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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 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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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

CNVCF Rankings

CNVCF Stock Data

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