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Bioharvest - CNVCF STOCK NEWS

Welcome to our dedicated page for Bioharvest news (Ticker: CNVCF), a resource for investors and traders seeking the latest updates and insights on Bioharvest stock.

About BioHarvest Sciences Inc. (CNVCF)

BioHarvest Sciences Inc. is a biotechnology company revolutionizing the health and wellness industry with its patented Botanical Synthesis technology. Headquartered in Vancouver, Canada, and Rehovot, Israel, BioHarvest is pioneering a sustainable approach to producing plant-based molecules without the need to grow entire plants. This innovative process significantly reduces environmental impact while delivering scientifically validated, high-quality compounds for a range of applications.

Core Business Model

BioHarvest operates two distinct business verticals:

  • Nutraceutical Products: The company develops proprietary health and wellness products, including dietary supplements like its flagship VINIA® line. These products are designed to address cardiovascular health, physical energy, and mental alertness, leveraging the benefits of red grape polyphenols and other plant-derived compounds.
  • Contract Development and Manufacturing Organization (CDMO): BioHarvest provides services to pharmaceutical, nutraceutical, and food industries, developing complex plant-based molecules for use in therapeutic drugs, functional foods, and non-nutritive sweeteners. This division offers both immediate revenue from contracts and long-term monetization through royalties on commercialized molecules.

Technological Innovation

At the heart of BioHarvest's operations is its proprietary Botanical Synthesis platform. This cutting-edge technology enables the production of plant-derived active ingredients in a controlled, scalable environment, bypassing traditional agricultural methods. By focusing on the molecular level, BioHarvest achieves higher yields, improved consistency, and reduced resource consumption. This positions the company as a leader in sustainable biotechnology.

Strategic Growth and Market Position

BioHarvest is strategically expanding its manufacturing capabilities and product portfolio to meet growing demand. Its new 80,000 square-foot facility in Yavne, Israel, will house advanced GMP clean rooms and a next-generation manufacturing plant, enhancing its production capacity for both nutraceutical products and CDMO services. The company’s focus on innovation is evident in its "VINIA Inside" strategy, integrating its proprietary ingredients into functional beverages and other consumer products.

Competitive Advantage

BioHarvest differentiates itself through its unique technology, which offers environmental sustainability, cost efficiency, and scientific validation. Its dual revenue model provides resilience, balancing direct-to-consumer sales with B2B partnerships. Additionally, the company’s commitment to clinical research and product efficacy strengthens its credibility in the competitive nutraceutical and CDMO markets.

Future Prospects

With plans to uplist to the Nasdaq and expand its product offerings, BioHarvest is well-positioned for growth. The company aims to achieve EBITDA profitability in the near term, supported by robust subscription growth for its VINIA® products and increasing demand for its CDMO services. Its focus on innovation, scalability, and sustainability aligns with global trends in health and wellness, making it a compelling player in its industry.

Conclusion

BioHarvest Sciences Inc. is at the forefront of biotechnology, leveraging its patented Botanical Synthesis technology to transform the nutraceutical, pharmaceutical, and food industries. By combining innovation, sustainability, and scientific rigor, the company addresses critical market needs while positioning itself for long-term success.

