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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.

BioHarvest Sciences Inc. (CNVCF) is a biotechnology innovator leveraging patented Botanical Synthesis technology to transform plant-based molecule production. This news hub provides investors and industry stakeholders with timely updates on corporate developments, scientific breakthroughs, and strategic initiatives driving the company's growth in nutraceuticals and contract manufacturing.

Access comprehensive coverage of BioHarvest's progress across key areas including VINIA® product expansions, CDMO partnership announcements, and manufacturing facility upgrades. The page aggregates official press releases and verified news about financial results, clinical research outcomes, and sustainability achievements.

Key content categories include updates on the company's dual revenue streams, technological advancements in Botanical Synthesis, and regulatory milestones. Users will find information about BioHarvest's Yavne production facility expansion, strategic collaborations in pharmaceutical development, and consumer product innovations.

Bookmark this page for streamlined access to CNVCF's evolving story in sustainable biotechnology. Check regularly for authoritative updates on operational milestones and market positioning directly from corporate sources and verified financial news outlets.

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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Bioharvest

OTC:CNVCF

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109.86M
12.85M
25.85%
Packaged Foods
Consumer Defensive
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