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There is not a good reason that I could think of for anyone to buy this.
PURA VIDA!!
New ALL TIME LOW, drops below 2 cents
$AVRW continues down down down
Doesn't have far to fall.
PURA VIDA!!
Sounds like something done to the pavement 🤣
$AVRW is going down down down.
Correction, "moisturizer/temporary line filler"
Clearly the bulk of the positive comments are not genuine--they cluster around specific dates after negative postings and the language is too superfluous to be meaningful or real. Across their limited market there are warnings about engaging with this company and that becomes terminal. Very sad but they have destroyed any good will from the limited consumer market they claim to have had. This is all just a common simple moisturizer promising the moon that evidently is not worth the trouble--and using NK as a brand ambassador is probably as bad for NK versus being good for the company. People appear pissed off.
This Product Celebrity Endorsed And 300% less money......
https://www.yahoo.com/lifestyle/olivia-wilde-40-loves-cerave-and-its-bestselling-eye-cream-is-on-sale-for-just-14-125055766.html
So why buy something Nicole Kidman says is great when Olivia Wilde says this is great for 3 X less cash out of your bank account...... ??
(I am comparing equal amounts in volume 2 each of the Cerave @ .5 oz compared to 1 each Seratopical DNA at 1oz.)
$AVRW - will they drop below 2 cents next week ????
$AVRW - will they go BANKRUPT or will a MIRACLE occur ????
POM-POMS hard at work!! Why?? I don't understand. I'm guessing they are not getting their posting fees.
Watch Nicole Kidman’s video for $AVRW on Instagram here:
https://www.instagram.com/reel/CyGgu2pr8zA/?
Just look at 2.2/5 Better Business Bureau numbers
Well SOTG & WF11, We have presented facts and numbers related
to 8K's, 10Q's and 10K's as well as pointed out some of the information
related to past products, manager's and the musical chair name game.
The BBB is generally a decent indicator of what people think about the
company. Their BBB score is 2.2 out of 5 ratings. It's a mixed bag of
comments both good and bad - but overall - it's bad.
Besides having no money - they have an awful reputation on customer
service, monthly recurring charges without efficient reviews etc. etc. etc.
Current price 2 cents
Current bid .0106 10K shares
Current ask .0298 10K shares
https://www.bbb.org/us/ca/sherman-oaks/profile/health-and-wellness/the-sera-labs-inc-1216-1084307/customer-reviews
The AVRW Sera Labs product line has never been more appealing and effective. Everyone can see it here and place orders too:
https://seralabshealth.com/
How is that even possible?
NO $$$$. = NO ADVERTISING = NO SALES
This Company is gasping on fumes!
POM POMS have no shame leading people astray with lies and innuendos.
PURA VIDA!!!
Hoping for a decent new quarter. Growing sales would be encouraging.
Happy Weekend to you too Pura Vida. I think you nailed it. It's all very muddy too. But I don't see ND as left holding the bag really. This was all a game of musical chairs and I think that they knew exactly what they were doing. They were able to cannibalize the assets, the salaries, the business flow, and acquire debt that would be unrecoverable later. Maybe I'm wrong, but look at the track record. Nearly all of their products used OTC ingredients and dressed them up with CBD, or "plant stem cells" or whatever. But most consumers are too sophisticated to buy into this dialog. What startled me was there were a lot of postings about customers unable to cancel their "subscription" and being unable to get customer service to report issues or return the product. The 5 star ratings appeared to be from insiders and bots. It's almost like they never intended to stick around.
Happy Weekend WF11
I don't have a lot of time at the moment, but in one of my past posts I outlined the tangled web that took place when RD met ND and then "acquired" Sera Labs. At that time, there was supposed to be a synergy between the two companies. ND was outsourcing production and was moving more toward CBD related products. RD was working with Canopy Growth (but that deal fell through) and RD also needed to show "revenue" on the books. RD really didn't have ANY products marketed and the thought was that by acquiring Sera Labs - Sera Labs would then utilize the CURE Oxnard facilities for their production etc. Cure then would be showing income/revenue from Sera Lab product sales.
