Stevia Corp (OTCMKTS:STEV) is trading lower in recent sessions on growing volume. STEV is a stock with a history of big moves running from well under a dime to $0.339 highs this time last year.
On April 20 STEV announced biochemist and former MD Anderson Cancer Researcher Dennis Hill has accepted a position on Stevia Corp.’s newly formed Advisory Panel. Dennis Hill has distinguished himself as being one of the few people on record in the world that achieved complete remission of cancer solely through the use of cannabis without conventional cancer treatment such as radiation or chemotherapy.
Stevia Corp (OTCMKTS:STEV) is a farm management company and healthcare company focused on developing highly nutritional, high value products through proprietary plant breeding, excellent agricultural methodologies and innovative post-harvest techniques.
STEV operates a number of divisions in stevia and industrial hemp and just reached profitability according to their last 10Q filed on November 19.
The excitement on stevia is palpable and many predict it is destined to become the main street workhorse natural high potency sweetener on the market. Stevia is a sweetener and sugar substitute extracted from the leaves of the plant species Stevia rebaudiana.
The active compounds of stevia are steviol glycosides, which have up to 150 times the sweetness of sugar is heat-stable, pH-stable, and not fermentable. These steviosides have a negligible effect on blood glucose, which makes stevia attractive to people on carbohydrate-controlled diets. Stevia’s taste has a slower onset and longer duration than that of sugar, and some of its extracts may have a bitter or licorice-like aftertaste at high concentrations.
STEV President George Blankenbaker who has lived in Asia for years spearheaded the Company’s development of high Reb-A Stevia farming in Vietnam as well as secured important distribution through PureCircle, the industry’s leading stevia refiner.
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PureCircle’s natural stevia sweeteners are found in the who’s who of drink manufacturers including Coca-Cola Life, Pepsi True & Pepsi Next.
As if this kind of distribution was not enough STEV formed a Supply Relationship with Darden Restaurants which puts their stevia into the likes of Olive Garden, Yard House, LongHorn Steakhouse & Red Lobster.
In February 2014 STEV entered the industrial hemp sector and established a subsidiary in the sector called Real Hemp LLC with the domain realhemp.com. Soon after Real Hemp LLC announced that they were “confirming orders from US manufactures wanting to purchase hemp products” and “preparing to fulfill these orders when the current hemp crop is harvested beginning in October 2014.” Products range from hemp seeds and their by-products such as edible oil and cannabidiol (CBD) extract.
President of Stevia George Blankenbaker said “Real Hemp is focused on developing and commercializing cannabidiol (CBD) intellectual property and products which we believe will provide high margin revenues and be a major contributor to bottom line growth in 2015.”
On January 29 STEV announced the filing of two additional provisional patent applications with the United States Patent and Trademark Office (USPTO) for the treatment of pain and cardiovascular disease. The two separate applications include a provisional patent application that contains a formulation of naproxen and cannabidiol (CBD) and another application that contains a formulation of aspirin and cannabidiol. Stevia Corp. has now filed four provisional patent applications with the USPTO for four of the largest selling generic pain killing medications worldwide in combination with CBD.
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Currently trading at a $17 million market valuation STEV is an exciting story developing on the bb’s seeing some huge development in recent months. The Company sits at the ground floor of 2 ground breaking industries and has quickly attracted a loyal shareholder base that believes this one goes much higher. We will be updating on STEV when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with STEV.
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Disclosure: we hold no position in STEV either long or short and we have not been compensated for this article.