Welcome to our dedicated page for BIOHARVEST SCIENCES news (Ticker: CNVCF), a resource for investors and traders seeking the latest updates and insights on BIOHARVEST SCIENCES stock.
BioHarvest Sciences Inc. (CSE: BHSC) (OTCQB: CNVCF) (FSE: 8MV) is a pioneering biotechnology company with a focus on Botanical Synthesis. The company leverages its patented technology platform to produce plant-based molecules without the need to grow the underlying plant. BioHarvest is actively engaged in developing science-based and clinically proven therapeutic solutions in nutraceutical health and wellness products, including dietary supplements, and the creation of plant cell-based Active Pharmaceutical Ingredients (APIs) for specific medical indications. With a strong emphasis on innovation and research, BioHarvest aims to revolutionize the health and wellness industry with its cutting-edge products.
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.
BioHarvest Sciences Inc. has successfully increased Cannabis cell production with trichomes by 250x, transitioning to medium-scale bioreactors. This milestone is crucial for advancing to industrial-scale production and aims for commercialization of Cannabis and Hemp products in H1 2022. The proprietary Amalgamated Trichomes Coral Structure technology is key to this scale-up, ensuring resilience during growth. The Company’s CEO expressed confidence that this development will lead to a significant shift in Cannabis adoption in food and health sectors.
FAQ
What is the current stock price of BIOHARVEST SCIENCES (CNVCF)?
What is the market cap of BIOHARVEST SCIENCES (CNVCF)?
What is the core business of BioHarvest Sciences Inc.?
What are the main products of BioHarvest Sciences Inc.?
What is BioHarvest Sciences Inc.'s approach to therapeutic solutions?
What are some recent achievements of BioHarvest Sciences Inc.?