Don't have a lot of time to go into it - but later RD had to give control of Cure/Sera to ND. Later RD (through TF TECH Ventures) bought back the Oxnard Manufacturing facility and employees along with some of the KEY patents. ND and Sera Labs then went on their own way again (but with RD still being Chairman of the Board). Very sordid web has been woven. Quite messy in my opinion - along with the very muddy money trail - I outlined all of this in a LOT of detail in a previous post - but - since I don't have a paid subscription here - I can't easily find it.
Cure - Ionic Ventures, deal to acquire Sera Labs
Ionic Ventures converts notes endlessly - sinks share price - Lawsuit follows
RD/TF Tech Ventures - buys back manufacturing facility and key patents - leaves ND holding the Ionic bag
Sera Labs/Avenir losing money hand over fist - Takes another life-line convertible note debt from 1800 Diagonal
The rest is history still in the making. We'll have to see if BANKRUPTCY or a MIRACLE happens.
I still think it will be BANKRUPTCY with ND somehow getting Sera Labs back again (private).
Pura Vida--the sad tale of another stock hit victim is so familiar. We all need to be much more skeptical of these grand promises and notions by high talkers and I'm not only referring to RD. I'm curious about your comment that Sera Labs had a "CURE plant" that RD bought back from Nancy. I didn't know ND ever owned a plant. I thought that Seralabs outsourced production of product elsewhere and the manufacturing plant in Oxnard was a separate part of CURE's pharmaceutical endeavors which they sold long ago. But even if seralab product was made there, I'm pretty certain ND never owned that plant. Wasn't Seralabs a very small entity from the get go? Why would they own a manufacturing plant?
What about Y/E tax sales? There will be no buyers.
PURA VIDA!!
2 cents bid going to collapse when conversions begin.
WF11, thank you for your kind words about my buddy and his family.
He took a hard hit and died while holding between 80-90K dollars worth
of shares. He kept falling for the Rob Davidson bullshit.
In another post (couldn't find it when briefly looking), I outlined the other
companies that RD has belonged to and the lawsuits that he was also
involved in with those. He really doesn't have a great track record.
I've only been following this to see it go from CURE, to Cure/Sera Labs,
to Avenir Wellness. RD did a good job escaping the IONIC lawsuit by
saddling Nancy and company with both the debt and the lawsuit. Why
he is still Chairman of the Board is beyond me. I have not been able to
find in any filings if Sera Labs is still having the CURE plant that RD bought
back from Nancy and Company along with the patents. Avenir really isn't
very transparent.
I also outlined in a prior post the several iterations that Nancy Duitch herself
has been through. She has changed products several times and finally settled
upon the line that now has Nicole being the ambassador of (to no real benefit of
either her or the product line).
And as you rightfully point out, the director's of the company show on 8K's that they
themselves get fairly high enumeration along with stock awards/options. Doubt they are getting too much these days though - unless the convertible debt loans are just going to pay their wages.
There is so much debt here - I don't know how ANYONE can be bullish or recommend this company to anyone. It's just a matter of time before BANKRUPTCY and Nancy will most likely figure out how to bail it out of BANKRUPTCY and take it private again.
Either way - shareholder's always are the one's who get left empty handed.
Have a great day.
So sorry for your friend and his family. But I have to wonder, are any of the senior officers really left holding any weights? They have all continued to draw significant salaries, benefits, and travel swag, not to mention equities which I am sure they will leverage in some way. I think they ALL knew exactly what they were doing--field stripping the company for quick profits because perhaps they felt the value of those assets was not possible to potentiate. After all, there are hundreds of celebrity adjacent cosmetics and nutriceuticals, and hundreds of pharmaceutical delivery systems, both standard and nano, and there was nothing special about these except for the hype. In fact, I think there was a possible latent toxicity that appeared in people who were using their vitamin strips. I'm not sure what the facts are but I read about postings regarding abnormal labs after even short term usage so maybe there were issues not fully understood.
