Commercial Credit Report for Can B Corp

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	Can B Corp
960 S Broadway Ste 120
Phone: (516) 205-4751p:516 205-4751	HICKSVILLE, NY 11801-5028 United States	Ticker: WRAPWRAP

On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.

Business Summary

Can B Corp. is a health and wellness company. The Company is engaged in developing, manufacturing, and selling products containing cannabinoids derived from hemp biomass and the licensing of durable medical devices. Its products include oils, creams, moisturizers, isolates, gel caps, spa products, and concentrates and lifestyle products. It develops its own line of proprietary products, as well as seeks synergistic value through acquisitions in the hemp industry. Its Duramed Division provides a sam Pro 2.0 medical device to patients through a doctor program whereby the physician evaluates the patients' needs for medical necessity, and if determined that the device use would be beneficial, writes a prescription for the patient, who signs a rental form, for a 35-day cycle for the unit, that is submitted to Duramed who bills the appropriate insurance company. The Company is also focuses on protecting and commercializing the cannabis patents covering liquid formulations of cannabis.

(Source: 10-K)

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	12/31/2023	Yes	Yes	-	Yes	Yes

Industries

SIC Code	Description
5149	Groceries and related products, not elsewhere classified
5499	Miscellaneous food stores
5122	Drugs, drug proprietaries, and druggists' sundries
5047	Medical, dental, and hospital equipment and supplies

Officers and Directors

Title	Name	Age	Title Date	Start Date
Chairman of the Board, Chief Executive Officer	MarcoAlfonsi	62	10/21/2018
Chief Financial Officer, Secretary, Director	Stanley L.Teeple	74	10/1/2018	10/1/2018
President of Pure Health Products	PasqualeFerro	61
4 additional Officers and Directors records available in full report.

Business Names

Business Name
Botanical Biotech LLC
CANB
CANBD
14 additional Business Names available in full report.

General Information

Number of Employees:	12	(As of 12/31/2023)
Outstanding Shares:	49,344,230	(As of 4/12/2024)
Shareholders:	250
Stock Exchange:	OTC
Federal Tax Id:	203624118

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