Healthier Choices Management Corp. (OTCMKTS: HCMC) Set to Increase Revenue, Expand Intellectual Property Range, and Wait for PMI Case to be Examined by Court of Appeals

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Healthier Choices Management Corp. (OTCMKTS: HCMC) improves after company CEO Jeffrey Holman said in a letter to shareholders: “In 2022, as I said before, we intend to continue our growth initiatives of the company. We will strive to (1) grow our revenue base through a larger footprint in brick and mortar, as well as online, (2) expand our IP suite, and (3) increase our profitability. Management says it is anxiously awaiting the Federal Court of Appeal to consider the company’s case against Phillip Morris, “because we believe a legal error was made in dismissing our case.” Finally, please be aware that we are exploring potential ways to change our capital structure in a way that will be more favorable to our shareholders. During the final two months of 2021, we filed our third quarter results, announced the acquisition of EIR Hydration and provided two updates on the status of our litigation. All of these can be found on our corporate website at www.HealthierCMC.com under the “News” tab.

Although the price has dropped significantly in recent months, HCMC still has a large number of investors and is one of the most discussed and sought after stocks in the OTC market with over 400,000 registered shareholders. HCMC has a lot to do in addition to the trial; they recently reported strong financial results for the three-month period ended September 30, 2021. Revenue was $ 3,269,507 for the quarter and $ 10,121,153 for the 9 months ended September 30; a very large number of all OTC companies powered by the HCMC line of successful vape shops with 9 outlets in USA. They also acquired EIR Hydration, an intravenous therapy center located in Roslyn Heights, NY as part of its ongoing expansion campaign. HCMC’s rebranding for this location as the premier “Healthier Choices Wellness Center” is already underway. Currently, the Federal Court of Appeal is reviewing the company’s case against Phillip Morris. The firm is represented by Cozen O’Connor, ranked among the nation’s top 100 law firms and employing more than 775 lawyers in 29 cities on two continents. The company’s diverse client list includes global Fortune 500 companies, growing mid-market companies, leading individuals and HCMC.

Healthy Choices Management Corp. (OTCMKTS: HCMC) is a United States-based company that provides consumers with healthier alternatives to everyday lifestyles. HCMC operates under a number of subsidiaries including Healthy Choice Markets and Healthy Choice Markets 2. HCMC owns both Ada’s Natural Market, an 18,000 square foot full service grocery store serving Fort Myers, Florida, and 3 Paradise Health & Nutrition locations in the greater Melbourne, Florida area. HCMC also operates 8 vape bricks and mortar stores across the Southeastern United States offering an alternative to traditional cigarettes. The Company’s vape stores operate under the following names; Vape Store, Vapor Max, Vulcan Vape and The Grab Bag, HCMC Vape Stores offer an endless selection of the best vaping materials and e-liquids in the industry, providing its consumers with a way to get their nicotine without smoke, tar, ash or carbon monoxide.

The company’s patented Q-Cup â„¢ technology is based on a small quartz cup called the Q-Cup â„¢, which a customer can purchase already filled by a third party in some areas, or can partially fill with about 50 mg of cannabis or CBD concentrate was also purchased. The Q-Cup â„¢ can then be inserted into the patented Q-Unit â„¢, which heats the cup from the outside without coming into direct contact with the solid concentrate. This Q-Cup â„¢ and Q-Unit â„¢ technology offers a much more efficient and “on-the-go” solution for consumers. The Q-Cup â„¢ can also be used in other devices as a convenient micro-dosing system.

HCMC has a strong leadership team led by CEO Jeffrey Holman, corporate lawyer and senior executive of Jeffrey E. Holman & Associates, PA, a South Florida-based law firm. Christopher Santi, chief operating officer of the company, is a marketing manager who was part of the management team of Santi Management Corporation. John Ollet, the company’s chief financial officer, was previously executive vice president of finance for Systemax, Inc. for 10 years.

Healthier Choices Management has filed a patent offense lawsuit in United States District Court for the Northern District of Georgia against PM (Philip Morris USA, Inc. and Philip Morris Products SA) regarding PM “IQOS®”. Cozen O’Connor is representing HCMC in its legal action against Phillip Morris, which alleges that PM infringes HCMC’s patent rights relating to IQOS®, which is an alternative tobacco product marketed and sold by Phillip Morris. PM has already invested more than $ 3 billion in its smokeless tobacco products and is approaching the 14 million users of its IQOS®. IQOS® is currently the subject of several legal proceedings including two other patent infringement proceedings filed by RJ Reynolds Tobacco Company. Currently, the Federal Court of Appeal is reviewing the company’s case against Phillip Morris. The law firm representing HCM is Cozen O’Connor, an international law firm employing 775 lawyers in 29 cities across two continents. the Society is ranked among the Top 100 Law Firms in the United States and its diverse client list includes global Fortune 500 companies, growing mid-market companies, leading personalities and ambitious start-ups like HCMC . The firm has been repeatedly named the No. 1 Law Firm of the Year.

