The Healing Company Inc.

The Healing Company Inc.

THCC
The Healing Company Inc.US flagOther OTC
3.75
USD
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Shell Companies
Address
711 South Carson Street Carson City NV United States of America 89701
IPO Date
Mar 19, 2019
Business
The Healing Company Inc. (OTC: HLCO; formerly THCC) operates as a health and wellness holding company that acquires and scales brands offering integrative healing products and services blending conventional medicine, ancient wisdom, nutraceuticals, and holistic practices; its portfolio includes plant-based superfoods brand Your Super, featuring organic functional superfood mixes such as super greens, proteins, and energy blends sold via e-commerce; Chopra Global's wellbeing experiences, encompassing physical products like supplements and Ayurvedic remedies, the Chopra meditation and wellbeing app with premium memberships, and licensed retreats including the Chopra Health Retreat at CIVANA Wellness Resort & Spa and the Chopra Mind-Body Zone at Lake Nona Performance Club; as well as early acquisition Noeo GmbH focused on wellness initiatives. The company targets consumers seeking alternative health solutions through direct-to-consumer sales, app subscriptions, and experiential wellness across the United States, Europe, and North America. Founded in 2022 by Simon Belsham and Anabel Oelmann and headquartered at Ten Grand Street, 11th Floor, Brooklyn, New York, the company evolved from Lake Forest Minerals Inc., incorporated in Nevada in 2008, via a strategic pivot to wellness following the 2022 acquisition of Noeo. Recent developments include uplisting to the OTCQB Venture Market in July 2023 under ticker HLCO, securing up to $7 million in equity funding from strategic investors such as the Burman family investment office and Goetz Family Office, bringing total committed equity to $17 million alongside a $150 million credit facility for acquisitions, and achieving sequential revenue growth to $3.2 million in fiscal Q3 2023 from integrating brands like Your Super and Chopra.