Welcome to our dedicated page for Two Hands news (Ticker: TWOH), a resource for investors and traders seeking the latest updates and insights on Two Hands stock.
Overview of Two Hands Corporation (TWOH)
Two Hands Corporation (CSE: TWOH) is a Canadian-based distribution company specializing in the grocery market through its flagship brand, Cuore Food Services. With a focus on delivering high-quality food products, the company operates as a key player in the food distribution and logistics industry, catering to diverse customer segments, including grocery retailers, restaurants, and potentially end consumers. Two Hands' business model revolves around sourcing, managing, and distributing a wide variety of grocery items, ranging from fresh produce and meats to pantry staples, bakery goods, and specialty products such as gluten-free and organic items.
Core Business Operations
At the heart of Two Hands' operations is its commitment to maintaining a continuously updated inventory. The company acquires its products from a network of trusted suppliers across Canada and internationally, ensuring a consistent supply of high-demand items. Its product categories encompass:
- Fresh Produce: Fruits and vegetables sourced from local and international growers.
- Meats: A variety of protein options catering to diverse culinary needs.
- Pantry Staples: Essential grocery items, including grains, canned goods, and condiments.
- Bakery & Pastry Goods: Freshly baked products to meet retail and wholesale demands.
- Specialty Items: Gluten-free and organic products addressing niche consumer preferences.
By leveraging its Cuore Food Services brand, Two Hands aims to provide a reliable and efficient supply chain solution for its customers, emphasizing quality, variety, and accessibility.
Industry Context and Market Position
The grocery distribution industry is characterized by intense competition, logistical challenges, and evolving consumer preferences. Two Hands operates within this dynamic landscape by focusing on niche markets, such as organic and specialty foods, which have seen growing demand in recent years. The company's ability to source products both domestically and internationally positions it as a versatile player capable of meeting diverse customer needs. Additionally, its emphasis on inventory management and product diversity helps differentiate it from competitors, which may include large-scale distributors and smaller niche suppliers.
Challenges and Differentiators
Like other companies in the food distribution sector, Two Hands faces potential challenges such as supply chain disruptions, regulatory compliance, and competition from established players. However, its focus on specialty products, such as gluten-free and organic items, allows it to carve out a unique position in the market. By addressing the growing consumer demand for healthier and more sustainable food options, Two Hands aligns itself with broader industry trends, enhancing its appeal to both customers and stakeholders.
Value Proposition
Two Hands Corporation's value proposition lies in its ability to provide a diverse range of high-quality grocery products through an efficient and transparent distribution network. Its commitment to sourcing from reputable suppliers, both locally and internationally, ensures a steady supply of fresh and specialty items. Through its Cuore Food Services brand, the company demonstrates a focus on customer satisfaction, adaptability, and market responsiveness, making it a significant player in the grocery distribution industry.
Two Hands (CSE: TWOH.X) (OTC: TWOH) held a special shareholders meeting on March 31, 2025, resulting in several key decisions. Shareholders approved the previous issuance of 3,000,000,000 common shares to Emil Assentato, converting US$300,000 in outstanding convertible promissory notes. This transaction resulted in a change of control, with Assentato now holding 54.85% ownership of the company.
Additionally, shareholders authorized the Board of Directors to implement a company name change, subject to CSE approval. However, the proposed 1:20,000 share consolidation was rejected by shareholders and will not proceed.
Two Hands Corporation (CSE: TWOH) has expanded its Italian product offerings on the Gocart.city grocery platform. This initiative aims to enhance differentiation in a growing online grocery market, particularly in the Greater Toronto Area. With a surge in online grocery shopping trends, the company plans to offer authentic Italian products, including unique pastas and olive oils, to meet rising consumer demand. The expansion is supported by partnerships with local Italian manufacturers, reflecting a strategic move to capitalize on evolving shopping behaviors.
Two Hands Corporation (OTC Pink: TWOH) announced the filing of an Amended and Restated Prospectus with the Ontario Securities Commission on January 25, 2022. CEO Nadav Elituv highlighted that the company exceeded CAD 1 million in sales for 2021, largely driven by their student grocery programs at two major Toronto universities. The company aims to list on the CSE and expects to file a final prospectus by April 2022. Two Hands focuses on increasing shareholder value through business growth and reducing overall debt.
Two Hands Corporation (OTC Pink: TWOH) announced significant milestones in its gocart.city operations, growing its grocery offerings to over 2,700 items and its customer base to over 1,000. The company has also expanded its delivery area and frequency. Focused on retail and food service channels, it plans to expand its student grocery programs. Financially, the company completed CAD$1 million in Series D funding and reduced debt by over $950,000. It aims to increase authorized shares to support growth and may consider a reverse stock split to attract institutional investors.
Two Hands Corporation (OTC Pink: TWOH) announced a 23.05% reduction in total liabilities, amounting to over $320,300. CEO Nadav Elituv stated that the company is actively working with debt holders to further eliminate obligations, aiming to enhance attractiveness to institutional investors in 2022. The company continues to focus on its brands: Gocart.city, Grocery Originals, and Cuore Food Services, with recent successes including a 600-voucher order from a university for Gocart.city services.
FAQ
What is the current stock price of Two Hands (TWOH)?
What is the market cap of Two Hands (TWOH)?
What does Two Hands Corporation do?
What products does Two Hands Corporation distribute?
Who are the target customers of Two Hands Corporation?
What differentiates Two Hands Corporation from competitors?
What is the Cuore Food Services brand?
Where does Two Hands source its products from?
What challenges does Two Hands Corporation face in the grocery industry?
What market trends does Two Hands align with?
What is the primary value proposition of Two Hands Corporation?
