[vc_column_text css=».vc_custom_1722038478152{margin-right: 70px !important;margin-left: 70px !important;}»]Healthier Choices Management Corp. (HCMC) expands its footprint in the Midwestern United States with the acquisition of GreenAcres Market, a renowned chain of organic and natural food stores. This strategic move is anticipated to boost HCMC’s annual revenue to approximately $75 million, aligning with its long-term growth objectives and commitment to sustainable practices in the organic supermarket sector.Acquisition Details and Strategic Impact Healthier Choices Management Corp. (OTC Pink: HCMC) has successfully acquired GreenAcres Market, a distinguished chain of organic and natural food stores with five locations across Kansas and Oklahoma. This acquisition signifies a substantial expansion for HCMC into the Midwestern United States. GreenAcres Market is celebrated for its extensive range of organic and all-natural products, including national brand vitamins and specialty local products. Their offerings include organic produce, natural groceries, dietary supplements, and freshly prepared foods.
CEO’s Vision for Growth Jeffrey Holman, CEO of HCMC, expressed his enthusiasm about this strategic acquisition. “This strategic move is a pivotal step towards achieving HCMC’s growth objectives,” said Holman. “Given GreenAcres’ past successes, we project that this acquisition will boost our annual revenue to approximately $75 million. We are confident that GreenAcres will enhance our financial position and market share. This acquisition aligns seamlessly with our commitment to sustainable growth in the organic supermarket sector and our long-term strategic goals.”
GreenAcres Market: A New Chapter The Hoffmann family, previous owners of GreenAcres Market, shared their excitement about the acquisition. “We are excited about GreenAcres Market entering a new chapter with HCMC, as this acquisition reflects our shared dedication to quality products and exceptional customer service. By merging with a like-minded company, we will continue to advance the natural products industry’s mission of promoting alternative health education. We also extend our gratitude to Food Partners for their invaluable role as strategic and financial advisors throughout this process.”
About Healthier Choices Management Corp. (HCMC) Healthier Choices Management Corp. (www.hcmc1.com) is a holding company committed to offering consumers healthier choices in nutrition and lifestyle alternatives. Through its wholly owned subsidiary, HCMC Intellectual Property Holdings, LLC, the company manages and aims to expand its intellectual property portfolio.[vc_single_image image=»5376″ img_size=»large» alignment=»center»][/vc_column][/vc_row][vc_column_text css=».vc_custom_1722039703486{margin-top: 40px !important;}»]Subsidiaries and Brands
- Ada’s Natural Market: A natural and organic grocery store offering a broad selection of fresh produce, bulk foods, vitamins, supplements, packaged groceries, meat, seafood, deli items, baked goods, dairy products, frozen foods, health and beauty products, and natural household items.
- Paradise Health & Nutrition: Operating three stores, Paradise Health & Nutrition provides fresh produce, bulk foods, vitamins, supplements, packaged groceries, meat, seafood, deli items, baked goods, dairy products, frozen foods, health and beauty products, and natural household items.
- Mother Earth’s Storehouse: An organic and health food chain in New York’s Hudson Valley with over 40 years of history, offering a wide range of organic products and vitamins.
- Greens Natural Foods: Operating eight stores in New York and New Jersey, Greens Natural Foods provides 100% organic produce, all-natural, non-GMO groceries, bulk foods, local products, an organic juice and smoothie bar, fresh “grab & go” foods, vitamins, supplements, and health and beauty products.
- Ellwood Thompson’s: An organic and natural health food store in Richmond, Virginia, offering a range of health and wellness products.
- GreenAcres Market: A chain of premier natural foods stores with five locations in Kansas and Oklahoma, specializing in organic and all-natural products and vitamins from leading national brands and local specialty sources.
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Wellness Initiatives and Future Plans Through its subsidiary, Healthy Choice Wellness, LLC, HCMC operates a Healthy Choice Wellness Center in Kingston, NY, and holds a licensing agreement for a Healthy Choice Wellness Center at Casbah Spa and Salon in Fort Lauderdale, FL. The company is actively seeking new locations for additional Healthy Choice Wellness Centers but has no current agreements for new openings. In partnership with an established healthcare provider, Healthy Choice Wellness II, LLC is developing a telemedicine service for semaglutide therapy, focusing on patient evaluations, treatment, and coordination with healthcare providers.
Healthy U Wholesale Healthy U Wholesale sells vitamins, supplements, and health, beauty, and personal care products through its website.
Conclusion The acquisition of GreenAcres Market by Healthier Choices Management Corp. marks a significant milestone in HCMC’s strategic expansion. This move not only enhances HCMC’s market presence but also reinforces its commitment to providing quality organic and natural products to consumers, paving the way for future growth and success.
