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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 announces Q2 2023 results with revenues of USD 2.75M, representing 228% YoY growth and 27% QoQ growth. VINIA total active subscriber count grew by 620%. Gross product margins increased to 40% in Q2 2023. Cost of customer acquisition declined by 62% compared to Q2 2022. Net loss per share was USD 0.6. Cash flow break even targeted in late 2023, profitability in early 2024.
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BioHarvest Sciences Inc. announces Q2 Performance Update Presentation on September 6, 2023, CEO to discuss Q2 financials and provide information on major marketing programs and new product pipeline.
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BioHarvest Sciences Inc. will be participating in the Jefferies Vitamins and Supplements Conference in London, England. CEO Ilan Sobel will be speaking on a panel about emerging and disruptive brands. The conference brings together investors and major corporations.
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BioHarvest Sciences Inc. (BHSC) has reported its Q1 2023 results, with revenues for its flagship product VINIA® reaching USD 2.2M, representing a growth of 209% compared to the same quarter last year. The company is reiterating its revenue guidance of USD 17M+ for the year and aims to achieve cash flow break-even by Q4 2023. Gross margins have improved to 37% in Q1 2023, compared to 26% in Q1 2022, demonstrating an improvement of 42%. The company plans to introduce new products, such as VINIA® Functional Coffee, by the end of the year.
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BioHarvest Sciences Inc. (CSE: BHSC) announced strong Q3 2021 results, reporting VINIA® sales of USD 688K, a 44% increase from Q2 and a remarkable 1,198% growth compared to Q3 2020. In Israel, sales orders reached USD 452K, while USD 236K came from the U.S. pilot program, marking 251% growth over Q2. The company is preparing to launch a new manufacturing facility in Israel to meet increasing demand. Financing activities raised USD 3.48M through private placements and USD 4.41M from warrants, supporting its growth initiatives.

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OTC:CNVCF

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109.86M
12.85M
25.85%
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