CV Sciences, Inc. Appoints Dr. Stephen M. Schmitz to its Board of Directors

Highly Regarded Pharma Veteran with Extensive Expertise in Drug Safety, Dietary Supplement Safety, Clinical Development and Regulatory Affairs


LAS VEGAS, NV--(Marketwired - May 16, 2017) - CV Sciences, Inc. (OTCQB: CVSI) ("CV Sciences", "our" or "we"), today announced the appointment of Stephen M. Schmitz, MD, MPH to its Board of Directors effective May 10, 2017.

CV Sciences' President and CEO Michael J. Mona, Jr. commented, "We are very pleased to have Dr. Schmitz join our Board and look forward to his contributions. His extensive medical background and proven track record in the pharmaceutical industry, including his safety and regulatory expertise, will be invaluable to us as we move our drug development program forward to commercialization."

Dr. Schmitz is a board certified physician with nearly 20 years of experience in the pharmaceutical industry with extensive experience in drug safety, dietary supplement safety, clinical development and regulatory affairs. He has worked for several major pharmaceutical companies in the therapeutic areas of neurosciences, ophthalmology, medical devices and orphan (rare) diseases. While the focus of his pharma career has been in drug safety, he has also worked in clinical development and served as the medical monitor for numerous studies. Before entering the pharmaceutical industry, Dr. Schmitz worked in preventive medicine and practiced family and occupational medicine. Dr. Schmitz earned his B.S. in biology from Fairfield University, an M.D. from Rutgers New Jersey Medical School, and his M.P.H. from the Boston University School of Public Health.

About CV Sciences, Inc.

CV Sciences, Inc. (OTCQB: CVSI) operates two distinct business segments: a drug development division focused on developing and commercializing novel therapeutics utilizing synthetic CBD; and a consumer product division in manufacturing, marketing and selling plant-based CBD products to a range of market sectors. CV Sciences, Inc. has primary offices and facilities in San Diego, California and Las Vegas, Nevada. Additional information is available from OTCMarkets.com or by visiting www.cvsciences.com.

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