Healthier Choices Management

OverviewSuggest Edit

Healthier Choices Management Corporation (HCMC) is a company specializing in providing consumers with healthier alternatives to everyday lifestyle choices. Starting with its wholly owned subsidiary, Healthy Choice Markets, Inc., HCMC owns Ada's Natural Market, a full-service grocery store serving the local community. Along with aisles of traditional grocery departments, complete with frozen, healthy home, vitamins & supplements, health & beauty, produce, hormone and antibiotic free butcher shop and bulk foods, Ada's also offers prepared ready-to-go foods, a 100% organic juice & smoothie bar, a free-trade coffee bar with fresh-baked-daily baked goods from a local artisan baker, and its flagship Greenleaf Grill fast-casual in-store restaurant. 
Healthier choices extend past just healthy eating. With that, Healthier Choices Management Corp., through its vape stores, offers smokers a better alternative to traditional cigarettes. Operating regionally, through its Vape Store store brands, including The Vape Store, Vapor Max, Vulcan Vape, and The Grab Bag locations, the Company's Vape Stores provide a selection of vaping hardware and e-liquids, giving the consumers a better way to get their nicotine without the smoke, tar, ash or carbon monoxide found in traditional cigarettes.




TypePublic
Founded2013
HQHollywood, FL, US
Websitehealthiercmc.com

Latest Updates

Revenue (FY, 2020)$13.9 M(-7%)
Share Price (Jun 2022)$0(+34%)
Cybersecurity ratingAMore
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Key People/Management at Healthier Choices Management

Christopher Santi

Christopher Santi

President And Chief Operating Officer
Anthony Panierello

Anthony Panierello

Director
Jeffrey Holman

Jeffrey Holman

Chief Executive Officer and Chairman of the Board
John A. Ollet

John A. Ollet

Chief Financial Officer
Clifford J. Friedman

Clifford J. Friedman

Director
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Healthier Choices Management Office Locations

Healthier Choices Management has an office in Hollywood
Hollywood, FL, US (HQ)
3800 N 28th Way
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Healthier Choices Management Financials and Metrics

Healthier Choices Management Revenue

Healthier Choices Management's revenue was reported to be $13.92 m in FY, 2020
USD

Revenue (FY, 2020)

13.9m

Net income (FY, 2020)

(3.7m)

EBIT (FY, 2020)

(3.4m)

Market capitalization (28-Jun-2022)

67.9m

Closing stock price (28-Jun-2022)

0.0

Cash (31-Dec-2020)

925.5k

EV

75.5m
Healthier Choices Management's current market capitalization is $67.9 m.
Annual
USDFY, 2011FY, 2012FY, 2014FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

16.0m21.4m15.3m13.0m15.1m13.9m

Cost of goods sold

6.7m13.2m14.5m

Gross profit

9.2m8.1m782.6k

Gross profit Margin, %

58%38%5%
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

4.4m3.3m4.9m8.1m3.9m6.4m6.2m6.4m3.8m3.4m4.0m3.3m

Cost of goods sold

1.1m1.9m2.6m5.6m2.5m3.7m3.7m3.9m

Gross profit

3.3m1.4m2.2m2.6m1.4m2.7m2.5m2.5m

Gross profit Margin, %

75%43%46%32%35%42%40%39%
USDQ2, 2011

Financial Leverage

2.3 x
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Healthier Choices Management Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

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Healthier Choices Management Online and Social Media Presence

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Healthier Choices Management News and Updates

Healthier Choices Management Corp. Reports First Quarter 2022 Financial Results

Sales of $5M for the First Quarter; 46% Year-Over-Year Growth

Healthier Choices Management Corp. Reports Second Quarter 2021 Financial Results

Delivered strong results with an Adjusted EBITDA improvement of 20% year-over-year

Healthier Choices Management Corp. Announces Issuance of Patent for “Bulb” Technology Vaping Cartridge

Hollywood, FL, July 19, 2021 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (sometimes referred to as the “Company”) (OTC Pink: HCMC), announced today that on July 20, 2021, U.S. Patent Number 11,064,732 entitled Electronic Vaporizer Cartridge with Encased Heat Source will be issued to HCM…

Healthier Choices Management Corp. Announces Launch of NUHI Brand Pre-Filled Q-Cups® in Colorado By The Health Center

