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Cibus pursues transition to sustainable raw material business and cost reduction

The Motley Fool +1 · ·by G4L

CBUS
CBUS Cibus Inc
$1.09 -6.03%
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  1. 1Cibus has strategically transitioned to a direct sales model for its sustainable raw material business.
  2. 2Cibus recorded quarterly revenue of $800,000 in the third quarter of 2026.
  3. 3As of September 30, 2026, Cibus's cash and cash equivalents are $10.7 million.

So what's the key point?

Cibus changed its method to selling products directly to focus on the eco-friendly raw material business. Quarterly revenue for the third quarter of 2026 was $800,000.

Source The Motley Fool +1 · View original ↗

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