And he then left Nancy and Shareholder's holding the barbells
as they sink in the quicksand - so sad and aggravating. I still feel
so bad for my friend's family..... he died but it is his family who truly
suffered from it.
How could Rob Davidson not have understood that this deal was going to sink the ship?
Smart people told him prior to the signing of this toxic deal; that it was poison; and he did it anyway. He is solely to blame for the mess this company finds itself in. Quicksand that you can't get out of!!
Pura Vida!!
The "Deal" that sunk the ship.....
10 Million Dollars of Convertible Debt
No Money!! There would have been a negative cash balance had they not raised some VERY dilutive convertible funding right before the books were closed for the quarter.
Sales WAY DOWN quarter to quarter!! Almost approaching no sales!
DEFAULTED DEBT!! NO WAY TO RAISE MONEY.
CROWN JEWEL patents were sold to a Company that Rob Davidson is President of. (AWFUL CONFLICT OF INTEREST)!
They are clearly boxed into a corner with NO WAY OUT!!
PURA VIDA!!!
The company offers quality products promoted through familiar faces. There has to be an upside to this. At the current stock price, this looks like an interesting speculation.
Sadly must agree with Pura Vida. There is zero demand for what they sell--celebrity adjacent cosmetics and supplements are an over saturated market and I was never sure what effect NK could possibly have.. I couldn't honestly find a single positive comment anywhere that wasn't from an "insider" or friend of the company players. I noted a few years ago there were a few posts about people who developed abnormal blood work after using their "strips" so I grew very concerned about what that may bode as well.
10Q on time - but they are BROKE
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001643301/000147793224004816/avrw_10q.htm
https://www.sec.gov/edgar/browse/?CIK=0001643301
OUCH
Yes sir, it is GRIM. Hard to believe
the ship has not gone below the surface with as much water
as it has taken on thus far. Just a matter of time until there won't be
any more funds available from the LOAN SHARK.
I still believe BANKRUPTCY is inevitable here without some sort of MIRACLE.
Thanks Pura Vida....it was there. 605K in PPP and 308K used for payroll "liabilities" which is another way of saying employees may have also collected unemployment benefits.....this practice was everywhere. The entire statement is GRIM and that was several years ago.
Potential Buyers of this stock READ THIS FIRST
This company is in major debt. So much so, that at the beginning of the year
they actually borrowed money from the CEO of the company's credit cards.
https://openfilings.com/filing?acc_num=0001477932-24-000136&cik=1643301&exhibit=https://www.sec.gov/Archives/edgar/data/1643301/000147793224000136/avrw_ex101.htm
Once they exhausted that route to keep the company afloat, they had to go to a LOAN SHARK company and take out a "CONVERTIBLE" bridge loan dispersed in tranches.
https://contracts.justia.com/companies/cure-pharmaceutical-holding-corp-5232/contract/1289240/
From the "BURN RATE" the company has - it won't be long until that money is depleted, ESPECIALLY
if they are paying back the money owed to the CEO on that probably now defaulted loan.
Look at the dollar amounts - then think to yourself - is this actually a "good" GAMBLE ???
I still say after watching this company go from CURE Pharmaceuticals, to Cure/Sera Labs
to now Avenir Wellness solutions - with major defaulted debt, unaccounted for PPP loans,
defaulted debt in litigation, not enough income to even keep the lights on, and probably the
final nail in the coffin is this 1800 Diagonal "convertible/dilutive" debt, that is, if they can even
sell shares with the very very low daily volume...- BIG TROUBLE. If they can't sell at market prices,
they will drop the price below a penny to recoup their loan money. I've seen it many times with
penny stocks.
BANKRUPTCY without a MIRACLE.
