Emergence Global Enterprises Inc.
ELOAF
Other OTC0.01
USD
+0.00
- -
Emergence Global Enterprises Inc.
ELOAF
(Other OTC)
Recent
price
0.01
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Emergence Global Enterprises Inc. Emergence Global Enterprises Inc. (CSE: EMRG; OTCQB: ELOAF) operates as a vertically integrated agribusiness and nutraceutical company focused on developing, acquiring, and distributing natural health foods, supplements, sports nutrition specialty products, and functional wellness brands; its core offerings span natural health foods, dietary supplements, fitness and nutrition products, and innovative agri-tech solutions including hydroponic vertical farming, AI-focused orbital growing systems, aquaponics, and greenhouse cultivation technologies. The company serves distributors, retailers, and consumers primarily in North America, with plans to expand globally into organic and natural food marketplaces to address food insecurity through sustainable practices centered on a planned 20-acre Centre for Agriculture and Farming Innovation. Founded in 2011 and headquartered at 1285 West Broadway, Suite 600, Vancouver, British Columbia, Canada V6H 3X8, Emergence Global organizes its business into segments such as nature and alternative products, health and wellness, fitness and nutrition, and product development, leveraging full traceability and integrated platforms to build reputable consumer brands. Formerly known as Velocity Data Inc., the company changed its name in February 2020 to reflect its pivot from proprietary data systems to agribusiness and wellness. Recent strategic developments include the completion of an intellectual property, technology, and patent acquisition from Alvera Inc. in December 2022 valued at over USD $21 million, enhancing its capabilities in targeted delivery systems and endocannabinoid-focused technologies; appointments of Harvinder Panesar as President and Alex Tarrabain to the board of directors in 2022 to drive vertical farming initiatives, including preparation of an 8,000 square foot facility to address lettuce supply shortages; and earlier acquisitions such as Three Feather Farms in March 2021 for specialty herb tinctures targeting health and pet markets, alongside Coastal Rock Trading LLC to bolster its natural products portfolio.