Right On Brands, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 21, 2023 at 05:12 pm EST
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Right On Brands, Inc. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was USD 0.259918 million compared to USD 0.339194 million a year ago. Net loss was USD 0.069318 million compared to USD 0.163999 million a year ago.
For the nine months, sales was USD 0.809383 million compared to USD 0.716734 million a year ago. Net income was USD 0.028435 million compared to net loss of USD 0.263924 million a year ago.
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. 