$AVRW Seratopical: Nicole Kidman chats with CEO Nancy Duitch about Gleaming
https://www.youtube.com/shorts/L1I2ruMRoPk
That info might be inside of here:
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://finance.yahoo.com/_getSECFilingReportUrl%3FreportUrl%3D/sec-filings/0001643301/000147793222001921/Financial_Report.xlsx&ved=2ahUKEwi9yIjhv96HAxUATTABHQR5FD0QFnoECCgQAQ&usg=AOvVaw2Ug7ndrQmnU75DNfNwh9PX
https://www.sec.gov/Archives/edgar/data/1643301/000147793221001927/curr_10k.htm
But at this point, it really doesn't matter unless they fudged and someone wants to turn them in.
BANKRUPTCY still in the cards.
Exactly - and I am sure you are aware, that is the same thing they did at the
end of the year. They used the CEO's personal credit cards to get an advance and it just
so happened to be that the "cash on hand" at that time was the exact same amount
as the first tranche of the credit card DEBT.
This baby has been running on FUMES for quite some time, so the latest toxic bridge
financing was no big surprise. CONVERTIBLE NOTES again though - that was a
bit of a surprise to me as it was very similar to the IONIC LOAN that is still in LITIGATION.
BANKRUPTCY LOOMS unless a MIRACLE HAPPENS.
We should see their 2nd quarter financials two weeks from today (unless of course they don't file on time again).
Avenir needed to close their last toxic financing on June 28th so they could show positive cash on the balance sheet at quarters end.
You're correct: The numbers will be BAD and UGLY!!! Facts do matter!!
Pura Vida!!
Speaking of numbers, many companies received loads of PPP money yet their employees still went on unemployment. It was used in "other ways" and I think that was commonly done.. There were three rounds of PPP loans done. The government lists that in just the first round (I haven't looked at the other rounds) of PPP loans, Seralabs got 205K and Cure got 400K of forgiven PPP loans. Nothing wrong with that at all, but what became of it all and was it disclosed as PPP money used for payroll or was it ascribed to sales revenue? I can't find the disclosures in their filings from those years, but that may be entirely my error. Has anyone any accounting of this process? What about the other rounds?
Actually, they shouldn't get paid. They don't post anything of substance.
They post the same old BS company propaganda without any numbers to
back it up. I don't ever see any financials..... well, beyond the one's that show
the company is still losing money hand over fist - but the company of course
sugar coats it and says - less loss than last year.
Company propaganda is just that - BS story telling.
Numbers and Facts - that's what matters.
The numbers are BAD
The facts are UGLY
BANKRUPTCY LOOMS without a MIRACLE.
From $5.82/share to .02/share BUYER BEWARE
BANKRUPTCY LOOMS without a MIRACLE.
Bloated share count
Defaulted Convertible Debt - Litigation
Operated and ran out CEO's Credit Cards
Now just signed another TOXIC Convertible Note Loan - Bridge
Big Trouble in Little Sera Land.
"Our newly formulated Seratopical Revolution Cracked Heel Souffle was selected for inclusion in FatFitFun's Summer 2024 subscription box selling out an astonishing 80,000 units in under 43 minutes. Click link to view Instagram videos on our Cracked Heel Souffle.
Our DNA Complex hero product continues to perform as our subscription based grows.
Wholesale sales led by Amazon continue to grow with all the positive product reviews.
We began development of our new TikTok shop to capitalize on the evolving digital ecommerce landscape which launched in the second quarter of 2024."
Nancy Duitch, Avenir CEO.
Source: https://www.accesswire.com/864776/avenir-wellness-solutions-reports-fourth-quarter-2023-results
$AVRW #OTCQB Avenir Wellness Solutions develops proprietary wellness, nutraceutical & topical delivery systems which are integrated into its wellness and beauty products, sold directly to the consumer #avenirwellness #sera_labs https://www.avenirwellness.com/
With regard to NK, look in the broader media to find your answer. NK is famous, but not admired. She's successful, but not for greatness. Consumers are not going to rush to buy anything she claims she loves or uses. Mostly because they assume, probably rightly so, that she uses other interventions. In showbiz, who doesn't have a plastic surgeon or dermatologist on call? Plus she does not CONNECT with the public at all.