Rhea-AI Summary
BioHarvest Sciences Inc. engages MZ Group for investor relations and financial communications program. MZ to enhance BioHarvest's visibility and market strategy. BioHarvest's Botanical Synthesis technology drives revenue growth and profitability goals. Company poised to disrupt Health and Wellness industry with innovative plant-based products.
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BioHarvest Sciences Inc. announces its participation and sponsorship of the 2024 BIO CEO & Investor Conference in New York City. CEO Ilan Sobel will host meetings with investors and present the company's disruptive botanical synthesis platform. The company aims to accelerate growth and drive sustainable shareholder value.
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BioHarvest Sciences Inc. (CSE: BHSC) (OTCQB: CNVCF) (FSE: 8MV) has reported robust revenue growth, gross margin expansion, and the launch of new product lines in 2023. The flagship product, VINIA®, is expected to drive record 2023 revenues of at least $12.4 million, representing a growth of at least 125% compared to 2022. The company aims to explore highly differentiated nutraceutical products using olive and pomegranate cells, expand geographically, and achieve profitability in 2024. BioHarvest is also making a commitment to engage with new investors and enhance long-term value for its shareholder partners.
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BioHarvest Sciences Inc. (BHSC) closed the second and final tranche of its non-brokered private placement of convertible notes, raising a total of CA$ 13,622,873.26. The successful financing allows the company to focus on profitability in 2024 and validates the significant Intellectual Property asset value created by the BioHarvest Sciences team and their platform.
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BioHarvest Sciences Inc. (CSE: BHSC) (OTCQB: CNVCF) (FSE: 8MV) announces the launch of VINIA Superfood Coffee, a disruptor in the $6B US coffee pod market. The company expects Q4 2023 revenue to range from USD 4.2M - 4.5M. The product line features VINIA Red Grape Superfood, known for improving blood flow, and has seen significant growth in revenues and customer base, with a 113% increase in Q3 revenues compared to the previous year.
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BioHarvest Sciences Inc. (CSE: BHSC) (OTCQB: CNVCF) announces Q3 Performance Update Presentation on December 13, 2023. CEO Ilan Sobel will discuss double-digit revenue growth, improved gross profit margins, and the upcoming launch of VINIA functional coffee.
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BioHarvest Sciences Inc (BHSC) announces Q3 2023 revenue of USD 3.24M for its flagship VINIA® product, representing 113% YoY growth and 18% QoQ growth. Gross profit margin improved to 45%. Total active VINIA® subscribers grew by 213% YoY. Q4 2023 revenue guidance is USD 4.2M - 4.5M.
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BioHarvest Sciences Inc. has closed the first tranche of its non-brokered private placement of convertible notes, raising CA$11,786,489.90 out of a total financing of up to CA$13.5M. The Convertible Notes have a term of 24 months and bear interest at 12% per annum. Holders can convert the notes into common shares at a conversion price equal to the closing market price of the company's shares on the date of conversion, with a discount of 20%. Major investors who invested $2,000,000 USD or more received warrants valid for two years. The company plans to use the proceeds to leverage growth opportunities.
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BioHarvest Sciences receives Canadian product license for VINIA® nutraceutical product
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BioHarvest Sciences Inc announces that US sales of VINIA® in August have crossed the $1M per month line, validating its Botanical Synthesis technology platform.
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FAQ

What is the current stock price of Bioharvest (CNVCF)?

The current stock price of Bioharvest (CNVCF) is $5.99 as of February 7, 2025.

What is the market cap of Bioharvest (CNVCF)?

The market cap of Bioharvest (CNVCF) is approximately 109.9M.

What is BioHarvest Sciences' core technology?

BioHarvest leverages its patented Botanical Synthesis platform to produce plant-based molecules without growing entire plants, offering sustainability and efficiency.

What products does BioHarvest offer?

BioHarvest offers proprietary nutraceutical products like VINIA® and provides CDMO services to develop plant-based molecules for various industries.

How does BioHarvest generate revenue?

The company operates a dual revenue model, generating income from direct-to-consumer nutraceutical sales and B2B CDMO contracts with potential royalties.

What industries does BioHarvest serve?

BioHarvest serves the nutraceutical, pharmaceutical, food nutrition, and functional foods industries through its products and CDMO services.

What is VINIA®?

VINIA® is a flagship nutraceutical product by BioHarvest, featuring red grape polyphenols designed to support cardiovascular health and energy levels.

What is the significance of BioHarvest's CDMO division?

The CDMO division develops complex plant-based molecules for clients, offering immediate revenue and potential long-term royalties from commercialized products.

What are BioHarvest's growth plans?

BioHarvest plans to expand manufacturing, launch new products, and uplist to Nasdaq to enhance visibility and attract institutional investors.

How does BioHarvest ensure product quality?

The company utilizes GMP-certified facilities and conducts clinical research to ensure the efficacy and safety of its products.

What makes BioHarvest sustainable?

Its Botanical Synthesis technology reduces resource consumption by producing plant-based molecules without traditional agriculture.

How does BioHarvest differentiate itself from competitors?

BioHarvest combines patented technology, sustainability, and clinical validation, offering unique value in the nutraceutical and CDMO markets.
Bioharvest

OTC:CNVCF

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109.86M
12.85M
25.85%
Packaged Foods
Consumer Defensive
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Canada
Vancouver