Hollywood, FL, June 22, 2021 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (sometimes referred to as the “Company”) (OTC Pink: HCMC), announced today that The Health Center, based in Colorado, will be launching their sale of HCMC’s patented quartz Q-Cups®, which The Health Center will pre…

Healthier Choices Management Corp. Announces Expiration of Rights Offering

Issuer Free Writing Prospectus dated June 14, 2021 Filed Pursuant to Rule 433(f) under the Securities Act of 1933 Relating to the Prospectus dated May 19, 2021 Registration Statement No. 333-255356

Healthier Choices Management Corp. Reminder Rights Offering Expires on June 10, 2021

Issuer Free Writing Prospectus dated June 4,2021 Filed Pursuant to Rule 433(f) under the Securities Act of 1933 Relating to the Prospectus dated May 19, 2021 Registration Statement No. 333-255356
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Healthier Choices Management Blogs

Healthier Choices Management Corp. Announces Its Exclusive Provider Contract with Elevated Living

HOLLYWOOD, FL, May 31, 2022 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) today announced its exclusive provider contract with Elevated Living to service nine luxury condominiums with in-home IV Therapy Treatments in Fort Lauderdale, Florida.Servicing over 250 luxury buildi…

Healthier Choices Management Corp. Reports Fourth Quarter and Full Year Fiscal 2021 Financial Results

HOLLYWOOD, FL, March 31, 2022 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) today announced its financial results for the fourth quarter and the year ended December 31, 2021.Fourth Quarter and Full Year Fiscal 2021 Results and Recent Highlights: Total Current Assets for the…

HCMC Announces Grand Opening of the Healthy Choice Wellness Center at the Casbah Spa & Salon Located in Fort Lauderdale, Florida

HOLLYWOOD, FL, March 30, 2022 -- Healthier Choices Management Corp. (OTC Pink: HCMC) HCMC announces the Grand Opening of the Healthy Choice Wellness Center at the Casbah Spa and Salon in Fort Lauderdale, Florida.The Casbah Spa has been a staple in the Fort Lauderdale community for over 23 years repr…

HCMC Announces the Acquisition of Mother Earth’s Storehouse, an Organic and Natural Health Food and Vitamin Chain in Upstate New York

Acquisition Anticipated to Approximately Double HCMC Annual RevenueHOLLYWOOD, FL, February 10, 2022 -- Healthier Choices Management Corp. (OTC Pink: HCMC) Today HCMC announced the acquisition of Mother Earth’s Storehouse, an organic and natural health food and vitamin chain in New York’s Hudson Vall…

HCMC Announces its first Healthy Choice Wellness Center Licensing Agreement

HOLLYWOOD, FL, February 07, 2022 -- Healthier Choices Management Corp. (OTC Pink: HCMC) Today HCMC announced the signing of its first licensing agreement for its Healthy Choice Wellness Center segment. The new IV hydration location will be inside the Casbah Spa & Salon in Fort Lauderdale, FL, a …

A Year End Letter to Shareholders From the CEO of HCMC

HOLLYWOOD, FL, December 27, 2021 -- Healthier Choices Management Corp. ("HCMC" or the "Company") (OTC Pink: HCMC) today released a year-end letter from Jeffrey Holman, its CEO, to the Company's shareholders. The letter follows below and can also be accessed from the Company's website at www.Healthie…
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Healthier Choices Management Frequently Asked Questions

  • When was Healthier Choices Management founded?

    Healthier Choices Management was founded in 2013.

  • Who are Healthier Choices Management key executives?

    Healthier Choices Management's key executives are Christopher Santi, Anthony Panierello and Jeffrey Holman.

  • What is Healthier Choices Management revenue?

    Latest Healthier Choices Management annual revenue is $13.9 m.

  • Who are Healthier Choices Management competitors?

    Competitors of Healthier Choices Management include Juul Labs, Red Chamber and Fuji Food Products.

  • Where is Healthier Choices Management headquarters?

    Healthier Choices Management headquarters is located at 3800 N 28th Way, Hollywood.

  • Where are Healthier Choices Management offices?

    Healthier Choices Management has an office in Hollywood.

  • How many offices does Healthier Choices Management have?

    Healthier Choices Management has 1 office.