Promino Nutritional Sciences Inc. - ELNSF STOCK NEWS

Element Nutritional Sciences Inc. (CSE:ELMT; OTC:ELNSF) has acquired exclusive North American rights for a plant-based amino acid formulation used in its Rejuvenate™ products. This strategic acquisition is expected to enhance Element's market presence in the sports nutrition sector with its new Promino™ product line. The North American sports nutrition market is valued at approximately US$14 billion, projected to grow at 7.8% annually, potentially exceeding US$20 billion by 2026. Element's formulation boasts significant advantages in muscle health and recovery.

Element Nutritional Sciences Inc. (CSE:ELMT; OTC:ELNSF) has commenced trading on the OTCQX® Best Market. This market requires companies to meet high financial and governance standards. The company's U.S. brand presence is significant with products like Rejuvenate™ and JAKTRX™ available in major retailers like CVS and Walgreens. CEO Stuart Lowther emphasized the move enhances investor access, liquidity, and growth potential.

Element specializes in nutraceuticals targeting the over-50 demographic, with Rejuvenate™ designed to combat muscle loss due to aging.

Element Nutritional Sciences Inc. (CSE:ELMT; OTC:ELNSF) announced a live interview with CEO Stuart Lowther conducted by WallStreetBets founder Jaime Rogozinski at 10 am ET today. The discussion will highlight the growth of Element's flagship product, Rejuvenate™, a clinically proven amino acid formulation aimed at improving muscle health, and updates on its distribution strategy with CVS, Walgreens, and Sam's Club. Lowther emphasized the company's strong market potential and intellectual property backing, as well as its focus on the over-50 demographic in the nutraceutical sector.

Element Nutritional Sciences Inc. (CSE:ELMT; OTC:ELNSF) has launched its Rejuvenate™ organic plant protein beverage and single-serve sachets online at Walgreens. This expansion follows a successful partnership where Rejuvenate™ is already available in over 8,000 Walgreens stores in the U.S. Walgreens, a leading pharmacy chain with significant revenue, indicates growing consumer demand. CEO Stuart Lowther highlighted increased sales velocity, reflecting a robust market opportunity for the product aimed at consumers aged 45 and above, promoting muscle health and vitality.

Element Nutritional Sciences Inc. announces that its Rejuvenate™ organic plant protein beverage is now available in all 589 Sam’s Club locations across the U.S., in addition to its online presence since July 2021. Sam’s Club, a subsidiary of Wal-Mart, reported total revenues of $64 billion for the fiscal year ending January 31, 2021. CEO Stuart Lowther stated that the company is expanding its market reach beyond pharmacies to larger retailers like Sam’s Club, aiming to capitalize on the growing demand for products that enhance muscle health.

Element Nutritional Sciences Inc. (CSE:ELMT; OTC:ELNSF) reports a remarkable 212% increase in revenue for the year-to-date ending September 30, 2021, amounting to $2.1 million. Significant milestones include securing purchase orders for over 8,000 Walgreens locations and launching products with major retailers like Sam’s Club and iHerb. The company plans to expand its distribution network and innovate new products throughout 2022. Management is optimistic about increasing sales velocity and maximizing product potential in the nutraceutical market.

Element Nutritional Sciences Inc. (CSE:ELMT; OTC:ELNSF) has announced that its common shares are now eligible for electronic clearing and settlement via The Depository Trust Company (DTC) in the U.S. This milestone facilitates trading on the OTCQX® Best Market, allowing for broader access through various brokerage firms. The OTCQX market requires companies to adhere to high financial standards and corporate governance. Element specializes in nutraceutical products aimed at consumers over 50, with its lead product, Rejuvenate™, targeting age-related muscle loss.

Element Nutritional Sciences reported a revenue increase of $2.1 million for Q3 2021, marking a 212% year-to-date rise, while Q3 alone saw a 249% jump to $0.6 million. The company added distribution partners like Sam's Club and Fortinos, and unveiled products in its innovation pipeline, including JAKTRX™ PROMINO. Despite revenue growth, Element faced a net loss of $3.0 million for Q3, although this is an improvement from $4.6 million in Q3 2020. The challenges include marketing costs and staff onboarding.