CV Sciences, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

7. RELATED PARTIES

7. RELATED PARTIES	6 Months Ended
Jun. 30, 2016
Related Parties
RELATED PARTIES	Total receivables from MJNA totaled $540,351 at both June 30, 2016 and December 31, 2015, respectively. During the three months ended June 30, 2016 and 2015, the Company paid $100,000 and $1,434,050, respectively, to a stockholder of the Company who is a supplier of hemp oil and hemp to the Company. During the six months ended June 30, 2016 and 2015, the Company paid the same stockholder of the Company $102,977 and $2,976,436, respectively. In addition, during the second quarter of 2016, the Company issued 500,000 shares of common stock in connection with consulting services from a European supplier valued based on the closing trading price of the Company’s common stock on the date of issuance.

7. RELATED PARTIES

6 Months Ended

Jun. 30, 2016

Total receivables from MJNA totaled $540,351 at both June 30, 2016 and December 31, 2015, respectively.

During the three months ended June 30, 2016 and 2015, the Company paid $100,000 and $1,434,050, respectively, to a stockholder of the Company who is a supplier of hemp oil and hemp to the Company. During the six months ended June 30, 2016 and 2015, the Company paid the same stockholder of the Company $102,977 and $2,976,436, respectively. In addition, during the second quarter of 2016, the Company issued 500,000 shares of common stock in connection with consulting services from a European supplier valued based on the closing trading price of the Company’s common stock on the date of issuance.