OK, Profit Scout, if you are going to keep the pom poms going, then I have to ask. Can you tell me from where comes this "staggering 3 billion in revenue"? What "cutting edge marketing"? I'm curious now. Maybe I'm wrong, but in harder terms all I see are items of litigation, bankruptcy, FDA slaps, loads of customer consumer complaints, a failed novelty item with losses to investors, and a somewhat short term employment or association with a large marketing firm. Is this the source of the 3 billion you refer to? Because that would not be hers alone to claim....so what am I missing here? Continued high pay and benefits despite a failing company seem to be the theme here. Please enlighten. The internet is full of misinformation.
Nancy Duitch serves as the CEO of Avenir Wellness Solutions. With over three decades of experience in the consumer products sector, Nancy has cultivated a diverse array of businesses, guiding them from inception to the public market. Her expertise extends to orchestrating cutting-edge marketing and branding initiatives, resulting in a staggering $3 billion in revenue for esteemed brands. From her early years, Nancy exhibited a clear vision and pursued it with determination.
$AVRW Host April Franzino is joined by Nancy Duitch, CEO of
@SeralabsHealth
Nancy discusses how she has spent her entire career working on solution-based health, wellness and beauty products to help people look and feel their absolute best.
https://podcasts.apple.com/us/podcast/beauty-is-your-business-beautytech-and-beauty-innovation/id1211773564 #podcasts
Avenir Wellness Solutions, Inc. teetering on BANKRUPTCY
Buyer's or gambler's - be very careful with this one.
Read several pages of posts here before you pull the trigger.
Very low volume for a reason - a penny stock with no volume?
Huge amount of outstanding shares.
Just signed on to more TOXIC CONVERTIBLE DEBT.
EXHAUSTED CEO's own personal credit cards before taking on the latest TOXIC DEBT.
Doesn't get too much closer to BANKRUPTCY than that.
JUST SAYIN......
$AVRW Avenir Wellness Solutions, Inc. is a broad platform technology company that develops proprietary wellness, nutraceutical and topical delivery systems and currently holds fifteen patents. The technology offers a number of unique immediate- and controlled-release delivery vehicles designed to improve product efficacy, safety, and consumer experience for a wide range of active ingredients. The Company will continue down the path creating new innovative technologies as part of its incubator strategy in order to monetize its intellectual property. The Sera Labs, Inc. (“Sera Labs”), a wholly owned subsidiary of Avenir, is a trusted leader in the wellness and beauty sectors utilizing cutting edge technology and high-quality products that use science-backed, proprietary formulations. More than 25 products are sold under the brand names Seratopical™, Seratopical Revolution™ SeraLabs™, and Nutri-Strips™. The Company sells its products at affordable prices, making them easily accessible on a global scale and is strategically positioned to grow their beauty and wellness products into household brands. Sera Labs products are sold Direct to Consumer (DTC) via online website orders, including a subscribe and save option, as well as in major national drug, grocery chains, and mass retailers. For more information visit: Seralabshealth.com and follow Sera Labs on Facebook and Instagram at @seratopical, as well as on X (Twitter) at @sera_labs.
I wonder if Avenir paid the POM-POMS from the proceeds of their latest TOXIC FINANCING?
They work very hard and should get paid!!
$AVRW Seratopical DNA Complex reviews are in ...
https://www.youtube.com/shorts/sin3tdGRpQs
https://www.youtube.com/shorts/EzMBqOQZ6m4
I didn't blame it on her - just posted a fact.
Just was replying to the Nicole Kidman propaganda - and the fact that she has
been ambassador for a LONG time and it has done NOTHING for the pps.
As far as your friends, my friend also had close to 90K tied up in this POS
and he DIED while waiting on all of the smoke that got blown up his ass to
come to fruition - but of course it never did. I go back over 7 years posting
here - I know quite a bit about all of the lies and promises. Anyhow, have a
nice evening - sorry to hear your friends got screwed as well.
BTW - If you go back and read my posts for the last 3 years - I've been warning
other's and supplied good info to back up my warnings - some people just don't
learn.
