Healthier Choices Management Corp (OTCMKTS:HCMC) is up 12% and 30% in the past week. The company announced on July 23, 2021, that the Northern District of Georgia District court gave Philip Morris Products SA and Philip Morris USA a motion to dismiss the Healthier Choices Management Corp patent infringement suit against them. The company now has fourteen days to file a leave motion for filing anrevised complaint which HCMC will do as per the said deadline.
On June 20, 2021, the company announced that the USPTO had granted it a patent titled Electronics Vaporizer Cartridge with Encased Heat Source, patent no. 11,064,732. The patent covers the company’s proprietary tech directed at vaporizer cartridges with internal components enclosed in non-reactive material like ceramic and quartz.
Jeff Holman said that the patent issuance is a massive step in the company’s efforts to ensure vaping is safe. He said that the patent is a technologically reverse process of the previously issued patents for the Q-Cup tech. So, in the coming months, HCMC is a stock to watch.
On Monday, HCMC stock gained 12.50% at $0.0009 with more than 3.11 billion shares, compared to its average volume of 388.85 million shares. The stock had moved within a range of $0.0007 – 0.0010 after opening the trade at $0.0008.