Healthier Choices Management Corp.

Healthier Choices Management Corp. (HCMC) markets its current product offerings, including its patented Q-Cup and Imitine. The company also aims to generate revenue from its intellectual property through royalty and licensing agreements, managed by its wholly owned subsidiary, HCMC Intellectual Property Holdings, LLC. HCMC's intellectual property portfolio includes patents for products like the Q-Cup and Imitine, which it intends to expand. HCMC promotes its patented Q-Cup™ technology directly to consumers in the vaping market. This design features a small quartz cup for cannabis or CBD concentrate. When placed in a Q-Cup™ Tank or Globe, the cup is heated externally without direct contact with the concentrate, offering efficiency and convenience for medicinal and recreational vaping. On August 22, 2022, HCMC's Board of Directors approved the separation of its Grocery business, including the wellness business, into an independent, publicly traded company. Before this separation, the Grocery segment operated under Healthy Choice Wellness Corp. (HCWC), a subsidiary of HCMC. HCWC operated retail brands such as Ada's Natural Market, Paradise Health & Nutrition, Mother Earth's Storehouse, Greens Natural Foods, Ellwood Thompson's, and GreenAcres Market, along with licensed wellness centers and Healthy U Wholesale. The Spin-Off of the HCWC business was completed on September 13, 2024, after the New York Stock Exchange American (NYSEAM) market closing. On September 14, 2024, HCWC became an independent, publicly traded company, and its stock began trading on the NYSEAM under the symbol "HCWC" on September 16, 2024. HCWC distributed all its outstanding common stock shares proportionally to HCMC's common stock holders.