CURR / SERA LABS / AVENIR = FAILURE
Blaming a celebrity endorsement on this failure is laughable. My friends had 100k$ CURR Certs and really believed the Kool Aid back in the beginning.
The true story is WAY longer than the endorsement.
POM-POMS are continuously posting old BS to try and pump up these dreadful shares.
Nothing will help!!
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Avenir Wellness Solutions (OTC: AVRW)
Formerly CURE Pharmaceutical (OTC: CURR)
For more information, please visit: www.avenirwellness.com and www.seralabshealth.com
COMPANY UPDATE:
Press Release | 02/13/2024
Link: https://feeds.issuerdirect.com/news-release.html?newsid=6554360501139897
Brand New Avenir Wellness DNA Product: https://seralabshealth.com/products/dna-complex
CEO INTERVIEW on Apple Podcasts:
"Lifetime of Health and Wellness - Nancy Duitch, CEO The Sera Labs"
Host April Franzino is joined by:
Nancy Duitch, CEO of The Sera Labs (see image below).
"Nancy discusses how she has spent her entire career working on solution-based health, wellness and beauty products to help people look and feel their absolute best."
Instagram: https://www.instagram.com/beautybizshow/
See omnystudio.com/listener for privacy information.
AVENIR WELLNESS: BUILDING INOVATIVE WELLNESS TECHNOLOGIES FOR THE FUTURE
Avenir Wellness is a vertically integrated drug delivery and development company
Committed to improving drug efficacy, safety, and patient experience through its proprietary drug dosage
Spokesperson Nicole Kidman, Actor (see image below).
Visit the Seratopical Store on AMAZON
LINK: https://www.amazon.com/stores/SERATOPICAL/page/473637CB-F4D4-470C-B60D-7B3885CDED6E?ref_=ast_bln
The plant based, alcohol-free, non-CBD, anti-aging beauty line is available Wednesday, June 9
Sera Labs, a subsidiary of Avenir Wellness Solutions, announced a new ad campaign and launch of Seratopical Revolution, a new clean, plant-based, technologically advanced, anti-aging, ‘revolutionary,’ beauty line.
Nicole Kidman and Sera Labs Inc., an Avenir Wellness Solutions Company, launch Seratopical Revolution. (Photo: Business Wire)
The line touts 11 luxurious products which are all are made in the U.S., available at accessible pricing, and are designed to make you feel more youthful and hydrated from head to toe. Award-winning actress Nicole Kidman, Sera Labs’ strategic business partner and global brand ambassador, collaborated with Sera Labs to design the Loving Hands Essential Oil , Indulgence Brown Sugar Scrub , Harmony Face & Neck Toner , and Gleaming for the ultimate brightening glow. The full line of products can be seen at Seratopicalrevolution.com .
“I really wanted to create something that was meaningful to me and that I knew people would genuinely enjoy,” said Kidman, Seratopical strategic business partner and global brand ambassador. “These products are personal to me from the scent to the texture. I am so excited to share them with the world and hope everyone loves them as much as we do.”
Seratopical Revolution marries nature and science into one clean and nourishing line of beauty products. The line’s P?P complex, developed by CURE Pharmaceutical, drives natural, plant-based ingredients into the deeper layers of the skin by utilizing a proprietary tri-peptide delivery system. Unlike other companies that use alcohol as a delivery system, which is incredibly drying to the skin, Seratopical Revolution’s natural oil and surfactant delivery systems are efficacious and offer almost immediate results.
“It’s been an incredible ride creating this line with Nicole,” said Nancy Duitch , Sera Labs CEO and CURE Pharmaceutical Chief Strategic Officer. “There are a lot of beauty companies, but the problem is that most of them don’t understand that without an effective delivery system, the products are sitting on top of your skin and clogging your pores. Our proprietary formulators have developed a high-tech delivery system which allows the ingredients to go deep into the skin. Our loyal customers will benefit from scientifically backed ingredients that are designed to enhance hydration and rejuvenate collagen. Revolution offers a full-body line packed with natural plant extracts and peptide blends.”
