Healthier Choices Management Corp

healthiercmc.com

Healthier Choices Management Corp (OTC Pink: HCMC) is an intellectual property holding and product commercialization company focused on patented vaporizer technology and pharmaceutical products. Revenue is pursued through royalty and licensing agreements for its patent portfolio, managed by its wholly owned subsidiary HCMC Intellectual Property Holdings, LLC, alongside direct product sales of the Q-Cup and Imitine. Net sales were $2,979 (in thousands) for FY2025 versus $501 (in thousands) for FY2024, with cost of sales exceeding revenue in both periods, producing negative gross profit (FY2025 10-K, filed 2026-03-27). The company has no manufacturing capabilities and relies entirely on third-party manufacturers to produce products to its design specifications. HCMC closed all brick-and-mortar retail vape stores as of FY2024, shifting focus to wholesale and online channels. As of December 31, 2025, the company held $1.1 million in cash and negative working capital of $0.3 million, with recurring net losses and a $5 million revolving credit facility available through December 31, 2026.