MALACHITE INNOVATIONS, INC. Overview
Industry: Biotechnology
Sector: Healthcare
Malachite Innovations, Inc., together with its subsidiaries, provides health and wellness products in the United States. The company operates in Environmental Services and Cannabinoid Drug Development segments. It develops VBX-100, a glycosylated tetrahydrocannabinol cannabinoid for the inflammatory conditions of the gastrointestinal tract. It also offers environmental security services, such as technology-driven security services to active and former mine sites. The company was formerly known as Vitality Biopharma, Inc. and changed its name to Malachite Innovations, Inc. in October 2021. Malachite Innovations, Inc. was incorporated in 2007 and is headquartered in Cleveland, Ohio.
MALACHITE INNOVATIONS, INC. is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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