Seratopical Revolution products can be purchased online at seratopicalrevolution.com
Ad campaign photo and product images: https://www.dropbox.com/sh/o8l39o5xb0yj4bs/AAAj1WTWRwK05EpziP4BJn7ka?dl=0
For more information visit: Seratopical.com , Seralabshealth.com and follow us on Instagram at @seratopical , as well as Twitter , and Facebook . Media contact: press@theseralabs.com .
About Sera Labs
Sera Labs® is a trusted leader in the health, wellness, and beauty sectors of innovative products with cutting edge technology and superior ingredients such as CBD and clean plant-based products. Sera Labs creates high quality products that use science-backed, proprietary formulations. Its more than 20 products are sold under the brand names Seratopical ™, SeraLabs™, and Gordon’s Herbals™. Sera Labs sells its products at affordable prices, making them easily accessible on a global scale. Strategically positioned in the growth market categories of beauty, health & wellness. Sera Labs products are sold in major national drug, grocery chains and mass retailers. The company also sells products under private label to major retailers and multi-level marketers, as well as direct-to-consumer (DTC), via online website orders, including opt-in subscriptions. For more information visit: Seratopical.com , Seralabshealth.com and follow us on Instagram at @seratopical , as well as Twitter , and Facebook . Media contact: press@theseralabs.com .
About Avenir Wellness Solutions Company
Avenir Wellness is the pioneering developer of CUREform™, a patented drug delivery platform that offers a number of unique immediate- and controlled-release drug delivery vehicles designed to improve drug efficacy, safety, and patient experience for a wide range of active ingredients. As a vertically integrated company, AVRW’s 25,000 square foot, FDA-registered, NSF® cGMP-certified manufacturing facility enables it to partner with pharmaceutical and wellness companies worldwide for private and white-labeled production. Avenir has partnerships in the U.S., China, Mexico, Canada, Israel, and other markets in Europe.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210609005442/en/
Avenir Wellness [OTC: AVRW] and Canopy Growth to Produce CBD Oral Thin Films
AVRW has an FDA- and DEA- registered, GMP manufacturing facility and is a pioneering developer of CUREform™, a patented drug delivery platform. CUREform™ includes CUREfilm®, one of the most advanced oral thin films on the market today; microCURE™, an innovative emulsion technology utilizing proprietary encapsulation techniques; and CUREpods™ a novel chewable delivery system.
AVRW names Canopy Rivers Chairman John K. Bell, FCA, FCPA, ICD.D to its board of directors. Bell brings more than 40 years of experience to the company, most recently serving as chairman of the Canopy Rivers board of directors and former chairman of Canopy Growth’s board of directors.
AVRW offers combined technologies that provide opportunities for both immediate and controlled-release drug delivery of a wide range of active ingredients. AVRW partners with biotech, pharmaceutical, and wellness companies worldwide and has positioned itself to advance numerous therapeutic categories, including the pharmaceutical cannabis sector, with partnerships in the U.S.A, Canada, Israel, and other markets. The AVRW company mission is to improve people’s lives by redefining how medicines are delivered and experienced.
AVRW Products Fall Into Two Categories: Nutraceuticals (dietary supplements) and Pharmaceutical Medicines
Nutraceuticals:
CUREfilm® Sleep is a daily dietary supplement that delivers a unique blend of five active ingredients with the CUREfilm® platform to promote healthy sleep patterns. This product is launched in U.S. markets.
CUREfilm® D is a high-potency dietary supplement that provides 50,000 IU of Vitamin D3 delivered with the CUREfilm® platform.
CUREfilm™ Hemp delivers hemp extracts via the CUREfilm® dosage form. This product is launched in U.S. markets.
CUREfilm® β-Caryophyllene is a dietary supplement that contains 30mg of β-Caryophyllene, a powerful terpene known for its anti-inflammatory and analgesic properties.
Pharmaceuticals:
CUREfilm® Blue contains 50mg of Sildenafil delivered with the CUREfilm® platform.
