Turner Venture Group Inc., (OTCMKTS:TVOG) announced a new healthcare wholesale order by subsidiary Herban Healing, LLC, on August 30, 2022. The order is from a hospice healthcare provider (HCP) situated within Texas (name can’t be released due to confidentiality clause).
Trading Data
On Tuesday, TVOG stock fell 10% to $0.0072 with more than 59.20K shares traded, compared to a volume of 49.03K shares. The stock moved within a range of $0.0051 – 0.0072 after opening trading at $0.0052.
Turner Announces Hospice Healthcare Provider Second Wholesale Order By Herban Healing, LLC
Turner has stated that this HCP launched an internal trial of the products for the care of hospice patients to offer alternatives to conventional methods. The HCP has taken feedback from patients regarding the potential medicinal benefits that could help seniors manage multiple ailments that seniors suffer.
It included checking if there was a soothing effect on the central nervous system, relief in many types of pain including neuropathic, cancer-related, and chronic, reduced opioid intake, relief of constipation and nausea, improved sleep quality, and decreased anxiety. Registered nurses with proper training in the use of CBD for comfort measures were available, and an option was given for the Herban Healing topical and tincture products. While this is a private organization, no official study has been done but the feedback from patients has been extremely positive.
This is exactly why the HPC customer has increased its order of these products to further its offering to its patients. Turner is thrilled about this development, furthering the confidence this is an untapped market for its products that could improve the quality of life for these hospice patients.
Technical Data
TVOG stock is trading below the 20-Day and 50-Day Moving averages of $0.0076 and $0.0095 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0083. The company has a total market capitalization of $458K.