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HCMC

The bulk of HCMC’s over $ 1 million monthly sales come from the company’s chain of vaping stores in the Southeastern United States. The 10 vape shops have a clear grip on the ever growing e-cigarette / vaping market and are among the top vape distributors in the country. The Vape Store is comprised of regional brand stores, including our flagship brand The Vape Store, as well as the Vapor Max, Vulcan Vape and The Grab Bag store brands. Selling top rated hardware brands from KangerTech to Aspire, and an endless assortment of premium and home-made e-liquids, the Vape Store is an endless selection of products to provide users with a better alternative to traditional smoking.

The Company is already a revenue powerhouse doing more $ 1 million in sales per month in 2021; On November 15, HCMC released its financial results for the three-month period ended September 30, 2021. Revenue was $ 3,269,507 for the quarter and $ 10,121,153 for the 9 months ended September 30; very large number of any business on the OTC. Gross operating profit for the third quarter was $ 1.38 million and $ 4.33 million for the 9 months ended.

The company also recently acquired EIR Hydration, an intravenous therapy center located in Roslyn Heights, NY as part of its ongoing expansion campaign. HCMC’s rebranding for this location as the premier “Healthier Choices Wellness Center” is already underway. EIR Hydration offers professionally personalized IV hydration plans to meet the lifestyle, eating habits, athletic activities and health needs of its clients. EIR currently offers eight different intravenous infusion “cocktails” from which customers can choose. These cocktails are designed to help boost immunity, combat fatigue and stress, reduce inflammation, enhance weight loss, and effectively deliver antioxidant and anti-aging blends. In addition, there are cocktails for health, beauty and rehydration.

Microcapdaily first reported on HCMC on Jan 27, 2021 stating, “Healthier Choices Management Corp (OTCMKTS: HCMC) is rapidly climbing the rankings in recent days trading billions of stocks and becoming a leader in small cap volume. As of Wednesday alone, HCMC’s dollar volume exceeded US $ 20 million.

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HCMC is improving after the company’s CEO Jeffrey Holman said in a letter to shareholders: “In 2022, as I said before, we intend to continue our initiatives to grow the business. We will strive to (1) grow our revenue base through a larger footprint in brick and mortar, as well as online, (2) expand our IP suite, and (3) increase our profitability. Management says it is anxiously awaiting the Federal Court of Appeal to consider the company’s case against Phillip Morris, “because we believe a legal error was made in dismissing our case.” Finally, please be aware that we are exploring potential ways to change our capital structure in a way that will be more favorable to our shareholders. During the final two months of 2021, we filed our third quarter results, announced the acquisition of EIR Hydration and provided two updates on the status of our litigation. All of these can be found on our corporate website at www.HealthierCMC.com under the “News” tab. Although the price has dropped significantly in recent months, HCMC still has a large number of investors and is one of the most discussed and sought after stocks in the OTC market with over 400,000 registered shareholders. HCMC has a lot to do in addition to the trial; they recently reported strong financial results for the three-month period ended September 30, 2021. Revenue was $ 3,269,507 for the quarter and $ 10,121,153 for the 9 months ended September 30; a very large number of all OTC companies powered by the HCMC line of successful vape shops with 9 outlets in USA. They also acquired EIR Hydration, an intravenous therapy center located in Roslyn Heights, NY as part of its ongoing expansion campaign. HCMC’s rebranding for this location as the premier “Healthier Choices Wellness Center” is already underway. Currently, the Federal Court of Appeal is reviewing the company’s case against Phillip Morris. The firm is represented by Cozen O’Connor, ranked among the nation’s top 100 law firms and employing more than 775 lawyers in 29 cities on two continents. The company’s diverse client list includes global Fortune 500 companies, growing mid-market companies, leading individuals and HCMC. We will update HCMC when more details appear, so make sure you are subscribed to Microcapdaily so you know what’s going on with HCMC.

Disclosure: We do not hold any positions in HCMC, neither long nor short, and we have not been paid for this article.



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