CUREfilm® Canna delivers synthetic and plant-derived cannabinoids in an oral thin film for pharmaceutical indications.
AVRW Expands to Europe, Signs Licensing Agreement with ReLeaf Europe to Provide Advanced Cannabinoid Delivery
On February 5th AVRW announced that it had signed an exclusive licensing agreement with ReLeaf Europe, one of Europe’s leading pharmaceutical groups specialized in medicinal cannabis products. The agreement grants ReLeaf Europe exclusive access to the AVRW encapsulation technology for certain oral and topical cannabis products in the Netherlands, the world’s first medical cannabis market. ReLeaf Europe products will be the first to use the CUREinside™ quality mark to bolster consumer confidence. Europe is one of the world’s largest medical cannabis markets due to various governments’ approval for medicinal purposes.
ReLeaf Europe is one of the few pharmacy providers of pharmaceutical-grade medicinal cannabis oils in Europe and an ideal partner for the AVRW first step into the European market because of its commitment to establishing clinical evidence and following EU GMP and GDP standards. Through this agreement, AVRW will roll out its powered by CURE strategy that includes exclusive licensing relationships to build global market share.
ReLeaf Europe is tackling the largest market in the world for cannabis by establishing a foothold in Holland — a market estimated to reach $2.6B by 2028 — and by pursuing innovative delivery systems and distribution networks. AVRW will power several ReLeaf Europe products, including one sublingual tincture and two topical creams to be launched in 2020.
Major Earnings Potential in the Emerging Medicinal Cannabis Industry
The Cannabis plant has an estimated 113 different compounds, out of which THC and CBD are the two main constituents. THC is mainly responsible for the psychoactive effects or the
feeling of “high” caused by the use of cannabis. CBD on the other hand, has several powerful anti-inflammatory, analgesic, neuroprotective and anti-anxiety properties, which explains its growing popularity to treat a plethora of medical conditions. Unlike THC, CBD does not have any psychotropic effects and hence is widely preferred.
CBD is now being used to treat a wide array of medical conditions such as cancer, cardiovascular anomalies, arthritis, anxiety, depression and Insomnia. In addition, it has also been proven to possess neuroprotective benefits that can treat diseases such as seizures, Multiple Sclerosis (MS), Alzheimer’s, Parkinson’s and Schizophrenia to name a few. There is a growing preference for CBD over traditional pharmaceutical options as these have minimal side effects and are non-addictive.
The global legal marijuana market is likely to reach over USD 66.3 billion by the end of 2025, as per a report by Grand View Research, Inc, growing at a CAGR of 23.9%. There is a growing acceptance of the curative effects of cannabis, with some countries such as Canada and certain states of U.S legalizing the use of Marijuana for medical and recreational use. Research has time and again shown that cannabinoids (CBD), extracted from the cannabis plant, have varied medical uses with minimal side effects, making it a sought-after alternative to traditional pharmaceutical options.
AVRW has signed a licensing and collaboration agreement with
Vanguard Scientific Systems, Inc.
Vanguard is a premier provider of equipment, systems and performance solutions servicing the botanical extraction industry, including the MIDAS XII, a next-generation GMP compliant supercritical CO2 extraction technology, as well as industrially scaled CO2 facility solutions. The license gives Vanguard the right to practice CURE’s patented cannabis extraction methods, providing customer confidence in choosing Vanguard’s portfolio of extraction manufacturers
The industry is poised to grow to $2.1 billion in 2020, a 700% increase from 2016. Those numbers are not only appealing to the players in the CBD market but also serve as an incredible opportunity the pharmaceutical companies to create novel solutions for disease with large unmet medical needs. AVRW is strategically positioned with multiple high value assets and extremely well-placed marketing partners to optimize the company’s earnings potential in the growing fields of key drug supply and delivery solutions, including the multi-billion-dollar CBD marketplace. For more information on Avenir Wellness (OTCQB: AVRW ) visit: http://www.avenirwellness.com
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