company creates and markets a line of cannabidiol (CBD) consumer products. It creates brands with functional ingredients, and its focus is industrial hemp, hemp derived cannabinoids, and high alkaline water. Its Endo Brands include ENDO Drops, ENDO Ease, ENDO Tokes, and ENDO Gummies. ENDO Drops is a daily CBD, CBN or Delta-8 supplementation. ENDO Ease is its Endo Select Hemp Oil used as either a warming lotion, cooling lotion or salve. Its ENDO Tokes products are a range of products made for people who would rather smoke their CBD or Delta-8. It sells three different types of gummies, such as CBD, CBD and Melatonin, and Delta-8. The Company uses various manufacturers and co-packers to create its Endo branded products.
RIGHT ON BRANDS, INC. 
