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GRVI| Name | Value |
|---|---|
| Revenues | 14.4M |
| Cost of Revenue | 11.6M |
| Gross Profit | 2.9M |
| Operating Expense | 7.8M |
| Operating I/L | -4.9M |
| Other Income/Expense | -0.8M |
| Interest Income | 0.0M |
| Pretax | -5.7M |
| Income Tax Expense | -1.5M |
| Net Income/Loss | -4.1M |
Grove, Inc. and its subsidiaries specialize in developing, producing, and selling raw materials, white label products, and end consumer products containing cannabidiol (CBD) extracted from the industrial hemp plant. The company caters to consumer markets such as botanical, beauty care, pet care, and functional food sectors. Additionally, they organize an annual tradeshow related to the CBD industry in the United States, generating revenue through product sales and event participation.
